Property profile

2316 Advance Rd Madison, WI 53718

FOR LEASE
Warehouses
Property ID
US92-3417078
28,351 SF Built 2020
Entity Owned
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Property summary

AI-generated overview

This exceptional 28,351-square-foot industrial property in Madison, Wisconsin, offers a rare opportunity for businesses seeking modern warehouse or flex space. Located in a prime Dane County location, minutes from major highways (51, 12/Beltline, I-90/39/94), this Class B building boasts a 2020 construction date and features a five-story design with impressive 24' to 30' ceiling heights. The space is fully vacant and divisible to a minimum of 14,000 square feet, with a maximum contiguous space of 28,351 square feet. The property includes nine loading docks and two drive-ins, ensuring efficient operations. Power is robust, with 2,000 amps, 480v, 3-phase service. The building's pre-engineered metal construction, accented with masonry block, provides a professional appearance, complemented by ample natural light and wide column spacing. The IL zoning allows for a variety of uses, including warehouse/storage, light manufacturing, and service companies. This new infill development is approximately seven months from lease execution. The property is situated at 2318 Advance Rd, Madison, WI 53718.

Property profile

Verified
Property type Warehouses
Year built 2020
Total area 28,351 SF
UPID US92-3417078

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2316 Advance Rd Madison, WI 53718
Madison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
5 recorded transactions
2026
Price N/A
2025
Price N/A
2023
Price N/A
2022
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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