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Property profile & analytics
FOR LEASE
Office buildings

7818 Big Sky Dr Madison, WI 53719

10,560 SF 1.55 ac lot Built 1986
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-0616872
Property summary
AI-generated overview

This exceptional office space, located at 7818 Big Sky Drive in Madison, Wisconsin, 53719, offers two available suites perfect for businesses seeking a convenient and well-equipped workspace. The suites range in size from 277 square feet to 455 square feet, providing flexibility for various business needs. This traditional office space is situated in a prime location, just minutes from the West Towne Mall and Research Park, offering unparalleled convenience and accessibility. The property boasts excellent connectivity to major transportation arteries, including easy access to the Beltline Highway and the Mineral Point Road corridor. Building amenities are designed for optimal productivity and comfort, featuring a spacious conference room ideal for meetings and presentations, a shared break area for employee relaxation, a convenient elevator for multi-floor access, and common area restrooms. The building also offers the added benefit of both front and back entrances, along with ample parking on both sides of the building and the added security of underground parking. This is a fantastic opportunity to establish your business in a thriving area with exceptional access and amenities. Contact us today to schedule a viewing and secure your ideal office space.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1986
Total area 10,560 SF
Lot 1.55 ac (67,562 SF)
Zoning code RMX
APN 0708-262-0703-1
UPID US92-0616872
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
  • Lionshare Group, LLC Construction Company General Contractor
  • Spirit Seed Wellness Gym & Fitness Center Alternative Medicine Practice
  • Farmers Insurance - David Gervasi Insurance Agency
  • Frank Insurance Group LLC Insurance Agency
  • Madison Behavioral Psychology Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.46M
CAP Approach CAP
$2.93M
Comparable Approach Comparable
$3.27M
Blend (final) Blend
$2.84M
Owner & transaction history
Becks Enterprises Of Dane County Ll · 5 yrs held
Becks Enterprises Of Dane County Ll
since 2021
Last sale
$2.0M
3 recorded transactions
2021
$2.0M
2021
Price N/A
2007
$1.6M
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
Top alternative use upside
Retail stores $3.7M +51.8%
Restaurant $3.5M +44.2%
Commercial (general) $3.1M +27.2%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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