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Property profile & analytics

4702 Verona Rd Madison, WI 53711

  • Banks
  • 3,844 SF
  • 2.99 lot acres
Value Estimation
$710,000
Last Sale
Apr 08, 2022
$650,000
Location Intelligence
Property ID
US92-1046189
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.

Current Use by Public Records

  • BMO Harris Bank Mortgage / Mortgage Lender
  • BMO Harris Bank / Mortgage Lender / Financial Planner
  • ATM (BMO Harris Bank) / Atm

Property Details for 4702 Verona Rd

Year built
2003
Lot size
2.99 lot acres
Property size
3,844 SF
Zone code
PD
Property type
Banks
APN
0709-323-0224-6
APU
70932302246

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $710,000
  • CAP approach

    CAP return
    Estimation
    6%
    $660,000
    6.5%
    $605,000
    7%
    $700,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $730,000
    Geo Method
    $705,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $675,000
    Retail
    $565,000
    Mixed-Use
    $770,000
    Hospitality
    $705,000
    Educational
    $770,000
    Residential Income
    $760,000
    Energy
    $760,000
    Income-Based Land
    $735,000
    Food Service
    $655,000

Location Insight

  • Map
  • Local Demand
City
Madison
County
Dane
State
Wisconsin
Longitude
-89.4571
Latitude
43.0345
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
$24,901
$375,000
$275,000
$650,000
-
$0.00
$0.00
$0.00
More about this property
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