Property profile

701 North High Point Rd Madison, WI 53717

FOR LEASE
Strip malls
Property ID
US92-3461076
8,331 SF 0.45 ac lot Built 2001
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Sauk Point Square, located at 701 N High Point Rd in Madison, WI 53717, offers prime retail space in the WI - Madison West submarket. This single-story, 5,554 square foot strip center, built in 2001, sits on a 0.44-acre lot and is zoned PD. The property currently has 3,630 square feet of vacant space available, divisible into units ranging from a minimum of 1,210 square feet to a maximum contiguous space of 2,420 square feet. Ideal for a variety of retail uses, this well-located center benefits from high visibility and convenient access. The building features no elevators. Dane County's thriving economy and strong demographics make this an excellent opportunity for businesses seeking a strategic location in a high-traffic area. Serious inquiries are encouraged to explore the possibilities of establishing or expanding your business within this vibrant retail center. The property is for lease.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Total area 8,331 SF
Lot 0.45 ac (19,410 SF)
Zoning code PD
APN 0708-143-0601-9
UPID US92-3461076

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Tutoring Service
  • Real Estate Agency

Location

701 North High Point Rd Madison, WI 53717
Madison metro Census 205 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.04M

Owner & transaction history

since 2022
3 recorded transactions
2022
$5.0M
2016
$4.0M
1969
Price N/A

Zoning & alternative use

PD · Madison, WI
Zoning description

Planned Development zoning is site-specific zoning, where specific use and development requirements are written for each individual PD zone. Conventional zoning districts are districts whose rules are wholly within the C…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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