Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3030 Crossroads Dr Madison, WI 53718

    Property Lookup

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

    3030 Crossroads Dr Madison, WI 53718

    View on Map
    • Land
    • 4.74 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3030 Crossroads Dr

    Lot size
    4.74 lot acres
    Property type
    Land

    Description

    This exceptional investment opportunity encompasses two adjacent parcels totaling 4.74 acres of vacant commercial land in Madison, Wisconsin. The property is strategically located at 3030 City View Dr. and 2901 Crossroads Dr., within Dane County, and boasts a combined assessed value of $1,306,000. One parcel, situated at 2901 Crossroads Dr., comprises 2.2 acres, zoned SE (Suburban Employment), with an assessed value of $506,000 and 2023 property taxes of $9,276.24. The second parcel, located at 3030 City View Dr., offers 2.54 acres, also zoned SE (Suburban Employment), and features an assessed value of $800,000 and 2023 property taxes of $14,665.97. The combined asking price for both parcels is $1,350,000, representing a compelling land value of $6.53 per square foot. This prime location and flexible zoning provide significant potential for a variety of commercial developments. The property's address is 3030 City View Dr. and 2901 Crossroads Dr., Madison, WI 53718. This is a rare opportunity to acquire a substantial land holding in a thriving Wisconsin market.

    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
    -89.2885
    Latitude
    43.1351

    Comparable in this City

    • Value Estimation by Request
      2.35 Acres

      4602 Helgesen Dr

      Land • 2.35 Acres
      4602 Helgesen Dr, Madison, WI 53718
      View Details
    • Value Estimation by Request
      2.47 Acres

      6512 Kilpatrick Ln

      Land • 2.47 Acres
      6512 Kilpatrick Ln, Madison, WI 53718
      View Details
    • Value Estimation by Request
      14.25 Acres

      5202 High Crossing Blvd

      Land • 14.25 Acres
      5202 High Crossing Blvd, Madison, WI 53718
      View Details
    • Value Estimation by Request
      2.55 Acres

      4102 Owl Creek Dr

      Land • 2.55 Acres
      4102 Owl Creek Dr, Madison, WI 53718
      View Details
    • Value Estimation by Request
      1.94 Acres

      3701 Dutch Mill Rd

      Land • 1.94 Acres
      3701 Dutch Mill Rd, Madison, WI 53718
      View Details
    • Value Estimation by Request
      13.00 Acres

      Marsh Rd. And Kipp St

      Land • 13.00 Acres
      0 Marsh Rd. And Kipp St, Madison, WI 53718
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      5202 High Crossing Blvd, Madison, WI 53718
      View Details
    • $465,000
      1.94 Acres

      Madison Industrial Land - $465K

      1.94-acre industrial lot, prime location.
      3701 Dutch Mill Rd, Madison, WI 53718
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale in Madison, Wisconsin.
      6512 Kilpatrick Ln, Madison, WI 53718
      View Details
    • Contact for pricing

      Commercial Land in Business Park

      Land in a premiere office and retail commercial business park.
      N Biltmore Ln, Madison, WI 53718
      View Details
    • $1,350,000

      Vacant Land in Madison, WI

      Two vacant land parcels zoned for suburban employment.
      2901 City View Dr, Madison, WI 53718
      View Details
    • $160,000
      0.23 Acres

      Madison Multifamily Lot For Sale

      Eastside 0.23-acre lot with approved plans for four units.
      6418 Driscoll Dr, Madison, WI 53718
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Build-to-Suit Warehouse Space

      New warehouse space with custom office solutions, Fall 2025 delivery.
      4846 Tradewinds Pkwy, Madison, WI 53718
      View Details
    • Contact for pricing
      3,458 SF

      Madison Office Space For Rent

      Office space available for lease in Madison, Wisconsin.
      5100 Eastpark Blvd, Madison, WI 53718
      View Details
    • $8 SF/Yr
      21,100 SF

      New Build-to-Suit Warehouse Space

      New warehouse space with custom office solutions, available Fall 2025.
      4846 Tradewinds Pkwy, Madison, WI 53718
      View Details
    • Contact for pricing
      3,508 SF

      Office Space with Natural Light

      Office space featuring natural light, fitness center, and parking.
      2323 Crossroads Dr, Madison, WI 53718
      View Details
    • $13 SF/Yr
      1,776 SF

      Flex/Warehouse Space with Office

      1,776 SF flex/warehouse space with office and heated warehouse.
      1-25 Marsh Ct, Madison, WI 53718
      View Details
    • Contact for pricing
      2,472 SF

      Madison Office Building For Lease

      Class B office space available in a two-story building.
      5315 Wall St, Madison, WI 53718
      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.
    3030 Crossroads Dr
    Madison, WI 53718
    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!