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Property profile & analytics
FOR LEASE
Community centers

5704 Raymond Rd Madison, WI 53711

42,543 SF 2.97 ac lot Built 1964
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US92-0599924
Property summary
AI-generated overview

Meadowood Shopping Center, located at 5704 Raymond Rd in Madison, Wisconsin (zip code 53711), presents a compelling leasing opportunity for a discerning tenant. This single-tenant retail property boasts a total building size of 55,000 square feet, situated on a generous 2.97-acre lot. Currently, 8,122 square feet of space is available for lease, offering significant potential for a variety of retail businesses. The property features ample parking, with 200 parking stalls readily available for customers and employees. Its location in Dane County ensures convenient access to a thriving consumer base within Madison. The property's classification as a shopping center within the commercial sector highlights its suitability for businesses seeking high visibility and foot traffic. The property's address is 5704 Raymond Rd, Madison, WI 53711. This prime retail space offers a unique chance to establish or expand a business in a well-established and easily accessible location. The substantial available square footage provides ample room for a large-scale operation or the potential for subdivision to accommodate multiple smaller tenants. The significant parking capacity ensures convenient customer access, a key factor for retail success. The property's location within a busy commercial area promises high visibility and significant foot traffic, making it an ideal location for a variety of retail businesses. This is a rare opportunity to secure a prominent retail space in a desirable Madison location.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1964
Total area 42,543 SF
Lot 2.97 ac (129,504 SF)
Zoning code NMX
APN 0709-313-1107-4
UPID US92-0599924
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.86M
Blend (final) Blend
$4.51M
Owner & transaction history
Meadowood Baceline LLC · 8 yrs held
Meadowood Baceline LLC
since 2017
1 recorded transaction
2017
$3.3M
Zoning & alternative use
NMX · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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