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    Property profile & analytics
    OFF-MARKET Estimated value $875,000
    Warehouses

    3202 Latham Dr, Madison, WI 53713-4614

    10,000 SF 6.63 ac lot Built 1985
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US92-3473484
    Property summary
    AI-generated overview

    This exceptional 135,617-square-foot single-tenant office building, constructed in 1993, is situated in Madison, Wisconsin, within Dane County. The property features a one-story design and offers a comprehensive suite of amenities. Warehouse space includes seven dock doors, one drive-in door, and approximately 25-foot ceiling heights. The warehouse area, currently configured for racking and distribution, also includes mezzanine storage. A 100 kW backup natural gas generator ensures reliable power. The building is fully heated and air-conditioned for optimal comfort. A separate ~900 square foot storage shed/garage is also included. The office space boasts 30+ private offices, open workspace, multiple conference rooms of varying sizes, several large training rooms, a showroom, mailroom, kitchen/lunchroom, and a workout facility complete with men's and women's locker rooms and four sets of restrooms. This property presents a unique opportunity for a single tenant seeking a large, well-equipped space in a desirable Madison location. The property is located at 3202 Latham Dr, Madison, WI 53713.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1985
    Total area 10,000 SF
    Lot 6.63 ac (288,933 SF)
    Zoning code IG
    APN 0609-022-0606-5
    UPID US92-3473484
    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
    • Conney Safety Building Supply General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $895k
    CAP Approach CAP
    $985k
    Comparable Approach Comparable
    $746k
    Blend (final) Blend
    $875k
    Owner & transaction history
    Wesco Mad Sellers LLC · 6 yrs held
    Wesco Mad Sellers LLC
    since 2020
    6 recorded transactions
    2020
    2020
    $13.4M
    2016
    $10.8M
    2008
    $6.7M
    2007
    1969
    Zoning & alternative use
    IG · Madison, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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