406 Science Dr Madison, WI 53711
Property Lookup
Property profile & analytics
406 Science Dr Madison, WI 53711
- Office buildings
- 11,500 SF
- 5.43 lot acres
Property ID
US92-0414030
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
- Prosthetic Dental Associates - Dr. Kelly A. Beck, Dr. Paul J. Correll & Dr. Alicia Estrella / Dental Office / Physician
- American College-Prsthdntsts: Correll Paul J DDS / Dental Office
- Rogers Behavioral Health / Crisis Center / Medical Clinic
- Celena Dumpstеrs / General Contractor / Waste Management Facility
- Medical Art Resources,Inc. / Medical Clinic
Property Details for 406 Science Dr
- Year built
- 1989
- Lot size
- 5.43 lot acres
- Property size
- 11,500 SF
- Zone code
- RMX
- Property type
- Office buildings
- APN
- 0709-301-0701-0
- APU
- 70930107010
Description
Park West I, a Class A office building located at 406 Science Dr, Madison, WI 53711, offers exceptional office space in the University Research Park. This four-story building, totaling 52,353 square feet, boasts a park-like setting on 5.4 acres of land, providing ample free parking for 222 vehicles. Built in 1989, the property features two elevators and is conveniently situated at the corner of Mineral Point Road and Whitney Way. Suites range from a minimum of 1,979 square feet to a maximum contiguous space of 6,033 square feet, catering to various business needs. The building is undergoing continuous improvements to enhance service, performance, and energy efficiency. Its location offers easy access to numerous restaurants and shopping options, and is within a 15-minute drive of downtown Madison, Greenway Station, Middleton, Verona, and Cross Plains. The property is ideal for businesses seeking a prestigious address in a thriving, amenity-rich environment. The building accommodates multiple tenants and is suitable for executive, traditional, and medical office uses. This is a rare opportunity to secure space in a highly sought-after location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,450,000
- 6.5%
- $3,185,000
- 7%
- $2,955,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,606,000
Market price range: $364k - $1.61M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,660,000 Current use
- RESTAURANT
- $3,830,000 Change: +44% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $3,380,000 Change: +27% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,240,000 Change: +22% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,210,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.4706
- Latitude
- 43.0602
- 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
$119,204
$1,250,000
$5,272,600
$6,522,600
-
$0.00
$0.00
$0.00
