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Property profile & analytics
FOR SALE
Office buildings

434 South Yellowstone Dr Madison, WI 53719

8,634 SF 1.97 ac lot Built 1984
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-0608295
Property summary
AI-generated overview

This exceptional two-story office building, totaling 40,000 square feet, presents a fantastic leasing opportunity in Madison, Wisconsin. Located at 434 S Yellowstone Drive, this property boasts a highly desirable west-side location, offering convenient access to West Towne Mall and the Beltline. Built in 1984, the building features multiple tenant spaces ranging from 1,073 to 2,117 square feet, perfect for a variety of businesses. Enjoy ample parking for both employees and clients, adding to the convenience and accessibility of this location. The interior features high-quality finishes, including vaulted ceilings in select areas, and large windows providing abundant natural light throughout the office spaces. The building's prime location places it within walking distance of numerous restaurants and coffee shops, enhancing the overall work environment. All expenses are included in the lease, excluding in-suite janitorial services. Recent interior improvements further enhance the appeal and functionality of this well-maintained property. This is an excellent opportunity to secure prime office space in a thriving Madison neighborhood. The property is situated in Dane County, Wisconsin, with a zip code of 53719.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1984
Total area 8,634 SF
Lot 1.97 ac (85,813 SF)
Zoning code SE
APN 0708-252-0214-9
UPID US92-0608295
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
  • Lift Consulting Consultant Employment Consultant
  • CenterX Tech Support Center IT Consulting Firm
  • Pizza Hut of Southern Wisconsin, Inc. Restaurant
  • Authentic Therapy Llc Alternative Medicine Practice Spa & Massage Center
  • Focal Point Financial Strategies Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.39M
Comparable Approach Comparable
$2.89M
Blend (final) Blend
$2.48M
Owner & transaction history
Yellowstone Holdings LLC · 8 yrs held
Yellowstone Holdings LLC
since 2018
3 recorded transactions
2019
Price N/A
2018
$2.3M
2006
$3.4M
Zoning & alternative use
SE · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

iny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixed-Use DR1: Downtown Residential 1 DR2: Downtown Residential 2 Employment Districts TE: Traditional Employment SE: Suburban Employment SEC: Suburban Employment Center EC: Employment Campus IL: Industrial - Limited IG: Industrial - General Special Dist…

Zone name Suburban Employment District
General category INDUSTRIAL
Zone area 1,653.41 ac
Top alternative use upside
Retail stores $3.0M +51.8%
Restaurant $2.9M +44.2%
Commercial (general) $2.5M +27.2%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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