6501 Watts Rd Madison, WI 53719
- Office buildings
- 12,900 SF
- 2.61 lot acres
Current Use by Public Records
- SavATree / Arborist Service / Fertilizer Supplier
- Cathy A. Shehorn, Ph.D. / Psychologist
- Enter / Musician / Band
- RSVP of Dane County / Volunteer Organization
- Adoption Choice, Inc. / Adoption Agency
Property Details for 6501 Watts Rd
- Year built
- 1987
- Lot size
- 2.61 lot acres
- Property size
- 12,900 SF
- Zone code
- SE
- Property type
- Office buildings
- APN
- 0708-253-0205-6
- APU
- 70825302056
Description
This Madison, Wisconsin office building presents a compelling investment opportunity. Located at 6501 Watts Rd, 53719, in Dane County, this property offers 35,836 square feet of rentable space within a larger building totaling 48,378 square feet (per City of Madison assessment, 62,829 sq ft). Currently, approximately 66% of the space is occupied, with multiple suites available for lease, ranging from 358 to 20,863 contiguous square feet. The minimum divisible space is 20,775 square feet. The building sits on a 2.61-acre lot and features ample parking and a newer roof. This multi-tenant property offers the potential for significant returns through both occupancy and value-add improvements. The property's size and location in Madison, WI, provide a strong foundation for a successful investment. The substantial vacant space presents an opportunity to increase rental income and further enhance the property's value. This is an exceptional chance to acquire a well-situated office building with immediate income potential and long-term growth prospects.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.4938
- Latitude
- 43.0495
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA