Property profile

1111 Sherman Ave Madison, WI 53704

OFF-MARKET
Retail properties & Spaces
1,300 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 1,300 square foot retail space is ideally situated on Sherman Avenue in a rapidly developing area of Madison, Wisconsin, within Dane County. The property offers high visibility as an endcap unit, benefiting from its proximity to the revitalized Northgate Shopping Center. The location is experiencing significant growth, with new multi-unit apartment complexes under construction and new retail and service businesses establishing themselves in the neighborhood. This presents a unique opportunity for businesses seeking exposure in a thriving market. The property's single-tenant occupancy allows for complete customization and control of the space. Its convenient location provides easy access to downtown Madison, the north side of the city, and the Tenney-Lapham neighborhood, making it an attractive destination for customers from various areas. The space is currently vacant and ready for immediate occupancy. This prime retail location offers exceptional potential for growth and success in a dynamic and expanding commercial district. The property's connection to the Northgate Shopping Center further enhances its appeal and provides access to existing customer traffic. This is an excellent opportunity to establish a business in a vibrant and up-and-coming area of Madison.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,300 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Loan Service

Location

1111 Sherman Ave Madison, WI 53704
Madison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1111 Sherman Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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