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    2501 Springs Dr Madison, WI 53704

    Sponsored
    For Sale
    $3,500,000

    Prime location, 5,221 sq ft, vacant

    Property size:
    5,221 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,221 square foot car dealership, situated on a 3.26-acre lot in Madison, Wisconsin, presents a unique owner-user investment opportunity. Built in 2014, the property boasts a 2,298 square foot sales office featuring two private offices, a spacious reception area, and three bathrooms. The adjacent 2,923 square foot automotive shop includes five 10' x 10' overhead doors, three hydraulic hoists (10,000-15,000 lbs capacity), radiant heat, floor drains in all bays, and a mezzanine for storage. The shop is equipped with 200 Amp, three-phase, 120/280V power, washer/dryer hookups, and an electric car charging station. Exterior amenities include outdoor electricity on light poles, bollards, security gates, and ample paved parking for over 250 vehicles. The property is conveniently located just half a mile from I-90 and Highway 151, ensuring high visibility and accessibility. The permitted zoning is CC-T. The asking price is $3,500,000, with an occupancy date of August 19, 2024. This turnkey facility offers everything needed for immediate operation and significant growth potential within the automotive industry. The 16-foot ceiling height in the shop provides ample workspace.

    Property Features for 2501 Springs Dr

    General Information

    Property type
    Automotive properties
    Square Feet
    5,221 SF
    Lot Size
    142,006 SF

    Building Details

    Year Built
    2014
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Sales office: 2,298 SF; Shop area: 2,923 SF; Total building area: 5,221 SF
    • 3.26‑acre lot
    • Two private offices, large reception area, three bathrooms
    • Five 10' x 10' overhead doors
    • Radiant shop heat, floor drains in all bays, three 10,000‑15,000 lb hydraulic hoists
    • 200 Amp, three‑phase, 120/280V power; washer/dryer hookups; electric car charging station
    Property Profile Location Intelligence

    Current Use by Public Records

    Goben Cars Used Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.2984605
    Latitude
    43.1324018

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    FAQs

    What type of property is this?
    Automotive property - Prime location, 5,221 sq ft, vacant
    Where is this automotive property located?
    The property is located at 2501 Springs Dr Madison, WI.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Sales office: 2,298 SF; Shop area: 2,923 SF; Total building area: 5,221 SF; 3.26-acre lot; Two private offices, large reception area, three bathrooms
    Request Owner's contact information
    2501 Springs Dr Madison, WI 53704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2501 Springs Dr Madison, WI 53704
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