Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    6417 Normandy Ln Madison, WI 53705

    Sponsored
    For Sale
    $1,690,000

    Fully Leased, 21,714 SF Office

    Property size:
    21,714 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fully leased, 21,714-square-foot Class B professional office building located at 6417 Normandy Ln, Madison, WI 53705. The two-story building, constructed in 1994, boasts a desirable location with easy access to the West Beltline and downtown Madison. Currently generating a strong NOI of $151,255 and an 8.95% cap rate, this property offers a compelling return on investment. The building features ample parking, elevator service, handicap accessibility, and is situated on a 1.17-acre lot. Each floor offers abundant natural light thanks to numerous windows, and amenities include break areas/kitchenettes and restrooms. The property benefits from a new roof installed in 2014 and is situated within an Opportunity Zone, presenting significant tax advantages. The asking price is $1,690,000, translating to $87.50 per square foot. This multi-tenant property is currently 100% occupied, providing immediate cash flow and a stable investment. The building's well-maintained condition and prime location make it an attractive prospect for discerning investors seeking a strong, income-producing asset in a thriving market.

    Property Features for 6417 Normandy Ln

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    21,714 SF
    Class
    B
    Lot Size
    50,965 SF

    Building Details

    Year Built
    1994
    Stories
    2

    HighLights

    • $1,690,000 asking price for this 21,714 square foot office building.
    • Located in a Qualified Opportunity Zone.
    • Fully leased, multi‑tenant professional office building.
    • Well‑maintained, elevator‑served Class B building with ample parking and handicap accessibility.
    • Convenient access to the West Beltline and Downtown Madison.
    Property Profile Location Intelligence

    Current Use by Public Records

    Computer Services Computer Repair Service Anchor Property Management ... Property Management Company Supreme Council Order Fraternal Organization Javis Industries LLC Computer Consultant Select Publishing Publisher

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5214505
    Latitude
    43.0282084

    Nearby Similar for Sale

    • $1,799,000

      Historic Office Building in Madison

      Charming office building in downtown Madison, close to Lake Mendota.
      401 Wisconsin Ave, Madison, WI 53703
      View Details
    • $1,350,000

      Adaptable Warehouse/Office Space in Madison

      16,280 sq ft warehouse/office with flexible business use potential.
      1335 Gilson St, Madison, WI 53715
      View Details
    • $590,000
      0.39 Acres

      Fitchburg Duplex in Verona District

      Turn-key duplex in Fitchburg with strong rental demand.
      5302 Williamsburg Way, Madison, WI 53719
      View Details
    • $375,000
      0.16 Acres

      Madison Two-Unit Property For Sale

      Two-unit property with bright spaces, oak floors, and high ceilings.
      24-26 N Fair Oaks Ave, Madison, WI 53714
      View Details
    • $447,749
      0.14 Acres

      Madison Duplex Investment Opportunity

      Cash-flowing duplex in North Madison, leased through mid-2026.
      1802-1806 Loftsgordon Ave, Madison, WI 53704
      View Details
    • $1,500,000

      Historic Willy Street Commercial Building

      Historic commercial building in vibrant Marquette neighborhood, Madison, WI.
      1053 Williamson St, Madison, WI 53703
      View Details
    • $725,000
      0.26 Acres

      Madison Duplex with Finished Basement

      Spacious 2-bed/2-bath units with finished basements, great investment opportunity.
      5019-5021 Manitowoc Pkwy, Madison, WI 53705
      View Details
    • $1,600,000
      0.39 Acres

      Madison Investment Opportunity: Four Units

      Four-unit property in Grandview Commons neighborhood, Madison, Wisconsin.
      6062 Driscoll Dr, Madison, WI 53718
      View Details
    • $694,000
      0.27 Acres

      Madison Duplex on Corner Lot

      Side-by-side townhouse-style duplex on a corner lot in Madison.
      6934/6938 Chester Dr, Madison, WI 53719
      View Details
    • $1,399,900

      Versatile Commercial Space on Madison's West

      5,250 sqft commercial space ideal for various business uses.
      1225 Greenway Cross, Madison, WI 53713
      View Details
    • $629,000
      0.18 Acres

      Madison Triplex Near Olbrich Park

      Three-unit property near Starkweather Creek and Olbrich Park.
      3401 Dawes St, Madison, WI 53714
      View Details
    • New
      $475,000
      0.27 Acres

      Madison Duplex with Updates

      Well-maintained Madison duplex, great rental history, sought-after area.
      2-4 Meadowlark Dr, Madison, WI 53714
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Fully Leased, 21,714 SF Office
    Where is this office property / space located?
    The property is located at 6417 Normandy Ln Madison, WI.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: $1,690,000 asking price for this 21,714 square foot office building.; Located in a Qualified Opportunity Zone.; Fully leased, multi-tenant professional office building.
    (608) 338-0055
    Request Owner's contact information
    6417 Normandy Ln Madison, WI 53705
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6417 Normandy Ln
    Madison, WI 53705
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    6417 Normandy Ln Madison, WI 53705
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.