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Property profile & analytics
OFF-MARKET Estimated value $12,340,000
Retail properties & Spaces

7401 Mineral Pt Rd Madison, WI 53717-1703

6,090 SF 7.53 ac lot Built 1989
Entity Owned 4-yr Hold Free & Clear
Property ID
US92-0995829
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1989
Total area 6,090 SF
Lot 7.53 ac (328,094 SF)
Zoning code RMX
APN 0708-261-0092-0
UPID US92-0995829
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
Current use
Occupant on record · Public records
  • Aerial Beauty Hair Salon Nail Salon
  • Joseph Petrozzo Physician
  • Exela Hearing Services Medical Clinic
  • Beata M. Nowak, PharmD Pharmacy
  • higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.34M
Owner & transaction history
Mineral West LLC · 4 yrs held
Mineral West LLC
since 2022
Last sale
$11.3M
3 recorded transactions
2022
Price N/A
2016
$11.3M
2014
$965,000
Zoning & alternative use
RMX · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ntial - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center CC-T: Commercial Corridor - Transitional CC: Commercial Center RMX: Regional Mixed-Use THV: Tiny House Village Downtown and Urban Districts DC: Downtown Core UOR: Urban Office Residential UMX: Urban Mixe…

Zone name Regional Mixed Use District
General category MIXED_USE
Zone area 531.23 ac
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