Technical
Financial
Distress signals
Property profile

313 Blettner Blvd Madison, WI 53714

FOR SALE
Office buildings
Property ID
US92-0991215
76,940 SF 3.9 ac lot Built 2000
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This prestigious Class A office building, located at 313 Blettner Boulevard in Madison, Wisconsin, offers 80,945 square feet of immediately available space. Built in 2000, this five-story building sits on an 11.9-acre lot and boasts 297 parking spaces, three elevators, and a minimum divisible space of 4,000 square feet. The entire 80,945 square feet is currently vacant and can be leased as a single contiguous unit. The property enjoys a prime location, offering effortless access to Highways 51 and 30, providing high visibility and convenient commuting. Its proximity to the University of Wisconsin-Madison ensures access to a highly skilled workforce. The surrounding area is home to numerous large corporations, creating a thriving business environment. This executive office space provides modern amenities and a strategic location for businesses seeking a prominent presence in Madison's dynamic market. The Dane County location and 53714 zip code offer easy access to amenities and a strong local economy. This exceptional property presents a unique opportunity for businesses seeking high-quality office space in a desirable location.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 2000
Total area 76,940 SF
Lot 3.9 ac (169,928 SF)
Zoning code PD
APN 0710-042-0105-1
UPID US92-0991215

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
  • Business Service Center Corporate Office
  • Building Supply Hardware & Home Improvement
  • Corporate Office

Location

313 Blettner Blvd Madison, WI 53714
Madison metro Census 2700 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$13.18M
Blend (final) Blend
$9.89M

Owner & transaction history

since 2019
1 recorded transaction
2019
$950,000

Zoning & alternative use

PD · Madison, WI
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 C…

General category PLANNED_DEVELOPMENT

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?”
More about this property
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