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    402 Gammon Pl Madison, WI 53719

    For Lease
    $20 SF/Yr

    Prime Madison Office Space: High Traffic, Ample Parking

    Lot size:
    34,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This three-story, 34,000 square foot Class B office building, constructed in 1980 and renovated in 2008, offers multiple tenancy options. Located at the highly visible corner of Mineral Point Road and Gammon Road, directly across from West Towne Mall, this property boasts exceptional visibility and accessibility. The building currently has 1,058 square feet of vacant space available, with two individual suites ranging from 248 to 810 square feet. High traffic counts ensure maximum exposure for your business. Convenient public transportation is readily available with bus stops located directly at the building. Ample on-site parking is provided for tenants and their clients. Building amenities include a shared break room, a conference room, and a fitness center complete with showers. Lower-level storage is also available for added convenience. This is an exceptional opportunity to establish your business in a well-maintained, highly visible, and amenity-rich location.

    Property Features for 402 Gammon Pl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,000 SF
    Class
    B
    Total Rate
    58763.33

    Building Details

    Year Built/Renovated
    1980/2008
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 330
    Size
    810 SF
    Rate per SF
    $20
    Space
    Suite 310
    Size
    248 SF
    Rate per SF
    $246

    HighLights

    • 34,000 SF Class B office building, multi‑tenant.
    • 1,058 SF currently vacant.
    • Two suites available, ranging from 248 SF to 810 SF.
    • Built in 1980, renovated in 2008, three stories.
    • Prime location at Mineral Point Rd & Gammon Rd, across from West Towne Mall, with high traffic counts and ample on‑site parking.
    • Building amenities include a common break room, conference room, fitness center with showers, and lower‑level storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ben Sims Financial ... Life Insurance Agency Perfect Pout Lipstick ... Class Newstar Properties Real Estate Agency Dr. linos M. ... Doctor Michelle Owen Community Health Centre

    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
    -89.5023543
    Latitude
    43.0602279

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Madison Office Space: High Traffic, Ample Parking
    Where is this office property / space located?
    The property is located at 402 Gammon Pl Madison, WI.
    What is the lease rate?
    The lease rate is $20-$246 SF/Yr.
    What are key features of this property?
    This property features: 34,000 SF Class B office building, multi-tenant.; 1,058 SF currently vacant.; Two suites available, ranging from 248 SF to 810 SF.
    Request Owner's contact information
    402 Gammon Pl 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
    402 Gammon Pl Madison, WI 53719
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