Entity Owned Property summary
This exceptional 14,476-square-foot building at 913 Watson Avenue in Madison, Wisconsin, presents a unique opportunity for businesses seeking a versatile space. The property is zoned IG - Industrial, General District, and offers a blend of executive office and warehouse space, perfect for a single tenant. The building features a substantial 14,476 square feet of vacant space, ready for immediate occupancy. Ceiling heights range from 9.5 feet to 16.5 feet, providing ample vertical space for various uses. Six loading docks ensure efficient loading and unloading operations, while ample parking is provided with 45 spaces. The property boasts robust power capabilities, including 1200 amp, 480 volt, 3-phase power. Located in Dane County, within Madison's Stewart Street Industrial Park, this property offers a strategic location, just blocks from Fish Hatchery Road and the Beltline, providing easy access to major transportation routes. A rare feature is the significant yard space, ideal for outdoor storage or future expansion. The property's APN is 060902203061. This is an exceptional opportunity to acquire a highly functional and well-located industrial property in a thriving Madison market. The property is available for sale or lease.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district accommodates areas of heavy and concentrated fabrication and manufacturing and industrial uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
IG · Madison, WIThis district accommodates areas of heavy and concentrated fabrication and manufacturing and industrial uses
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district accommodates areas of heavy and concentrated fabrication and manufacturing and industrial uses
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IG in Madison, WI.
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