645 Sandpiper Trl Cottage Grove, WI 53527
Exceptional owner-user or investment opportunity to acquire a brand-new, 19, 211 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost at $4, 900, 000, this asset accommodates retail, office, showroom, and warehouse needs. The 14, 737 SF main building delivers a pristine canvas for an owner-occupant or value-add investor targeting the expanding Madison hub, arriving mostly vacant. Adding incredible value is a separate, fully built-out 4, 474 SF detached building that is 100% leased, delivering immediate passive income to offset carrying costs from day one. Adjusted financials feature a strong 9.15% cap rate ($448, 163 NOI), factoring in the recent rent adjustment, with massive upside via absorbing the vacant primary space at $19.50/SF NNN. Bypassing supply chain delays, this high-efficiency property is built for long-term appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.