Property profile

2814 Perry St Madison, WI 53713

FOR LEASE
Manufacturing properties
Property ID
US92-0389820
11,700 SF 1.45 ac lot Built 1954
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 22,700-square-foot warehouse, located at 2814 Perry St in Madison, Wisconsin, presents a significant opportunity for industrial businesses. Built in 1997, the single-tenant property sits on a 1.45-acre lot and offers ample space for operations and storage. The building boasts 1,600 AMPs of 3-phase power, ensuring sufficient capacity for energy-intensive activities. With 50 surface parking spaces, employee and visitor parking is readily available. The property is zoned IL-Industrial, aligning with various industrial uses. The entire 22,700 square feet is currently vacant, providing immediate occupancy for a new tenant. Its location in Dane County, Wisconsin, with a Madison zip code of 53713, offers convenient access to transportation routes and a robust workforce. This warehouse is ready for immediate occupancy and represents a compelling opportunity for businesses seeking a well-maintained, spacious industrial facility in a prime location. The property's size, power capacity, and parking provisions make it suitable for a wide range of industrial operations. Interested parties are encouraged to inquire further.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1954
Total area 11,700 SF
Lot 1.45 ac (62,988 SF)
Zoning code IL
APN 0709-353-0522-1
UPID US92-0389820

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

2814 Perry St Madison, WI 53713
Madison metro Census 1405 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2009
4 recorded transactions
2020
Price N/A
2009
$570,000
2007
$787,500
1969
Price N/A

Zoning & alternative use

IL · Madison, WI
Zoning description

This district provides for a mix of light manufacturing uses and offices and warehousing and flex space and limited storage and warehousing and limited retail and service uses that primarily serve the industrial uses des…

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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