Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3818 John Wall Dr Madison, WI 53704
    Property profile & analytics

    3818 John Wall Dr, Madison, WI 53704

    View on Map
    • Warehouses
    • 48,800 SF
    • 5.70 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 3818 John Wall Dr

    Year built
    2022
    Lot size
    5.70 lot acres
    Property type
    Warehouses
    Property subtype
    Life science properties

    Description

    This exceptional Class A industrial property, located at 3818 John Wall Drive in Madison, Wisconsin, offers 48,800 square feet of flexible space, ideal for a variety of uses including flex, warehouse, distribution, R&D, and manufacturing. Built in 2022, the single-story building features 12 suites, with a minimum divisible space of 8,000 square feet and a maximum contiguous space of 12,200 square feet. Currently, 33,200 square feet is available for lease. The property boasts a 20' to 21' ceiling height, 12 loading docks, 12 drive-in doors, and ample parking with 89 spaces. Enjoy excellent visibility and frontage on Hoepker Road, providing significant signage opportunities. The building is strategically located with easy access to I-90/39/94 (just 4 minutes away), and is conveniently situated near Prairie Lakes retail in Sun Prairie (5 minutes), UW Hospitals & Clinics, American Center, East Towne Mall, and Madison College. Each bay includes a truck-height dock (8' x 9') and a drive-in door (12' x 14'), along with LED lighting, an ADA-compliant restroom, and an electrical panel. The building features tilt-up concrete walls, steel beam construction, a fully sprinklered NFPA 13 wet system, and a 120' deep truck court for easy semi-truck maneuvering. The property sits on 5.7 acres of land and is zoned Industrial Limited (IL), with an APN of 251/0810-162-0402-6. Three-phase 120/208 power is available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3187
    Latitude
    43.1636

    Comparable in this City

    • Value Estimation by Request
      91,530 SF

      2012 Commercial Ave

      Refrigerated & Cold Storage
      2012 Commercial Ave, Madison, WI 53704
      View Details
    • Value Estimation
      $750,000
      22.34 Acres

      6304 Ronald Reagan Ave

      R&D FACILITY, LABS, PHARMA
      6304 Ronald Reagan Ave, Madison, WI 53704-2498
      View Details
    • Value Estimation
      $1,035,000
      509,946 SF

      3301 Kinsman Blvd

      R&D FACILITY, LABS, PHARMA
      3301 Kinsman Blvd, Madison, WI 53704-2523
      View Details
    • Value Estimation by Request
      24,000 SF

      2401 Grimm St

      Flex space
      2401 Grimm St, Madison, WI 53704
      View Details
    • Value Estimation
      $655,000
      7,740 SF

      2422 Pennsylvania Ave

      WAREHOUSE, STORAGE
      2422 Pennsylvania Ave, Madison, WI 53704-4754
      View Details
    • Value Estimation
      $16,930,000
      137,665 SF

      3819 John Wall Dr

      WAREHOUSE, STORAGE
      3819 John Wall Dr, Madison, WI 53704-9400
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,000 SF

      Modern Office/Warehouse Near Airport

      Office and warehouse space near Dane County Regional Airport.
      2401 Grimm St, Madison, WI 53704
      View Details
    • Contact for pricing
      86,175 SF

      StorQuest Self Storage - Madison

      86,175 square foot self-storage facility in Madison, Wisconsin.
      2602 Shopko Dr, Madison, WI 53704
      View Details
    • $1,500,000
      3.00 Acres

      Madison Commercial Land Development Opportunity

      Prime 3-acre site, ideal for development.
      2401 Shopko Dr, Madison, WI 53704
      View Details
    • Contact for pricing

      Connected Office Buildings Near Airport

      Two connected office buildings with cafeteria and convenient airport access.
      2401 International Ln, Madison, WI 53704
      View Details
    • Contact for pricing
      5,501 SF

      Single Tenant Office Building

      5,501 sq ft single tenant office building for sale.
      2424 American Ln, Madison, WI 53704
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,728 SF

      Madison Flex Space For Lease

      4,728 SF flex space available for lease in Madison.
      1802-1828 Wright St, Madison, WI 53704
      View Details
    • Contact for pricing
      1,200 SF

      Contractor Garage Space Available

      1,200 SF contractor garage with overhead door and bathroom.
      4250 Acker Rd, Madison, WI 53704
      View Details
    • Contact for pricing
      9,076 SF

      Office and Warehouse Space Available

      Office and warehouse space featuring a drive-in door.
      6504-6582 Ronald Reagan Ave, Madison, WI 53704
      View Details
    • Contact for pricing
      352,117 SF

      Spacious Industrial Facility in Madison

      352,117 SF industrial space with flexible division options.
      2211 Fordem Ave, Madison, WI 53704
      View Details
    • Contact for pricing

      Spacious Warehouse and Office Facility

      352,117 SF warehouse/manufacturing with office space for rent.
      2211 Fordem Ave, Madison, WI 53704
      View Details
    • Contact for pricing
      36,000 SF

      Industrial Space Near Airport

      Customizable industrial space available for rent near Dane County Airport.
      1914 Wright St, Madison, WI 53704
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3818 John Wall Dr
    Madison, WI 53704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3818 John Wall Dr, Madison, WI, 53704
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!