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    Property profile & analytics

    7401 Mineral Point Rd Madison, WI 53593

    • Retail properties
    • 6,090 SF
    • 7.53 lot acres
    For Lease
    View listing
    Value Estimation
    $12,150,000
    Last Sale
    Feb 15, 2022
    $11,304,400
    Location Intelligence
    Property ID
    US92-0995829
    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.

    Current Use by Public Records

    • Aerial Beauty / Beauty Salon
    • Joseph Petrozzo / Physician Assistant
    • Exela Hearing Services / Medical Clinic / Audiologist
    • Beata M. Nowak, PharmD / Pharmacy
    • higi / Health Consultant

    Property Details for 7401 Mineral Point Rd

    Year built
    1989
    Lot size
    7.53 lot acres
    Property size
    6,090 SF
    Zone code
    RMX
    Property type
    Retail properties
    APN
    0708-261-0092-0
    APU
    70826100920

    Description

    This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Madison, Wisconsin. Situated at 7401 Mineral Point Road, this single-tenant lot boasts unparalleled visibility and accessibility. The property enjoys a prime location directly in front of a newly constructed Crunch Fitness and Spare Time Entertainment center, ensuring high foot traffic and strong brand recognition. Furthermore, its proximity to West Towne Mall, Madison's leading regional shopping center, and over 2 million square feet of additional retail space guarantees significant consumer traffic. The lot is ideal for a variety of commercial developments, benefiting from its excellent frontage on Mineral Point Road. The property is offered as a ground lease, with tenant improvement allowances negotiable as part of the lease rate. Detailed lease terms are available upon request. This is an exceptional chance to secure a highly visible and strategically located commercial property in a thriving Madison retail corridor within Dane County, Wisconsin, zip code 53717. The property's location offers easy access to major transportation routes and a dense population base, making it an attractive proposition for businesses seeking high visibility and strong consumer engagement.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $12,340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $11,305,000
      6.5%
      $11,080,000
      7%
      $11,320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $11,950,000
      Geo Method
      $12,300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,975,000
      Retail
      $10,185,000
      Mixed-Use
      $12,855,000
      Hospitality
      $11,215,000
      Educational
      $9,575,000
      Residential Income
      $10,170,000
      Energy
      $10,345,000
      Income-Based Land
      $9,685,000
      Food Service
      $10,845,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5105
    Latitude
    43.0598
    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
    $93,372
    $2,950,000
    $4,550,000
    $7,500,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      Office Properties & Spaces • 190,232 SF
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    • Value Estimation by Request
      50,876 SF

      7836 Mineral Point Rd

      Lifestyle centers • 50,876 SF
      7836 Mineral Point Rd, Madison, WI 53717
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    • Value Estimation by Request
      15,825 SF

      7001-7021 Tree Ln

      Retail properties • 15,825 SF
      7001-7021 Tree Ln, Madison, WI 53717
      View Details

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    Similar Nearby for Lease

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    7401 Mineral Point Rd
    Madison, WI 53593
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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