You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

4906 Femrite Dr Madison, WI 53716-4130

OFF-MARKET Showrooms Google Maps
3,840 SF 0.87 ac lot Built 2015
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.29M
Range $1.16M – $1.41M (±10%)
Property ID US92-3473659

Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased, 9,084 square foot office and warehouse building located at 4906 Femrite Drive in Madison, Wisconsin, zip code 53716. The property, a traditional office building, boasts a prime location near Highway 51 and the Beltline, offering convenient access to major transportation routes. Originally constructed in 1983, the building underwent a complete renovation and expansion in 2015. This included the demolition of the majority of the original structure and the construction of new office space, along with the addition of two warehouse bays. The current configuration provides a blend of modern office space and functional warehouse facilities. Currently operating at 100% occupancy, the building offers a stable income stream with lease expirations strategically spread between 2025 and 2027. This stabilized investment property presents a rare opportunity to acquire a high-quality, well-located commercial asset in a thriving Madison market. The asking price for this exceptional property is $979,000. Dane County location provides access to a strong workforce and robust local economy. This is a turnkey investment ready for immediate income generation. The property's blend of office and warehouse space caters to a diverse range of potential tenants, ensuring long-term value and stability.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2015
Total area 3,840 SF
Lot 0.87 ac (37,943 SF)
Zoning code IL
APN 0710-223-0524-9
UPID US92-3473659

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$815k
Comparable Approach Comparable
$784k
Blend (final) Blend
$1.29M

Owner & transaction history

since 2025
Last sale
$979,000
7 recorded transactions
2025
$979,000
2019
Price N/A
2018
$175,000
2015
$395,000
2011
Price N/A
2011
Price N/A
2005
$296,300

Zoning & alternative use

IL · Madison, WI
Zoning description

This district provides for a mix of light manufacturing uses and offices and warehousing and flex space and limited storage and warehousing and limited retail and service uses that primarily serve the industrial uses des…

General category INDUSTRIAL
Top alternative use upside
Retail stores $1.4M +19.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4906 Femrite Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message