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Property profile & analytics
OFF-MARKET
Warehouses

2180 Pennsylvania Ave Madison, WI 53704-4748

7,545 SF 2 ac lot Built 1963
Individually Owned Free & Clear
Property ID
US92-0463887
Property summary
AI-generated overview

This exceptional 36,850-square-foot flex space at 2180 Pennsylvania Ave, Madison, WI 53704, is offered at $4,250,000. The property, a single-unit, Class C industrial building, boasts 108,768 square feet of net rentable area on a 108,768 square foot lot. Built in 1965 and renovated in 2009, it features a pre-engineered steel structure with concrete components, offering a 22-32' ceiling height. The building includes one loading dock, seventeen parking spaces, and is zoned for Industrial Limited use. Ideal for fleet/vehicle maintenance, warehousing, storage, or light manufacturing, this property benefits from a vehicular and pedestrian easement over adjacent land, providing potential for an additional access point beyond the primary Pennsylvania Ave entrance. The property's layout includes three drive-thru bays, a wash bay, and a storage wing with drive-thru bay and recessed dock. This owner-user investment opportunity presents a unique blend of functionality and location in a thriving Madison market. The property is a NNN lease type.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1963
Total area 7,545 SF
Lot 2 ac (86,989 SF)
Zoning code IL
APN 0710-062-1601-6
UPID US92-0463887
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Brd Of Regents Of Univ Of Wi System
Brd Of Regents Of Univ Of Wi System
since 2025
Last sale
$4.3M
1 recorded transaction
2025
$4.3M
Zoning & alternative use
IL · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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