For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Postal Service Courier Service
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Alternative Medicine Practice Medical Clinic
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Construction Company General Contractor
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Association Or Organization
Location
Value estimations
Owner & transaction history
Zoning & alternative use
iny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown Residential 1 DR2: Downtown Residential 2 Employment Districts TE: Traditional Employment…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
SE · Madison, WIiny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown Residential 1 DR2: Downtown Residential 2 Employment Districts TE: Traditional Employment…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
iny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown Residential 1 DR2: Downtown Residential 2 Employment Districts TE: Traditional Employment…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SE in Madison, WI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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