3103 Watford Way Madison, WI 53713-3250
Property profile & analytics
3103 Watford Way Madison, WI 53713-3250
- Showrooms
- 14,000 SF
- 0.87 lot acres
Property ID
US92-0035712
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial Casework Supply / General Contractor / Renovation Specialist
Property Details for 3103 Watford Way
- Year built
- 1970
- Lot size
- 0.87 lot acres
- Property size
- 14,000 SF
- Zone code
- IG
- Property type
- Showrooms
- APN
- 0609-022-0207-1
- APU
- 60902202071
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,383,000
- AI Estimate
- $935,000
Market price range: $1.38M - $2.16MMarket price range: $543k - $1.89M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,690,000 Current use
- WAREHOUSE, STORAGE
- $1,900,000 Change: +12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.3993
- Latitude
- 43.0293
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,128
$100,000
$1,081,000
$1,181,000
-
$0.00
$0.00
$0.00
