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Property profile & analytics

2423 American Ln Madison, WI 53704-3138

  • Office buildings
  • 7,360 SF
  • 0.01 lot acres
OFF-MARKET
Last Sale
Dec 10, 2021
$500,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US92-0858349
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • FedEx Drop Box / Mailing Service
  • Harambee Village Doulas / Doula
  • American Structures / General Contractor
  • Wisconsin Concrete Pavement / Association Or Organization

Property Details for 2423 American Ln

Year built
1981
Lot size
0.01 lot acres
Property size
7,360 SF
Zone code
SE
Property type
Office buildings
APN
0810-304-0199-7
APU
81030401997

Description

This single-story, 3,033-square-foot executive office building at 2423 American Ln, Madison, WI 53704, presents a unique investment opportunity. Built in 1981, the property is situated on a land lease and offers significant flexibility. The building's zoning is commercial ("com"), and its Dane County APN is 0810-304-0199-7. Currently vacant, the entire 3,033 square feet is available for immediate occupancy. The property is ideally suited for owner-occupants seeking a headquarters or investors looking for a multi-unit rental property. The building could be easily subdivided into 3-5 rentable units, providing diverse income streams. Ample parking is available, with a capacity of 36-55 spaces. The property benefits from a prime business location in Madison, Wisconsin. Recent improvements include planned cleanup of branches and trees at the rear of the property. A recent appraisal has been conducted, and the property is priced to sell. This is a rare opportunity to acquire a versatile and well-located office building in a thriving market.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Madison
County
Dane
State
Wisconsin
Longitude
-89.3509
Latitude
43.1251
CBSA code
31540
CBSA name
MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,823
$0.00
$500,000
$500,000
-
$0.00
$0.00
$0.00
More about this property
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