Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4017 Owl Creek Dr Madison, WI 53718
    Property profile & analytics

    4017 Owl Creek Dr, Madison, WI 53718

    View on Map
    • Warehouses
    • 30,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bassett Mechanical / General Contractor / Construction Company

    Property Details for 4017 Owl Creek Dr

    Property type
    Warehouses
    Property subtype
    Life science properties

    Description

    This exceptional 30,000-square-foot industrial property, located in Madison's Southeast submarket, offers a unique opportunity for businesses seeking flexible and adaptable space. The single-story building features a tilt-up concrete construction and is currently divided into five suites, with two immediately available. These suites range from a minimum of 3,100 square feet to a maximum contiguous space of 13,200 square feet, allowing for customization to meet diverse operational needs. The building boasts an impressive 18-foot ceiling height, providing ample vertical space for storage or specialized equipment. Loading and unloading are facilitated by four loading docks equipped with four dock-high doors, complemented by seven convenient drive-in doors. The property's layout is particularly well-suited for flex, warehouse, R&D, manufacturing, and distribution businesses. One available suite (4017 Owl Creek Drive) comprises 5,736 square feet, combining 2,600 square feet of office space with a shop area featuring two drive-in doors and a spacious truck court. The office area includes several private offices, two conference rooms, an open workspace, and a kitchen. The second available suite (4021 Owl Creek Drive), totaling 7,464 square feet, offers 1,400 square feet of office space with two private offices, an open workspace, an IT/storage room, and a break area. The warehouse portion includes a floor drain, one dock-high door with a leveler, and two drive-in doors. The combined space of both available suites offers 13,200 square feet of potential. This prime location provides excellent access to transportation networks and key logistical arteries.

    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
    -89.2895
    Latitude
    43.0395

    Comparable in this City

    • Value Estimation by Request
      28,351 SF

      2318 Advance Rd

      Distribution properties
      2318 Advance Rd, Madison, WI 53718
      View Details
    • Value Estimation by Request
      52,730 SF

      4725 Tradewinds Pkwy

      Distribution properties
      4725 Tradewinds Pkwy, Madison, WI 53718
      View Details
    • Value Estimation by Request
      281,534 SF

      5525 Tradesmen Dr

      Distribution properties
      5525 Tradesmen Dr, Madison, WI 53718
      View Details
    • Value Estimation by Request

      2866 Agriculture Dr

      Flex space
      2866 Agriculture Dr, Madison, WI 53718
      View Details
    • Value Estimation by Request

      5315 Voges Rd

      Flex space
      5315 Voges Rd, Madison, WI 53718
      View Details
    • Value Estimation
      $3,515,000
      50,985 SF

      3404 Mcallens Way

      WAREHOUSE, STORAGE
      3404 Mcallens Way, Madison, WI 53718
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,500 SF

      Versatile Flex Industrial Building

      16,000 SF clear-span flex building suitable for various uses.
      5018 Blazing Star Dr, Madison, WI 53718
      View Details
    • Contact for pricing
      22,500 SF

      Madison Flex Building For Sale

      Premier multi-tenant building on the East side of Madison.
      2530 Agriculture Dr, Madison, WI 53718
      View Details
    • Contact for pricing
      22,500 SF

      Madison Flex Building For Sale

      Premier multi-tenant flex building on the East side of Madison.
      2530 Agriculture Dr, 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

      Spacious East Side Duplex

      Well-maintained duplex with proven rental history on Madison’s East Side.
      1002-1004 Severson Dr, Madison, WI 53718
      View Details
    • $599,900

      Industrial Zoned Buildable Lots

      Two adjacent industrial zoned lots totaling 3.33 acres.
      3602 Agriculture Dr, Madison, WI 53718
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      152,500 SF

      Madison Warehouse Space for Lease

      High bay warehouse space available in Madison, Wisconsin.
      3703-3751 Galleon Run, Madison, WI 53718
      View Details
    • Contact for pricing
      18,750 SF

      Industrial Space on Stoughton Road

      Industrial suites suitable for manufacturing, warehousing, and distribution.
      2041-2065 S Stoughton Rd, Madison, WI 53718
      View Details
    • Contact for pricing
      27,773 SF

      New Industrial Facility in Madison

      New industrial facility with excellent connectivity, delivery Spring 2026.
      2316 Advance Rd, Madison, WI 53718
      View Details
    • Contact for pricing
      1,804 SF

      Functional Industrial/Flex Space Available

      Industrial/flex space in well-maintained park, convenient location.
      6103 Femrite Dr, Madison, WI 53718
      View Details
    • Contact for pricing
      3,041 SF

      Madison East Side Industrial Suite

      Functional industrial suite with office and warehouse space for rent.
      2830-2866 Agriculture Dr, 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.
    4017 Owl Creek 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

    Thank You for Inquiry
    4017 Owl Creek Dr, Madison, WI, 53718
    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!