2810 City View DrMadison, WI 53718

  • Office properties
  • 37,258 SF
For Sale
$4,413,360 View listing

Property Details for 2810 City View Dr

Year built
1994
Lot size
4.52 AC
Property size (Sq ft)
37,258 SF
Zone code
SE
Property type
Office properties
Property subtype
Office buildings
APN
0810-271-0309-3
APU
81027103093

Description

This exceptional Class A executive office building, located at 2810 City View Dr, Madison, WI 53718, offers 36,778 square feet of vacant space, presenting a unique investment opportunity. The property boasts a passenger elevator, private and common restrooms, and a comprehensive fire protection system with full sprinkler coverage. A key feature is the on-site data center, equipped with a grounded floor and a specialized HVAC system, ensuring optimal performance and reliability. Power is secured with a 60 KVA backup generator. The building benefits from prominent building and pylon signage, enhancing visibility and brand recognition. The SE (Suburban Employment) zoning allows for a wide range of commercial uses. Further expansion potential exists with the possibility of acquiring adjacent parcels. The asking price for this turnkey property is $4,413,360. This is an ideal opportunity for businesses seeking a modern, well-equipped space in a desirable Madison location. The property's features and zoning flexibility make it suitable for a variety of commercial enterprises. The potential for expansion adds significant long-term value.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,727,374
    6.5%
    $6,209,884
    7%
    $5,766,320
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,782,551
    Geo Method
    $4,852,854
  • Alternative Use

    Use
    Valuation
    Residential
    $7,700,256
    Hospitality
    $7,053,393
    Educational
    $5,868,340
    Medical
    $6,070,162
    Retail
    $9,128,529
2810 City View Dr, Madison, Wisconsin

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.1338
Longitude
-89.2886
CBSA code
31540
CBSA name
MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$84,049
$690,000
$3,481,000
$4,171,000
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