301 Blount StMadison, WI 53704

  • Office buildings
  • 10,440 SF
For Lease
$306/SF/YR View listing

Property Details for 301 Blount St

Year built
1900
Lot size
0.40 AC
Property size (Sq ft)
10,440 SF
Zone code
HIS-TL TSS
Property type
Office buildings
APN
0709-134-1701-4
APU
70913417014

Description

This Madison, WI property at 301 S. Blount St. offers 8,023 square feet of executive office space, currently fully vacant and available for immediate occupancy. Two suites are available for sublease, each boasting recently remodeled interiors with exposed brick, high ceilings, exposed ductwork, and abundant natural light. Suite options range from 3,045 to 4,978 contiguous square feet, providing flexibility for various business needs. The building's unique aesthetic, featuring the desirable exposed brick, is a rare find in the near-east side of Madison. Located in Dane County, Wisconsin, with easy access to the city's amenities, this property presents a unique opportunity for businesses seeking a stylish and functional workspace. The suites include several private offices and a breakroom (in Suite 302). The property is ideally suited for businesses seeking a move-in ready space with character and charm. The address is 301 S. Blount St., Madison, WI 53704.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,885,066
    6.5%
    $1,740,061
    7%
    $1,615,771
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,059,902
    Geo Method
    $1,359,810
  • Alternative Use

    Use
    Valuation
    Residential
    $2,157,676
    Hospitality
    $1,976,419
    Educational
    $1,644,358
    Medical
    $1,700,910
    Retail
    $2,557,890

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.0776
Longitude
-89.3736
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
$78,150
$480,000
$3,945,000
$4,425,000
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