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Financial
Distress signals
Property profile

2180 Pennsylvania Ave Madison, WI 53704

FOR SALE
Warehouses
Property ID
US92-0463887
7,545 SF 2 ac lot Built 1963
Last sale Dec 2025 · $4,250,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$76k
Tax billed · 2022
Assessed value · 2023$3.82M
Assessed land$251k
Assessed improvement$3.57M
Effective rate1.98%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$136/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$98 – $225

Cap rate analysis

How does the asset earn?
1,945,610.00%
$195k 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?
IL
This district provides for a mix of light manufacturing uses and offices and warehousing and flex space and limited storage and warehousi...
General categoryINDUSTRIAL
JurisdictionDANE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply41.3
Realty agency35.8
Law Firm34.3

Location

2180 Pennsylvania Ave Madison, WI 53704
County assessor Recorded deeds · 1 transfer 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3501 Washington, Madison, WI 53704-4114 $1,850,000 Oct 2024 19,440 SF
702 Ruskin, Madison, WI 53704-4458 $246,200 Dec 2023 3,465 SF
2113 Bartillon, Madison, WI 53704-2637 $1,850,000 Dec 2021 10,000 SF
514 Division, Madison, WI 53704-5512 $256,500 Feb 2020 3,218 SF
2070 Helena, Madison, WI 53704-5520 $83,700 Feb 2020 2,835 SF
7065 Manufacturers, Madison, WI 53704-6305 $385,000 Apr 2019 10,500 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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