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    Property profile & analytics
    OFF-MARKET Estimated value $1,255,000
    Showrooms

    3103 Watford Way, Madison, WI 53713-3250

    14,000 SF 0.87 ac lot Built 1970
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US92-0035712
    Property summary
    AI-generated overview

    This exceptional 21,000-square-foot warehouse, located at 3103 Watford Way in Madison, Wisconsin, presents a compelling investment opportunity. Situated on a 0.87-acre lot (APN 0609-022-0207-1), this industrial property boasts a desirable location just south of the Beltline Highway, providing convenient access via Fish Hatchery Road. Built in phases between 1970 and 1995, the warehouse features 18' clear height ceilings and 16' at the eaves, along with two dock-high doors, ensuring efficient loading and unloading. The property is zoned I-Industrial, offering flexibility for various uses. A significant advantage is the approximately 2,100 square feet of existing office space, complete with a mezzanine level. This well-appointed office area includes a reception area, showroom, two restrooms, and a kitchen, making it ideal for a variety of businesses. The building is fully sprinklered, enhancing safety and security. The property's layout allows for potential division into multiple tenant spaces, increasing rental income potential. The asking price is $1,550,000, translating to $73.81 per square foot. This presents a strong value proposition in the thriving Madison industrial market. This warehouse offers a blend of functional space and convenient location, making it an attractive investment for both owner-occupiers and investors seeking a high-return property.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1970
    Total area 14,000 SF
    Lot 0.87 ac (37,938 SF)
    Zoning code IG
    APN 0609-022-0207-1
    UPID US92-0035712
    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
    • Commercial Casework Supply General Contractor Renovation Specialist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.38M
    Blend (final) Blend
    $1.26M
    Owner & transaction history
    3103 Investments LLC · 1 yrs held
    3103 Investments LLC
    since 2025
    Last sale
    $1.4M
    7 recorded transactions
    2025
    2025
    $1.4M
    2020
    2019
    2016
    $880,000
    1969
    1969
    Zoning & alternative use
    IG · Madison, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $1.9M +12.3%
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