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Property profile & analytics
FOR SALE
Office buildings

5133 W Terrace Dr Madison, WI 53718

81,593 SF 7.68 ac lot Built 1998
Entity Owned 7-yr Hold Free & Clear
Property ID
US92-0635081
Property summary
AI-generated overview

This impressive Class A office building, totaling 77,817 square feet across four stories, is situated on a 7.68-acre lot in Madison, Wisconsin's American Center business park. Built in 1998 and renovated in 2018, the property boasts excellent visibility and convenient access to Interstates 90/94/39 and US Highway 151. Currently offering 18,080 square feet of vacant space, this multi-tenant building provides a park-like setting with 298 free parking spaces and expansive views. Its location offers easy access to numerous restaurants, shopping, and entertainment options, and is within 10 minutes of Sun Prairie, East Towne Mall, and the Prairie Lakes development, and less than 20 minutes from downtown Madison and the Dane County Regional Airport. The building is suitable for executive, creative, and traditional office uses. This is an exceptional opportunity for businesses seeking a high-quality, well-located office space in a thriving area. The property is located at 5133 W Terrace Dr, Madison, WI 53718, in Dane County.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1998
Total area 81,593 SF
Lot 7.68 ac (334,410 SF)
Zoning code SEC
APN 0810-224-0601-2
UPID US92-0635081
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
  • Laker Software (Bike/Boat/Book/etc) Store Corporate Office
  • Konica Minolta Business Solutions Tech Support Center (Bike/Boat/Book/etc) Store
  • ATM Johnson Financial Group Bank Or Atm Atm
  • FedEx Drop Box Postal Service Courier Service
  • Aerotek Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.74M
Owner & transaction history
5133 West Terrace LLC · 7 yrs held
5133 West Terrace LLC
since 2019
1 recorded transaction
2019
$9.3M
Zoning & alternative use
SEC · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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