2530 Agriculture Dr, Madison, WI 53718
Premier multi-tenant building on the East side of Madison.
- Added:
- Aug 5, 2024
- Days on Market:
- 674
- Last Refresh:
- May 12 at 9:59 pm
Property Features for 2530 Agriculture Dr
General Information
- Standard status
- Active
- Size
- 22,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing agent Tony Keuntjes License #WI 92575-94
Listing office Oakbrook Corporation
Listing date Aug 5, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Oakbrook Corporation
HighLights
- New construction (2023) industrial contemporary building.
- Multi‑tenant commercial property.
- Flexible tenant spaces adaptable to varying needs.
- Premium finishes and features.
- Investment opportunity or owner‑occupant solution.
- Located on the East side of Madison.
Overview
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $297.0k | $13.20 |
| − Vacancy | −$8.9k | −$0.40 |
| EGI | $288.1k | $12.80 |
| − OpEx | −$100.8k | −$4.48 |
| NOI | $187.3k | $8.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.294409
- Latitude
- 43.0611819
