6417 Normandy Ln, Madison, WI 53719-1142
This exceptional investment opportunity presents a fully leased, 21,714-square-foot Class B professional office building located at 6417 Normandy Ln, Madison, WI 53705. The two-story building, constructed in 1994, boasts a desirable location with easy access to the West Beltline and downtown Madison. Currently generating a strong NOI of $151,255 and an 8.95% cap rate, this property offers a compelling return on investment. The building features ample parking, elevator service, handicap accessibility, and is situated on a 1.17-acre lot. Each floor offers abundant natural light thanks to numerous windows, and amenities include break areas/kitchenettes and restrooms. The property benefits from a new roof installed in 2014 and is situated within an Opportunity Zone, presenting significant tax advantages. The asking price is $1,690,000, translating to $87.50 per square foot. This multi-tenant property is currently 100% occupied, providing immediate cash flow and a stable investment. The building's well-maintained condition and prime location make it an attractive prospect for discerning investors seeking a strong, income-producing asset in a thriving market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SE · Madison, WIMadison. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.