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Property profile & analytics
FOR LEASE
Banks

301 Junction Rd Madison, WI 53711

8,216 SF 1.06 ac lot Built 1998
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US92-3342176
301 Junction Rd, Madison, WI 53711 For Lease
$790,000
301 Junction Rd, Madison, WI 53711
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Property summary
AI-generated overview

This Class A medical office space, totaling 1,209 square feet, is the last available suite in a highly visible Madison building situated at 301 Junction Road. The property boasts excellent visibility from both Junction Road and the Beltline Highway (12/18). This multi-tenant building offers a convenient and desirable location for medical professionals. The space is immediately available and features a minimum divisible space of 1,209 square feet, with a maximum contiguous space also of 1,209 square feet. The building provides ample parking with a 5:1000 ratio. This is a fantastic opportunity to establish or expand your practice in a thriving area with strong neighboring businesses. Nearby businesses include well-known establishments such as Kesslers Diamonds, Outback Steakhouse, Target, Lands End, and Pick N Save, ensuring high foot traffic and visibility for your business. The property is located in Dane County, Wisconsin, and offers a prime location for medical practices seeking a high-profile address in Madison, WI, zip code 53717. The property is classified as Office and Retail, specifically a Medical Office subtype. This is a unique opportunity to secure a highly desirable space in a well-established and convenient location.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1998
Total area 8,216 SF
Lot 1.06 ac (46,391 SF)
Zoning code PD
APN 0708-224-0210-6
UPID US92-3342176
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sam Riddle Massage Alternative Medicine Practice Spa & Massage Center
  • Driving Successful Lives Madison Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
$919k
Blend (final) Blend
$790k
Owner & transaction history
301 Junction Road Property Group Ll · 11 yrs held
301 Junction Road Property Group Ll
since 2014
3 recorded transactions
2014
$3.0M
2012
$2.3M
2008
$3.3M
Zoning & alternative use
PD · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Planned Development zoning is site-specific zoning, where specific use and development requirements are written for each individual PD zone. Conventional zoning districts are districts whose rules are wholly within the City’s zoning code. Conventional zoning districts may be mapped and used in various areas throughout the city. Public Information Meetings Th…

Zone name Planned Development District
General category PLANNED_DEVELOPMENT
Zone area 4,588.13 ac
Top alternative use upside
Auto repair, garage $1.3M +44.1%
Commercial (general) $1.3M +40.5%
Retail stores $1.2M +28.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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