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Property profile & analytics
OFF-MARKET Estimated value $2,425,000
Commercial real estate

6501 Monona Dr Monona, WI 53716-3950

0.6 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US92-0331558
Property summary
AI-generated overview

This exceptional Class A, free-standing retail and office building, totaling 4,356 square feet, is situated on a one-acre lot in the desirable Monona submarket of Madison, Wisconsin. The property boasts a prime location at 6501 Monona Drive, 53716, benefiting from its adjacency to a full-access Beltline interchange and a highly visible corner location at the signalized intersection of Broadway and Monona Drive. Currently, 1,000 square feet of space is available for lease, offering a fantastic opportunity for a variety of businesses. The building features two stories and is zoned as a CDD Community Design District. The property's strategic location provides excellent access and visibility, with River Place (access road) offering full access along Broadway and convenient right-in/right-out access along Monona Drive. This is an ideal opportunity to establish a presence in a thriving area, alongside an existing tenant, Chipotle. The building's high-traffic location and ample space make it an attractive investment for businesses seeking a prominent position in the Madison market. Dane County location ensures easy access to a large and diverse customer base.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.6 ac (26,180 SF)
APN 0710-291-0210-2
UPID US92-0331558
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.54M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.43M
Owner & transaction history
Asshu LLC · 2 yrs held
Asshu LLC
since 2023
Last sale
$2.4M
1 recorded transaction
2023
$2.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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