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    1224 Park St Madison, WI 53715

    For Lease
    $22 SF/Yr

    Modern Office Suite, Downtown Proximity

    Lot size:
    1,203 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    The Sofia, located at 1224 S. Park St, offers a prime 1,203 square foot office space in a brand-new, four-story building (2022 construction). This traditional office suite is part of a multi-tenant building in Dane County, providing excellent visibility and accessibility. With an average daily traffic count of 24,000 vehicles, this location boasts exceptional exposure for your business. Its convenient location offers easy access to downtown Madison and excellent connectivity to the city's east and west sides via the Beltline Highway. The surrounding area is vibrant, with numerous restaurants and coffee shops within easy reach, creating a desirable and convenient environment for employees and clients alike. This single available space is perfect for a business seeking a modern, well-located office in a thriving area. The building itself is a single structure, offering a cohesive and professional environment. This is an exceptional opportunity to establish your business in a highly visible and accessible location. Don't miss this chance to secure your space in this newly constructed, modern office building.

    Property Features for 1224 Park St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,203 SF

    Building Details

    Year Built
    2022
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    1st floor
    Size
    1,203 SF
    Rate per SF
    $23

    HighLights

    • 1,203 square feet of vacant office space available.
    • Modern, 2022‑built, four‑story office building.
    • Located in Dane County, offering excellent visibility and high traffic counts (24,000 vehicles daily).
    • Minutes from downtown Madison with easy Beltline Highway access.
    • Multiple tenancy available.
    • Situated near numerous restaurants and coffee shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3963009
    Latitude
    43.053164

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    FAQs

    What type of property is this?
    Retail property - Modern Office Suite, Downtown Proximity
    Where is this retail property located?
    The property is located at 1224 Park St Madison, WI.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 1,203 square feet of vacant office space available.; Modern, 2022-built, four-story office building.; Located in Dane County, offering excellent visibility and high traffic counts (24,000 vehicles daily).
    Request Owner's contact information
    1224 Park St Madison, WI 53715
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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
    1224 Park St Madison, WI 53715
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