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Property profile & analytics
OFF-MARKET Estimated value $1,120,000
Retail space

4518 Verona Rd Madison, WI 53711-2735

8,614 SF 1.35 ac lot Built 2000
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US92-1286813
Property summary
AI-generated overview

This exceptional 2,579 square foot retail space is situated in a multi-tenant shopping center on Madison's vibrant West side. The center boasts prominent anchors, Clean Laundry and Subway, ensuring high foot traffic and visibility. Its strategic location provides excellent access and exposure from Highway 12/18 (101,673 AADT) and Verona Road (57,628 AADT), placing your business in the heart of a bustling commercial area. The property is conveniently adjacent to Home Depot and Planet Fitness, further enhancing its appeal and attracting a diverse customer base. The space itself offers a complete restroom with a shower, ample dedicated parking for customers and employees, and the opportunity for both pylon and building signage to maximize your brand's presence. The lease rate is $16.00 per square foot (NNN), with an estimated NNN expense of $5.00 per square foot. This is a turnkey opportunity to establish your business in a high-demand location with exceptional visibility and convenient amenities. Don't miss this chance to capitalize on the significant traffic counts and strong tenant mix. The entire 2,579 square feet is available for immediate occupancy.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Total area 8,614 SF
Lot 1.35 ac (58,893 SF)
Zoning code CC
APN 0709-323-0221-2
UPID US92-1286813
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
  • Boost Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$1.12M
Owner & transaction history
Ruby Bird Real Estate LLC · 11 yrs held
Ruby Bird Real Estate LLC
since 2015
1 recorded transaction
2015
$970,000
Zoning & alternative use
CC · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts…

Zone name Commercial Center District
General category MIXED_USE
Zone area 1,295.18 ac
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