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    Property profile & analytics
    OFF-MARKET Estimated value $670,000
    Banks

    4702 Verona Rd, Madison, WI 53711-4773

    3,844 SF 2.99 ac lot Built 2003
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US92-1046189
    Property summary
    AI-generated overview

    This exceptional single-tenant office building, totaling 5,306 square feet, is situated on a 2.99-acre lot at 4702 Verona Road in Madison, Dane County. Built in 2015, the Class B property features a fully built-out interior, previously used as a bank, offering immediate occupancy for a new tenant. The space is divisible to a minimum of 3,260 contiguous square feet, making it ideal for a variety of businesses. The building boasts excellent visibility, with over 80,000 vehicles passing daily on Verona Road and the Beltline Highway. This high-traffic location offers unparalleled exposure and accessibility. The property's convenient location places it in close proximity to major retailers such as Home Depot, U-Haul, Planet Fitness, and True Value, ensuring high foot traffic and brand recognition. The single-story building includes 14 parking spaces, providing ample parking for employees and clients. The property is zoned G2 and features no elevators. This is a rare opportunity to acquire a well-maintained, highly visible office space in a thriving Madison commercial corridor. The entire 5,306 square feet is currently vacant and ready for immediate occupancy.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 2003
    Total area 3,844 SF
    Lot 2.99 ac (130,114 SF)
    Zoning code PD
    APN 0709-323-0224-6
    UPID US92-1046189
    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
    • BMO Harris Bank Mortgage Loan Service Bank
    • BMO Harris Bank Financial Advisor
    • ATM (BMO Harris Bank) Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $775k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $670k
    Owner & transaction history
    2018dt South Beloit LLC · 4 yrs held
    2018dt South Beloit LLC
    since 2022
    Last sale
    $650,000
    2 recorded transactions
    2022
    $650,000
    2011
    Zoning & alternative use
    PD · Madison, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $930,000 +120.4%
    Commercial (general) $705,000 +66.5%
    Auto repair, garage $610,000 +44.1%
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