4906 Femrite Dr, Madison, WI 53716-4130
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.
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FCM CORPORATION Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IL · Madison, WIMadison. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.