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Property profile & analytics
OFF-MARKET Estimated value $8,375,000
Investment properties

4916 Broadway Madison, WI 53716-4139

42,732 SF 4.42 ac lot Built 1966
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US92-3361773
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Facility Gateway Corporation Big Box & Wholesale Store Building Supply
  • Midwest Home Care Corporate Office
  • Understory, Inc. Corporate Office
  • Midwest Family Care Home Health Care Service
  • PhaseTech Spectroscopy, Inc. Scientific Equipment Supplier
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
Wi Development Partners LLC · 5 yrs held
Wi Development Partners LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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