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    5459 Fen Oak Dr Madison, WI 53718-3902

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    Property profile & analytics

    5459 Fen Oak Dr Madison, WI 53718-3902


    • Office buildings
    • 31,801 SF
    • 3.45 lot acres
    Off-Market
    Last Sale Nov 23, 2021
    $3,877,000
    Property ID
    US92-0835092
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $6,085,000
    Show details
    Cap Rate Potential
    8.7%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Marquip Ward United / Company

    Property Details for 5459 Fen Oak Dr

    Year built
    2006
    Lot size
    3.45 lot acres
    Property size
    31,801 SF
    Zone code
    PD
    Property type
    Office buildings
    APN
    0710-221-0409-7
    APU
    71022104097

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,545,000
      ML approach
      $6,435,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $7,350,000
      Current use
      COMMERCIAL (GENERAL)
      $9,350,000
      Change: +27% Conversion: Easy
      AUTO REPAIR, GARAGE
      $8,965,000
      Change: +22% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $6,105,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.2868
    Latitude
    43.057
    CBSA code
    31540
    CBSA name
    MADISON, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $76,720
    $495,000
    $3,381,000
    $3,876,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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