Property profile

2984 Triverton Pike Dr Fitchburg, WI 53711

OFF-MARKET
Commercial real estate
Property ID
US92-0431431
1.15 ac lot
Entity Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,082 square foot free-standing medical office building in Dane County offers a unique leasing opportunity. Currently, 2,145 square feet are available for lease, representing a significant portion of the total space. The building's previous use as a medical office provides a ready-made layout featuring several private offices, treatment rooms, a dedicated lab room, a convenient in-suite restroom, and a well-appointed reception area. All areas boast high-quality finishes, a rare find in the Madison market. The flexible space is ideal for a variety of uses beyond medical practices. Potential tenants could include therapy practices, adult day centers, or general office businesses seeking a move-in ready space with a professional aesthetic. The multiple tenancy structure allows for potential expansion or collaboration opportunities. The building's location on Triverton Pike Drive provides excellent visibility and accessibility. This property presents a compelling opportunity for businesses seeking a well-equipped, conveniently located space in a thriving Dane County market. The available space is ready for immediate occupancy, allowing for a quick and efficient transition for new tenants. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.15 ac (50,138 SF)
APN 0609-044-6164-9
UPID US92-0431431

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
  • Advertising Agency Marketing & Advertising

Location

2984 Triverton Pike Dr Fitchburg, WI 53711-5841
Fitchburg metro Census 1404 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2011
3 recorded transactions
2020
Price N/A
2011
$750,000
1969
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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