Property profile

5821 Femrite Dr Madison, WI 53718

OFF-MARKET
Other warehouses
Property ID
US92-0744666
44,000 SF 4.1 ac lot Built 1975
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property includes an unheated pole barn offering up to approximately 14,000 square feet of storage and light industrial space. It is located on the east side of Madison and is configured as open pole-barn-style space suitable for storage and light industrial uses.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Total area 44,000 SF
Lot 4.1 ac (178,640 SF)
Zoning code IL
APN 0710-233-0202-0
UPID US92-0744666

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
  • General Contractor Construction Company
  • General Contractor Construction Company
  • Cafe & Coffee Shop Specialty Food Shop
  • Business To Business Service Business Development Service
  • Industrial Manufacturer Production Facility

Location

5821 Femrite Dr Madison, WI 53718-6836
Madison metro Census 3100 MADISON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.50M

Owner & transaction history

since 2024
Last sale
$2.5M
1 recorded transaction
2024
$2.5M

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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