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    2917 International Ln Madison, WI 53704

    Sponsored
    For Sale
    $2,800,000

    39,960 SF Office Building, $2.8M

    Property size:
    39,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, 39,960 square foot Class C executive office building in Madison, Wisconsin, presents a compelling owner-user or multi-tenant investment opportunity. Located at 2917 International Lane, this property boasts 120 parking spaces and sits on a 2.28-acre lot (APN: 0810-304-0397-7). Currently at 34% occupancy with two tenants, the building offers significant potential for increased revenue. The first floor includes available space previously used as an adult daycare center with its own restrooms. The second floor features a mix of large perimeter offices, restrooms, a break room, and an open office area. The third floor comprises smaller private offices and a large, divisible conference room. Furniture is available for purchase. The building, constructed in 1988, benefits from abundant natural light and views. Its convenient location is steps from MSN Airport and is zoned SE - Suburban Employment. 2022 property taxes totaled $26,833.91. Detailed financial information is available upon request. This is a gross lease property.

    Property Features for 2917 International Ln

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    39,960 SF
    Class
    C
    Lot Size
    99,317 SF

    Building Details

    Year Built
    1988
    Stories
    3

    HighLights

    • Three‑story professional office building with abundant natural light.
    • First‑floor suite, previously an adult daycare center, available for lease; restrooms included.
    • Second floor offers large perimeter offices, restrooms, breakroom, and open workspace.
    • Third floor includes small private offices and a large divisible conference room; furniture available.
    • Excellent location, steps from MSN Airport.
    • 34% occupancy with two tenants; strong potential for expense offset.
    Property Profile Location Intelligence

    Current Use by Public Records

    Uminski Joan E Nursing Agency Dachik Carey G Nursing Agency Pickens Kelly A Doctor Visually Impaired-Blind Services Social Services Organization Kathleen Murphy Sherry General Practitioner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -89.3479926
    Latitude
    43.1278207

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    FAQs

    What type of property is this?
    Office Property / Space - 39,960 SF Office Building, $2.8M
    Where is this office property / space located?
    The property is located at 2917 International Ln Madison, WI.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Three-story professional office building with abundant natural light.; First-floor suite, previously an adult daycare center, available for lease; restrooms included.; Second floor offers large perimeter offices, restrooms, breakroom, and open workspace.
    Request Owner's contact information
    2917 International Ln Madison, WI 53704
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    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
    2917 International Ln Madison, WI 53704
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