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    7102 Mineral Point Rd Madison, WI 53717

    For Sale
    $4,500,000

    Prime Madison location, 31,811 SF, $4.5M

    Property size:
    31,811 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 31,811 square foot medical office building, situated on two acres along a major Madison commercial corridor, presents a compelling investment opportunity. Built in 1979 and renovated in 1992, the two-story building currently operates as a medical clinic, offering strong potential for continued healthcare use or adaptive reuse. The property boasts 112 parking spaces, providing ample convenience for patients and staff. Its prominent location offers nearly 250 feet of high-visibility street frontage, ensuring excellent exposure and accessibility. The SE (Suburban Employment) zoning allows for flexibility in future development or redevelopment plans. The property's supportive soils and multiple access points from a public street further enhance its appeal. With a total asking price of $4,500,000, this represents a compelling price per square foot of $141.46. The building's existing infrastructure and prime location make it an ideal candidate for a variety of uses, including retail, office, or mixed-use development. This is a rare opportunity to acquire a substantial property in a thriving Madison commercial area. The property's existing configuration as a medical clinic, combined with its versatile zoning and ample parking, makes it an attractive option for both healthcare providers and other businesses seeking a high-profile location.

    Property Features for 7102 Mineral Point Rd

    General Information

    Property type
    Medical offices
    Square Feet
    31,811 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built/Renovated
    1979/1992
    Stories
    2

    HighLights

    • Free‑standing building.
    • Existing building.
    • Constructed in 1979.
    • Renovated in 1992.
    • Currently used as a medical clinic.
    • Two‑story building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    UW Health West ... Medical Clinic UW Health West ... Medical Laboratory Hajnal K. Kinda, ... Internist Ann M. Schmidt, ... Internist Paula A. Rogge, MD Family Practice Physician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5058847
    Latitude
    43.0612981

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    FAQs

    What type of property is this?
    Medical office - Prime Madison location, 31,811 SF, $4.5M
    Where is this medical office located?
    The property is located at 7102 Mineral Point Rd Madison, WI.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Free-standing building.; Existing building.; Constructed in 1979.
    Request Owner's contact information
    7102 Mineral Point Rd Madison, WI 53717
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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
    7102 Mineral Point Rd Madison, WI 53717
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