You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $17,155,000
Office buildings

821 Washington Ave Madison, WI 53703-2935

148,747 SF 0.83 ac lot Built 2017
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-2703880
Property summary
AI-generated overview

Located in the heart of downtown Madison, Wisconsin, at 821 E. Washington Ave, this exceptional office space offers a variety of configurations within the state-of-the-art Spark Building. Developed and owned by American Family Insurance, this prestigious address boasts a modern design and high-end finishes. Two spaces are currently available, ranging from a minimum of 3,110 square feet to a maximum contiguous space of 5,068 square feet. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements. This is an unparalleled opportunity to join a vibrant community of established businesses, including American Family Insurance, Dreambank, ESPN Madison, and StartingBlock. The property's prime location provides easy access to major transportation routes and a wealth of amenities. The building itself offers exceptional tenant amenities, further enhancing the work environment. The available spaces are ideal for businesses seeking a sophisticated and functional workspace in a dynamic urban setting. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this remarkable Madison location. The property is classified as Executive Office, Traditional Office, and Creative Office space, catering to a diverse range of business needs.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 2017
Total area 148,747 SF
Lot 0.83 ac (36,348 SF)
Zoning code TE WP-24
APN 0709-134-1016-7
UPID US92-2703880
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
  • Curate (Bike/Boat/Book/etc) Store Corporate Office
  • Somni (Bike/Boat/Book/etc) Store Corporate Office
  • Highview Solutions, Inc. (Bike/Boat/Book/etc) Store Corporate Office
  • D Webster Scher Agency, Inc. American Family Insurance Insurance Agency
  • American Family Insurance - DreamBank Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$20.05M
Blend (final) Blend
$17.16M
Owner & transaction history
American Family Finl Svcs INC · 9 yrs held
American Family Finl Svcs INC
since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A
Zoning & alternative use
TE WP-24 · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 821 Washington Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message