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Property profile & analytics
OFF-MARKET Estimated value $4,985,000
Retail properties & Spaces

2118 Beltline Hwy Madison, WI 53713-2340

42,758 SF 3.02 ac lot Built 1997
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US92-0767573
Property summary
AI-generated overview

This exceptional retail property, located at 2118 W Beltline Hwy in Madison, Wisconsin, offers 16,850 square feet of vacant space within a larger 43,670 square foot building. Situated in Dane County, this prime location boasts excellent visibility along the Beltline Highway, ensuring high traffic and exposure for your business. The property is designated for multiple tenancies, though currently only one suite is available. This presents a unique opportunity for a single large tenant or the potential for division into smaller spaces (subject to feasibility and approvals). The property's classification is retail commercial, making it ideal for a wide variety of businesses. The address is 2118 W Beltline Hwy, Madison, WI 53713. This is a for-sale/lease opportunity, providing flexibility for potential buyers or lessees. The property's strategic location and ample square footage make it an attractive investment for businesses seeking high visibility and convenient access in a thriving Madison market. Interested parties should inquire for further details regarding pricing and lease terms. The property is ready for immediate occupancy.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1997
Total area 42,758 SF
Lot 3.02 ac (131,551 SF)
Zoning code CC
APN 0709-343-0705-4
UPID US92-0767573
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.05M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.05M
Blend (final) Blend
$4.99M
Owner & transaction history
Madison Lesco LLC · 1 yrs held
Madison Lesco LLC
since 2025
Last sale
$4.0M
6 recorded transactions
2025
$4.0M
2024
$3.6M
2016
Price N/A
2014
$2.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CC · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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