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    583 D'onofrio Dr Madison, WI 53719

    For Lease
    $13 SF/Yr ($19,590 /Mo)

    Dane County Executive Offices, 8 Spaces

    Lot size:
    17,414 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional office space, located in the desirable High Point Office Park, offers a variety of suite sizes ranging from 197 to 2,853 square feet, with a total of 7,020 square feet currently vacant. Situated off the Beltline and Mineral Point Road, this Class C building boasts outstanding visibility and convenient access to numerous nearby retailers and dining options. Built in 1985, the 17,414 square foot building offers multiple tenancy options, perfect for businesses of various sizes. The property features ample surface parking, providing substantial convenience for employees and clients. Tenants enjoy the benefit of on-site management, signage opportunities, and a generous tenant improvement allowance. Enhance productivity with access to a complimentary on-site fitness center and shared conference rooms, along with additional storage space. Monthly rent, at $13.50 per square foot gross, includes all utilities except phone and internet, and in-suite janitorial services are not included. Lower-level and second-floor suites are available. No elevators are present in this building.

    Property Features for 583 D'onofrio Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,414 SF
    Class
    C
    Total Rate
    19590.75

    Building Details

    Year Built
    1985

    Unit(s) available at that property

    Space
    1001
    Size
    321 SF
    Rate per SF
    $15
    Space
    Suite 218
    Size
    1,357 SF
    Rate per SF
    $13
    Space
    Suite 7
    Size
    2,853 SF
    Rate per SF
    $13
    Space
    1003
    Size
    296 SF
    Rate per SF
    $15
    Space
    1012
    Size
    380 SF
    Rate per SF
    $15
    Space
    Suite 5
    Size
    432 SF
    Rate per SF
    $15
    Space
    Suite 3
    Size
    782 SF
    Rate per SF
    $13
    Space
    Suite 1
    Size
    803 SF
    Rate per SF
    $13

    HighLights

    • 17,414 SF Office Building in Dane County, WI.
    • 8 Executive Suites Available, 197‑2,853 SF.
    • 7,020 SF Currently Vacant.
    • Class C Building, Built in 1985, No Elevators.
    • $13.50/SF Gross Rent (Lower Level & 2nd Floor Suites); Includes Utilities Except Phone/Internet & Janitorial.
    • Excellent Beltline Visibility & Ample Parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -89.5170055
    Latitude
    43.056225

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    FAQs

    What type of property is this?
    Office Property / Space - Dane County Executive Offices, 8 Spaces
    Where is this office property / space located?
    The property is located at 583 D'onofrio Dr Madison, WI.
    What is the lease rate?
    The lease rate is $13-$15 SF/Yr.
    What are key features of this property?
    This property features: 17,414 SF Office Building in Dane County, WI.; 8 Executive Suites Available, 197-2,853 SF.; 7,020 SF Currently Vacant.
    Request Owner's contact information
    583 D'onofrio Dr 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
    583 D'onofrio Dr Madison, WI 53719
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