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    744 Heartland Trl, Madison, WI 53717

    37,000 SF 7.17 ac lot Built 1988
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US92-1288191
    Property summary
    AI-generated overview

    This exceptional Class A/B office building, situated on 7.2 acres in Madison, Wisconsin's Old Sauk Trails Office Park, offers 82,017 square feet of space ideal for owner-occupancy or investment. Built in 1988 and renovated in 2014, the two-story building features a single tenancy configuration, providing ample space for a large organization or the potential for multiple tenants. The property boasts 322 parking spaces, ensuring convenient access for employees and clients. Its prime location offers easy access to Highway 12/18 (Beltline), and is conveniently close to a variety of amenities including hotels, restaurants, shopping centers, and fitness facilities. The building is zoned for Suburban Employment Center use and includes elevators for convenient multi-floor access. This property presents a rare opportunity to acquire a substantial and well-maintained office building in a highly desirable Madison location. The building's size, ample parking, and convenient location make it an attractive option for businesses seeking to establish or expand their presence in the Madison market. The property's zoning allows for flexibility in its use, catering to a variety of business needs. With its recent renovations, the building is ready for immediate occupancy, offering a move-in ready solution for businesses seeking a modern and functional workspace. The 7.2-acre lot provides ample room for expansion or future development.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1988
    Total area 37,000 SF
    Lot 7.17 ac (312,325 SF)
    Zoning code SEC
    APN 0708-153-0101-8
    UPID US92-1288191
    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
    • Sarah McDaniels, PhD Physician
    • Paige Mission, PhD Physician
    • Nancy A. Viscovich, PhD Physician
    • Diana Van De Kreeke, PhD Physician
    • Lindsay Riesch, PhD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.44M
    Blend (final) Blend
    $5.47M
    Owner & transaction history
    Dean Health Plan INC · 12 yrs held
    Dean Health Plan INC
    since 2014
    1 recorded transaction
    2014
    $5.0M
    Zoning & alternative use
    SEC · Madison, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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