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    6501 Watts Rd Madison, WI 53719

    Sponsored
    For Lease
    $15 SF/Yr

    Multiple suites available, high-value potential.

    Lot size:
    6,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Madison, Wisconsin office building presents a compelling investment opportunity. Located at 6501 Watts Rd, 53719, in Dane County, this property offers 35,836 square feet of rentable space within a larger building totaling 48,378 square feet (per City of Madison assessment, 62,829 sq ft). Currently, approximately 66% of the space is occupied, with multiple suites available for lease, ranging from 358 to 20,863 contiguous square feet. The minimum divisible space is 20,775 square feet. The building sits on a 2.61-acre lot and features ample parking and a newer roof. This multi-tenant property offers the potential for significant returns through both occupancy and value-add improvements. The property's size and location in Madison, WI, provide a strong foundation for a successful investment. The substantial vacant space presents an opportunity to increase rental income and further enhance the property's value. This is an exceptional chance to acquire a well-situated office building with immediate income potential and long-term growth prospects.

    Property Features for 6501 Watts Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,936 SF

    Unit(s) available at that property

    Space
    Suite 102
    Size
    1,394 SF
    Rate per SF
    $18
    Space
    Suite 134B
    Size
    358 SF
    Rate per SF
    $18
    Space
    Suite 133
    Size
    836 SF
    Rate per SF
    $18
    Space
    209A
    Size
    480 SF
    Rate per SF
    $18
    Space
    Suite 209 B
    Size
    430 SF
    Rate per SF
    $18
    Space
    Suite 210
    Size
    2,720 SF
    Rate per SF
    $18
    Space
    Suite 217
    Size
    718 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    SavATree Lawn Care Service Cathy A. Shehorn, Ph.D. Psychologist Enter Musician RSVP of Dane County Volunteer Organization Adoption Choice, Inc. Adoption Agency

    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
    -89.4934866
    Latitude
    43.0495625

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    FAQs

    What type of property is this?
    Office Property / Space - Multiple suites available, high-value potential.
    Where is this office property / space located?
    The property is located at 6501 Watts Rd Madison, WI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    6501 Watts Rd Madison, WI 53719
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    Madison, WI 53719
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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
    6501 Watts Rd Madison, WI 53719
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