Property profile

2401 Grimm St Madison, WI 53704

OFF-MARKET
Office Spaces
24,000 SF 3.3 ac lot Built 2013
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Property summary

AI-generated overview

This exceptional 24,000 square foot office and flex space building, constructed in 2013, presents a unique investment opportunity in Madison, Wisconsin. Situated on a 3.3-acre lot at 2401 Grimm St, 53704, this two-story building boasts 8,000 square feet of office space spread across two floors, featuring gas forced heat and air conditioning. The remaining space is adaptable flex space. The property includes 67 parking spaces, two drive-in doors, and one dock-high door, catering to diverse operational needs. A significant advantage is the 1600A switch gear power supply and a climate-controlled print area with humidity control. The warehouse area benefits from heating. Strategically located near the Dane County Regional Airport, this property offers convenient access to the Madison Metro system and the Interstate highway network. The property is zoned SE (Suburban Employment) and benefits from a long-term ground lease with the Dane County Regional Airport, extending until 2084. The asking price is $1,645,000. This property is ideal for businesses seeking a blend of office and flex space with excellent accessibility and a secure long-term lease. The APN is 081030404983.

Property profile

Verified
Property type Office Spaces
Year built 2013
Total area 24,000 SF
Lot 3.3 ac (143,748 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2401 Grimm St Madison, WI 53704
Madison metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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