2118 Beltline HwyMadison, WI 53713

  • Retail properties
  • 42,758 SF

Property Details for 2118 Beltline Hwy

Year built
1997
Lot size
3.02 AC
Property size (Sq ft)
42,758 SF
Zone code
CC
Property type
Retail properties
APN
0709-343-0705-4
APU
70934307054

Description

This exceptional retail property, located at 2118 W Beltline Hwy in Madison, Wisconsin, offers 16,850 square feet of vacant space within a larger 43,670 square foot building. Situated in Dane County, this prime location boasts excellent visibility along the Beltline Highway, ensuring high traffic and exposure for your business. The property is designated for multiple tenancies, though currently only one suite is available. This presents a unique opportunity for a single large tenant or the potential for division into smaller spaces (subject to feasibility and approvals). The property's classification is retail commercial, making it ideal for a wide variety of businesses. The address is 2118 W Beltline Hwy, Madison, WI 53713. This is a for-sale/lease opportunity, providing flexibility for potential buyers or lessees. The property's strategic location and ample square footage make it an attractive investment for businesses seeking high visibility and convenient access in a thriving Madison market. Interested parties should inquire for further details regarding pricing and lease terms. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,349,083
    6.5%
    $10,476,076
    7%
    $9,727,785
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,939,139
    Geo Method
    $14,034,458
  • Alternative Use

    Use
    Valuation
    Residential
    $8,836,962
    Hospitality
    $8,094,610
    Educational
    $6,734,620
    Medical
    $6,966,234
    Retail
    $10,476,076

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.037
Longitude
-89.4144
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
$71,052
$825,000
$3,175,000
$4,000,000
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FAQs

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