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    OFF-MARKET Estimated value $970,000
    Showrooms

    4906 Femrite Dr, Madison, WI 53716-4130

    3,840 SF 0.87 ac lot Built 2015
    Entity Owned 1-yr Hold ~ Est. High Equity
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • FCM CORPORATION 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
    $970k
    Owner & transaction history
    C & L Properties LLC · 1 yrs held
    C & L Properties LLC
    since 2025
    Last sale
    $979,000
    7 recorded transactions
    2025
    $979,000
    2019
    2018
    $175,000
    2015
    $395,000
    2011
    2011
    2005
    $296,300
    Zoning & alternative use
    IL · Madison, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.4M +19.4%
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