Property profile

4916 Broadway Madison, WI 53716

OFF-MARKET
Investment properties
Property ID
US92-3361773
42,732 SF 4.42 ac lot Built 1966
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story executive office building, totaling 7,710 square feet, presents a unique opportunity in Madison, Wisconsin. Ideally situated on the southeast side, it boasts high visibility along Highway 12/18 (86,000+ vehicles per day), offering excellent access to I-90/94 and Stoughton Road, connecting tenants to both the east and west sides of the city. Currently, 4,110 square feet of finished office space is available for lease, configured to accommodate multiple suites or combined for larger requirements. An additional 3,600 square feet of shell space is readily available for expansion, allowing for customized build-outs to meet specific tenant needs. The building features a welcoming reception area and lobby with a stairway leading to the open second floor. A shared cafe with an outdoor courtyard provides a pleasant amenity for tenants and staff. Prominent signage opportunities are also available. Utilities include electricity and gas; common area maintenance is included. Water and sewer are not included. Furthermore, carrier-neutral data center space is available within the building, catering to businesses with specific technological requirements. The property is zoned IL and located in Dane County.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1966
Total area 42,732 SF
Lot 4.42 ac (192,709 SF)
Zoning code IL
APN 0710-223-0319-4
UPID US92-3361773

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
  • Big Box & Wholesale Store Building Supply
  • Corporate Office
  • Corporate Office
  • Home Health Care Service
  • Scientific Equipment Supplier

Location

4916 Broadway Madison, WI 53716-4139
Madison metro Census 3100 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$9.07M
Comparable Approach Comparable
$10.32M
Blend (final) Blend
$8.38M

Owner & transaction history

since 2021
Last sale
$10,000
7 recorded transactions
2023
Price N/A
2021
Price N/A
2021
$10,000
2020
Price N/A
2019
Price N/A
2017
Price N/A
2016
Price N/A

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

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
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