4901 Eastpark BlvdMadison, WI 53718
- Mixed-use properties
- 31,246 SF
Property Details for 4901 Eastpark Blvd
- Year built
- 2009
- Lot size
- 7.00 AC
- Property size (Sq ft)
- 31,246 SF
- Zone code
- SEC
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 0810-222-0105-8
- APU
- 81022201058
Description
4901 Eastpark Boulevard offers 13,961 square feet of immediately available Class A executive office space in Madison's American Center Business Park. This two-story, 27,922 square foot building, constructed in 2017, boasts a modern design with large windows, a striking two-story atrium and open lobby, and a convenient patio and bike rack. The property features a single Schindler elevator and 182 surface parking spaces. The building's SEC zoning allows for flexibility. Located at the intersection of I-90/94 and Highway 151, this prime location provides exceptional visibility and easy access to a variety of dining, shopping, and recreational opportunities, including nearby walking trails. The building includes keycard entry for enhanced security. While there is no on-site break room, conference room, exercise room, or shower facilities, the property offers additional storage and significant potential for expansion due to the availability of excess land. The property taxes are $2.46 per square foot. Individual suites range from 2,461 to 13,961 contiguous square feet, making it ideal for a variety of business needs. This is a rare opportunity to secure high-quality office space in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,641,836
- 6.5%
- $5,207,849
- 7%
- $4,835,860
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,172,194
- Geo Method
- $4,069,792
-
Alternative Use
- Use
- Valuation
- Residential
- $6,457,732
- Hospitality
- $5,915,248
- Educational
- $4,921,417
- Medical
- $5,090,672
- Retail
- $7,655,538
Location Insight
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Latitude
- 43.1452
- Longitude
- -89.2984
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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