2104 City View DrMadison, WI 53718

Property Details for 2104 City View Dr

Lot size

5.66 AC

Zone code

SE

Property type

Office buildings

APN

0810-274-0308-9

APU

81027403089

Description

The Commerce Building, located at 2104 City View Dr, Madison, WI 53718, offers a unique opportunity to lease prime industrial space. This Class A property, built in 2022, comprises two buildings totaling 55,175 square feet. The buildings feature a modern design with tilt-up concrete construction, brick, and glass accents. Currently, 19,175 square feet of space is available, divisible into units as small as 8,500 square feet, with a maximum contiguous space of 19,175 square feet. The property boasts a 20'6" ceiling height, ideal for various industrial uses. Loading and access are facilitated by three loading docks and three drive-in doors in each building. Ample parking is provided with 78 total spaces. The property is zoned for Suburban Employment and features 1200 AMP power. This versatile space is perfect for businesses seeking flexible layouts and efficient operations. The property is situated in Madison, Wisconsin, offering convenient access to transportation and amenities. The buildings are single-story structures, with no elevators. This exceptional property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $44,509,584

  6.5%

  $41,085,772

  7%

  $38,151,072

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,026,074

  Geo Method

  $32,107,406

• Alternative Use

  Use

  Valuation

  Residential Income

  $50,946,356

  Hospitality / Lodging

  $46,666,588

  Institutional / Educational

  $38,826,052

  Healthcare / Senior Housing

  $40,161,340

  Retail / Commercial

  $60,396,084

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.1273

Longitude

-89.2887

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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