You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office buildings

5902 Raymond Rd Madison, WI 53711-4100

2,720 SF 0.51 ac lot Built 1959
Entity Owned Absentee Owner Free & Clear
Property ID
US92-1281087
Property summary
AI-generated overview

This exceptional, fully remodeled single-story office building, situated on a 5.1-acre lot in Dane County, offers 5,230 square feet of versatile space. Built in 1959 and extensively renovated in 2024, the property boasts a modern interior while maintaining its character. The building is zoned NMX and features 18 parking spaces, ensuring ample convenience for staff and clients. Two spaces are currently available, with a minimum divisible space of 2,494 square feet and a maximum contiguous space of 5,230 square feet. The layout includes 2,736 square feet on the first floor and 2,494 square feet in the basement, providing flexibility for various configurations. The lease rate is $10.32 per square foot, triple net (NNN). Its high visibility and convenient access make it an ideal location for a variety of businesses. The property's strong demographics make it particularly attractive to potential tenants such as dental offices, mental health groups, non-profit organizations, physical therapy practices, medical offices, and veterinary clinics. This stand-alone building presents a unique opportunity for businesses seeking a modern, well-maintained space in a desirable location. The property's size and layout offer significant potential for growth and expansion.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1959
Total area 2,720 SF
Lot 0.51 ac (22,034 SF)
Zoning code NMX
APN 0708-364-0916-4
UPID US92-1281087
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
  • Dr. N Mannarino DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gladstone Investment LLC
Gladstone Investment LLC
since 2025
5 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2022
$315,000
2013
Price N/A
Zoning & alternative use
NMX · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

TR-U1: Traditional Residential - Urban 1 TR-U2: Traditional Residential - Urban 2 TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center CC-T: Commercial Corridor - Transitional CC: Commercial Ce…

Zone name Neighborhood Mixed Use District
General category MIXED_USE
Zone area 157.81 ac
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5902 Raymond Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message