Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8383 Greenway Blvd Middleton, WI 53562

    • Commercial real estate
    • 3.23 lot acres
    For Lease
    View listing
    $0.24 SF/Yr
    Value Estimations
    $640,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-1087680
    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

    • Commercial real estate

    Property Details for 8383 Greenway Blvd

    Lot size
    3.23 lot acres
    Property type
    Commercial real estate
    APN
    0708-151-0425-2
    APU
    70815104252

    Description

    This Class A office building, located at 8383 Greenway Blvd Suite 600, Middleton, WI 53562, offers a diverse range of workspace solutions. The 11,471 square foot building, renovated in 2019, features 350 suites, with spaces available from a minimum of 100 square feet up to a maximum contiguous space of 5,000 square feet. The property provides multiple tenancy options, catering to individuals and large companies alike. Choose from private, fully furnished executive offices, customizable to your needs, or collaborative coworking spaces. Meeting rooms are also available for short-term or long-term use, equipped with Wi-Fi and presentation capabilities. For businesses seeking a prestigious address and administrative support, virtual office options include mail handling and virtual assistant services. The building includes elevators and is conveniently located in Dane County. Whether you need a single desk or a large office space, this location offers flexible and scalable solutions to meet your business requirements. Options range from serviced offices to custom spaces, including disaster recovery options and day offices. A benefits program with exclusive discounts and procurement support is also available for office space tenants.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $640,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Middleton
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5263
    Latitude
    43.0887
    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
    $146,422
    $1,587,900
    $6,988,100
    $8,576,000
    -
    $0.00
    $0.00
    $9,641,400

    Comparable in this City

    • Value Estimation
      $450,000
      1.06 Acres

      7181 Belle Fontaine Blvd

      COMMERCIAL (GENERAL) • 1.06 Acres
      7181 Belle Fontaine Blvd, Middleton, WI 53562-1008
      View Details
    • Value Estimation
      $510,000
      1.13 Acres

      7165 Belle Fontaine Blvd

      COMMERCIAL (GENERAL) • 1.13 Acres
      7165 Belle Fontaine Blvd, Middleton, WI 53562-1083
      View Details
    • Value Estimation
      $290,000
      0.04 Acres

      2564 Br St, Unit 17

      COMMERCIAL CONDOMINUIM • 0.04 Acres
      2564 Br St, Middleton, WI 53562-2858
      View Details
    • Value Estimation
      $455,000
      0.95 Acres

      2114 Allen Blvd

      COMMERCIAL (GENERAL) • 0.95 Acres
      2114 Allen Blvd, Middleton, WI 53562-2949
      View Details
    • Value Estimation
      $370,000
      1.86 Acres

      2405 Allen Blvd

      COMMERCIAL (GENERAL) • 1.86 Acres
      2405 Allen Blvd, Middleton, WI 53562-2916
      View Details
    • Value Estimation
      $525,000
      2.90 Acres

      2030 Allen Blvd

      COMMERCIAL (GENERAL) • 2.90 Acres
      2030 Allen Blvd, Middleton, WI 53562-3482
      View Details

    Similar Nearby for Sale

    • $375,000
      0.94 Acres

      Middleton Commercial Land - $375K

      0.94-acre lot, PUD zoning, ideal for civic uses.
      6740 Frank Lloyd Wright Ave, Middleton, WI 53562
      View Details
    • $3,662,176
      14.01 Acres

      Prime Middleton Commercial Land

      14 Acres, Highway 14 Frontage
      7154 Us Highway 14, Middleton, WI 53562
      View Details
    • $1,075,000
      1.00 Acres

      Middleton Infill Development Site

      Prime 0.995-acre commercial land, Middleton, WI.
      6242 University Ave, Middleton, WI 53562
      View Details
    • $925,000
      1.00 Acre

      Middleton Commercial Land - $925K

      Prime Middleton, WI industrial/commercial land. Excellent development opportunity.
      3130 Deming Way, Middleton, WI 53562
      View Details
    • $850,000
      6,191 SF

      Middleton Commercial Condo Portfolio

      Six Units, High ROI Potential
      6629 University Ave, Middleton, WI 53562
      View Details
    • $850,000
      6,191 SF

      Middleton Retail Portfolio: 5 Units

      High-yield retail investment; 6,191 SF.
      6629 University Ave, Middleton, WI 53562
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      7,599 SF

      University Green Office/Warehouse Space

      Dane County Office & Warehouse Suites Available
      8505 University Grn, Middleton, WI 53562
      View Details
    • $19 SF/Yr
      4,413 SF

      Middleton Retail Space: University Ave

      High-traffic retail space, 3 units available.
      6771 University Ave, Middleton, WI 53562
      View Details
    • $1.61 SF/Yr

      Trailer Parking Stalls For Rent

      Up to 68 trailer parking stalls available for rent.
      2241 Eagle Dr, Middleton, WI 53562
      View Details
    • $17 SF/Yr
      24,764 SF

      Middleton Office/Lab/R&D Space Available

      Single-tenant property suitable for office, lab, or R&D use.
      8505 Research Way, Middleton, WI 53562
      View Details
    • $23 SF/Yr
      1,680 SF

      Westside Office Suites Available

      First floor office suites with private offices, break room, reception.
      6702 Stonefield Rd, Middleton, WI 53562
      View Details
    • $22 SF/Yr
      11,471 SF

      Middleton Office Space Available

      Modern Offices, Prime Middleton Location
      8383 Greenway Blvdsuite 600, Middleton, WI 53562
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8383 Greenway Blvd
    Middleton, WI 53562
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.