4600 American PkwyMadison, WI 53718

Property Details for 4600 American Pkwy

Year built

1994

Lot size

5.08 AC

Property size (Sq ft)

84,980 SF

Zone code

SEC

Property type

Office properties

Property subtype

Office buildings

APN

0810-221-0203-2

APU

81022102032

Description

This exceptional Class A office building, located at 4600 American Parkway in Madison, Wisconsin, offers 76,891 square feet of versatile space ideal for executive, traditional, or medical office uses. Built in 1994 and extensively renovated in 2018, this three-story building boasts a prime location within the American Center business park, providing convenient access to Interstates 90/94/39 and US Highway 151. The property features ample free parking (287 spaces) and elevators, ensuring convenient access for tenants and their employees. Multiple suites are available, ranging from 1,067 to 10,242 square feet, catering to a variety of business needs. Situated on over five acres, the building offers a park-like setting with expansive views. Its convenient location places it within minutes of numerous restaurants, shopping centers, and entertainment options, and less than 10 minutes from Sun Prairie, East Towne Mall, and the Prairie Lakes development. Furthermore, it's less than 20 minutes from downtown Madison and the Dane County Regional Airport. This property is an excellent opportunity for businesses seeking a prestigious and well-appointed office space in a thriving Madison location. The building currently houses several national and international tenants. Dane County location.

• CAP approach

  CAP return

  Valuation

  6%

  $15,344,148

  6.5%

  $14,163,829

  7%

  $13,152,127

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,627,440

  Geo Method

  $11,068,645

• Alternative Use

  Use

  Valuation

  Residential

  $17,563,148

  Hospitality

  $16,087,749

  Educational

  $13,384,818

  Medical

  $13,845,143

  Retail

  $20,820,828

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.1483

Longitude

-89.2914

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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