6801 Odana Rd Madison, WI 53719-1015
Property Lookup
Property profile & analytics
6801 Odana Rd Madison, WI 53719-1015
- Strip malls
- 10,000 SF
- 0.95 lot acres
Property ID
US92-0522472
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Olson Vacuum Cleaner Sales & Service Inc / (Bike/Boat/Book/etc) Store
Property Details for 6801 Odana Rd
- Year built
- 1983
- Lot size
- 0.95 lot acres
- Property size
- 10,000 SF
- Zone code
- CC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 0708-252-0420-2
- APU
- 70825204202
Description
Westland Plaza, a 9,539 square foot, single-story shopping center in Madison, Wisconsin, presents a compelling investment opportunity. This Class B, multi-tenant property boasts 100% occupancy and a strong 7.50% capitalization rate, generating a projected Net Operating Income (NOI) of $144,755 in 2025. Located at 6801 Odana Rd, 53719, on a 0.95-acre lot, the center benefits from excellent street visibility and two convenient access points from Odana Road. Built in 1983, the property comprises four units, each currently leased. The center is strategically positioned as an outparcel to a major retail center anchored by well-known national brands. Below-market rents offer significant upside potential. One tenant operates under a month-to-month lease, providing flexibility for future growth. The property's zoning is commercial, and its location within Madison's West Towne trade area ensures high traffic and visibility. The asking price is $1,930,000, translating to $202.33 per square foot. This stabilized investment offers a rare combination of strong cash flow, excellent location, and potential for future appreciation. The property's long-standing tenancies and prime location make it an attractive addition to any portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,142,000
Market price range: $1.14M - $2.67M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.4991
- Latitude
- 43.0563
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$16,065
$550,000
$265,000
$815,000
-
$0.00
$0.00
$0.00
