2423 American Ln Madison, WI 53704-3138
- Office buildings
- 7,360 SF
- 0.01 lot acres
Dec 10, 2021
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
-
AI approach
-
CAP approach
-
Comparable approach
-
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