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Property profile & analytics
OFF-MARKET Estimated value $670,000
Warehouses

913 Watson Ave Madison, WI 53713-3254

4,968 SF 1.34 ac lot Built 1967
Entity Owned ~ Est. High Equity
Property ID
US92-0261911
Property summary
AI-generated overview

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
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1967
Total area 4,968 SF
Lot 1.34 ac (58,545 SF)
Zoning code IG
APN 0609-022-0306-1
UPID US92-0261911
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
  • Verona Safety Supply, Inc. Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$595k
Comparable Approach Comparable
$915k
Blend (final) Blend
$670k
Owner & transaction history
913 Watson LLC
913 Watson LLC
since 2025
Last sale
$885,000
6 recorded transactions
2025
$885,000
2025
Price N/A
2013
$367,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IG · Madison, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $955,000 +41.5%
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