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Financial
Distress signals
Property profile

2702 Agriculture Dr Madison, WI 53718

FOR LEASE
Office buildings
Property ID
US92-0245457
19,200 SF 2.49 ac lot Built 2001
Last sale May 2022 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a former Madison Media Institute building providing office space within a 19,200-square-foot structure built in 2001. It retains some features associated with its prior recording studio use, with select furnishings included, and has pylon signage. The building is configured to be subdivided to allow different occupancy plans. The site consists of a 2.49-acre corner lot with extensive parking, including 105+ parking stalls, and frontage of approximately 336 feet on Agriculture…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$31k
Tax billed · 2022
Assessed value · 2023$1.78M
Assessed land$420k
Assessed improvement$1.36M
Effective rate1.77%

Value estimate

· Oct 2026
$1.80M
$1.62M – $1.98M
AI approach$1.86M
Submarket $/SF estimate$1.23M
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$4k
Operating expenses−$5k
NOI · 94,575.00% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$231/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$135 – $335

Cap rate analysis

How does the asset earn?
94,575.00%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SE
The SE District is established to encourage a broad range of employment activities including limited industrial uses conducted within enc...
General categoryINDUSTRIAL
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.4
Restaurant17.3
Dental Office16.3

Location

2702 Agriculture Dr Madison, WI 53718
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2802 Walton Cmns, Madison, WI 53718-6785 $1,875,000 Oct 2024 30,559 SF
2902 Agriculture, Madison, WI 53718-6876 $1,700,000 Oct 2023 14,661 SF
5303 Fen Oak, Madison, WI 53718-8821 $2,970,000 May 2023 33,516 SF
2820 Walton Cmns, Madison, WI 53718-6797 $2,900,000 Aug 2022 35,491 SF
2744 Agriculture, Madison, WI 53718-6787 $3,050,000 Oct 2020 25,000 SF
2601 Xrds, Madison, WI 53718-7979 $75,900 Apr 2020 29,916 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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