Property profile

5459 Fen Oak Dr Madison, WI 53718

OFF-MARKET
Office buildings
Property ID
US92-0835092
31,801 SF 3.45 ac lot Built 2006
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A executive office building, totaling 31,197 square feet, offers 26,297 square feet of immediately available space. Situated within the World Dairy Center office park and backing a tranquil wooded area, the property boasts abundant natural light and serene views. The building features a large break room and patio, perfect for employee relaxation and collaboration. A significant advantage is the presence of MarquipWardUnited as a co-tenant. Ample parking is provided at a ratio of 3.27 spaces per 1,000 square feet. The convenient location offers easy access to Highway 51 and Beltline Highways 12/18. The lease rate is $15.00 per square foot (NNN), with an estimated NNN expense of $4.75 per square foot. The 3.45-acre lot ensures ample space and privacy. This is a rare opportunity to secure high-quality office space in a desirable location. The building's modern design and tranquil setting create an ideal work environment. Don't miss this chance to establish your business in this premier office park.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 2006
Total area 31,801 SF
Lot 3.45 ac (150,238 SF)
Zoning code PD
APN 0710-221-0409-7
UPID US92-0835092

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
  • Company

Location

5459 Fen Oak Dr Madison, WI 53718-3902
Madison metro Census 3100 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.09M

Owner & transaction history

since 2021
Last sale
$3.9M
2 recorded transactions
2021
$3.9M
2012
Price N/A

Zoning & alternative use

PD · Madison, WI
Zoning description

Planned Development zoning is site-specific zoning, where specific use and development requirements are written for each individual PD zone. Conventional zoning districts are districts whose rules are wholly within the C…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Commercial (general) $9.4M +27.2%
Auto repair, garage $9.0M +21.9%

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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