Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    7780 Elmwood Ave Middleton, WI 53562

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7780 Elmwood Ave Middleton, WI 53562

    View on Map
    • Office properties & Spaces
    • 57,520 SF
    • 2.20 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 7780 Elmwood Ave

    Year built
    2002
    Lot size
    2.20 lot acres
    Property size
    57,520 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional 57,520 square foot Class B office building, constructed in 2002, offers immediate occupancy in a highly desirable Madison West location. The property boasts 225 parking spaces and is situated on a 2.2-acre lot (95,832 sq ft), providing ample room for tenants and visitors. Currently, 2,385 contiguous square feet of executive office space is available, divisible to a minimum of 1,000 square feet, making it ideal for a variety of businesses. The two-story building features elevators and abundant natural light thanks to numerous windows. Its strategic location, one block from Highway 12/14, ensures excellent visibility and accessibility, with high traffic counts of 30,800 on University Avenue and 42,000 on Highway 12/14. The property is zoned PDD-S and is located in Dane County. This vibrant area is home to a diverse range of established businesses, including Meriter Health, Hallman/Lindsay Paints, Fard Family Dental, Takara 88, Barriques, Diny's Diamonds, Lax Studios, Edward Jones, Flamingo Nails, and Little Gym, creating a strong and thriving business community. Signage opportunities are also available. This is a rare opportunity to secure premium office space in a highly sought-after location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Middleton
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.515
    Latitude
    43.0962

    Comparable in this City

    • Value Estimation by Request
      20,000 SF

      9801 Brader Way

      Office properties & Spaces • 20,000 SF
      9801 Brader Way, Middleton, WI 53562
      View Details
    • Value Estimation by Request
      11,471 SF

      8383 Greenway Blvdsuite 600

      Office Units • 11,471 SF
      8383 Greenway Blvdsuite 600, Middleton, WI 53562
      View Details
    • Value Estimation by Request
      15,600 SF

      3030 Laura Ln

      Office properties & Spaces • 15,600 SF
      3030 Laura Ln, Middleton, WI 53562
      View Details
    • Value Estimation by Request

      Tribeca Dr

      Medical Office Space
      0 Tribeca Dr, Middleton, WI 53562
      View Details
    • Value Estimation by Request
      3,168 SF

      6605 University Ave

      Office properties & Spaces • 3,168 SF
      6605 University Ave, Middleton, WI 53562
      View Details
    • Value Estimation by Request
      415,957 SF

      2330 Eagle Dr

      Office properties & Spaces • 415,957 SF
      2330 Eagle Dr, Middleton, WI 53562
      View Details

    Similar Nearby for Sale

    • $850,000
      6,191 SF

      Middleton Retail Portfolio: 5 Units

      High-yield retail investment; 6,191 SF.
      6629 University Ave, Middleton, WI 53562
      View Details
    • Contact for pricing
      22,500 SF

      Middleton Industrial Park Multi-Tenant Building

      22,500 SF multi-tenant industrial building in Middleton Industrial Park.
      2211 Eagle Dr, Middleton, WI 53562
      View Details
    • $1,500,000
      5,000 SF

      Downtown Middleton Freestanding Building

      5,000 SF building in the heart of downtown Middleton.
      7702-7704 Terrace Ave, Middleton, WI 53562
      View Details
    • $159,000
      0.09 Acres

      Middleton Homesite in Redtail Ridge

      Homesite in a planned community with nature access and conveniences.
      6610 Linnet Ln, Middleton, WI 53562
      View Details
    • $349,900
      0.29 Acres

      Ready-to-Build Lot in Middleton

      Residential lot in desirable location near schools, dining, and parks.
      10013 Shadow Ridge Trl, Middleton, WI 53562
      View Details
    • $180,000
      0.04 Acres

      Middleton Land Lot with Credit

      Residential land lot with geothermal credit in Middleton, Wisconsin.
      4028 Serenbe St, Middleton, WI 53562
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 6405 Century Ave.
      6405 Century Ave, Middleton, WI 53562
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease in Middleton, Wisconsin.
      6602 University Ave, Middleton, WI 53562
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office property available for lease.
      6720 Frank Lloyd Wright Ave, Middleton, WI 53562
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in Middleton, Wisconsin.
      2330 Eagle Dr, Middleton, WI 53562
      View Details
    • Contact for pricing

      Downtown Middleton Office Space Available

      Office space for lease with excellent visibility and access.
      7447 University Ave, Middleton, WI 53562
      View Details
    • Contact for pricing
      20,825 SF

      Customizable Office Space Available

      Prime location near West Beltline Highway, flexible floor plan.
      1600 Aspen Cmns, Middleton, WI 53562
      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.
    7780 Elmwood Ave
    Middleton, WI 53562
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!