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700 Rayovac Drive, Madison, WI 53711

M1-zoned office property with established occupancy and Beltline Highway access.

Property Size39,941 SF
Price / SF$61.34
Days on Market7

Property Features for 700 Rayovac Drive

General Information

Standard status Active
Size 39,941 SF
Class B
Total Parking Spaces 79
Property subtype Office
Zoning M1
Occupancy 100%
Lease Type Gross
Net Operating Income $196,684

Additional Details

Highway Access Yes

Building Details

Year Built 1970
Buildings 1
Stories 3
Tenancy Multi
Building Size 39,941 SF
Listing Agency: Luther Group, LLC
Listed By: Benj Van Handel · License #WI
Source: Crexi
Added: Aug 28 Changed: Sep 2 Last Checked: Sep 1 at 10:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luther Group, LLC

Investment Insights

Based on property information with market context.

The property is a 39,941-square-foot office building constructed in 1970 and currently leased at 100% occupancy. Its office configuration and existing tenant presence provide a fully occupied commercial asset at 700 Rayovac Drive in Madison, Wisconsin.

Positioned just off the Beltline Highway, the building offers regional access to downtown Madison, the University of Wisconsin, Verona, and the broader Dane County market. The surrounding business environment includes Exact Sciences and organizations connected to Madison’s life sciences and technology sectors.

The property carries M1 zoning and is identified as an office building, making its current use clear within the available property information.

Key Highlights

  • 39,941‑square‑foot office building
  • 100% leased occupancy
  • M1 zoning

Property Analytics

Current Use

Udulutch Marie PHD Physician Regent Mental Health ... Medical Clinic Judith Utevsky Counselor Kirk Olson Physician Julia Rhodes Foster Care Service

Suggested Use

Top Pick HVAC Service Building Supply Parking Lot & Garage Auto Parts Store Garden Center Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,683
Businesses Nearby

Demographics for 53711, WI

51,448
Population
23,500
Households
2.2
Avg Household Size
37
Median Age
66%
College-Educated
97%
High-School Grad
26.0 sq mi
ZIP Area
1,979
Density / Sq Mi
$101,236
Median Household Income
$55,284
Median Earnings
$1,357
Median Rent
$387,600
Median Home Value

Market

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - M1-zoned office property with established occupancy and Beltline Highway access.
Where is this office building located?
The property is located at 700 Rayovac Drive Madison, WI.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 39,941‑square‑foot office building; 100% leased occupancy; M1 zoning
(920) 819-0211 Call to check price and availability
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