313 Blettner BlvdMadison, WI 53714

  • Office properties
  • 76,940 SF
For Sale
$8,080,000 View listing

Property Details for 313 Blettner Blvd

Year built
2000
Lot size
3.90 AC
Property size (Sq ft)
76,940 SF
Zone code
PD
Property type
Office properties
Property subtype
Office buildings
APN
0710-042-0105-1
APU
71004201051

Description

This prestigious Class A office building, located at 313 Blettner Boulevard in Madison, Wisconsin, offers 80,945 square feet of immediately available space. Built in 2000, this five-story building sits on an 11.9-acre lot and boasts 297 parking spaces, three elevators, and a minimum divisible space of 4,000 square feet. The entire 80,945 square feet is currently vacant and can be leased as a single contiguous unit. The property enjoys a prime location, offering effortless access to Highways 51 and 30, providing high visibility and convenient commuting. Its proximity to the University of Wisconsin-Madison ensures access to a highly skilled workforce. The surrounding area is home to numerous large corporations, creating a thriving business environment. This executive office space provides modern amenities and a strategic location for businesses seeking a prominent presence in Madison's dynamic market. The Dane County location and 53714 zip code offer easy access to amenities and a strong local economy. This exceptional property presents a unique opportunity for businesses seeking high-quality office space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,892,430
    6.5%
    $12,823,782
    7%
    $11,907,797
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,811,194
    Geo Method
    $10,021,435
  • Alternative Use

    Use
    Valuation
    Residential
    $15,901,489
    Hospitality
    $14,565,679
    Educational
    $12,118,474
    Medical
    $12,535,247
    Retail
    $18,850,960
313 Blettner Blvd, Madison, Wisconsin

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.1037
Longitude
-89.3178
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
$163,880
$610,000
$7,650,000
$8,260,000
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