4901 Eastpark BlvdMadison, WI 53718

  • Mixed-use properties
  • 31,246 SF
For Lease
$12/SF/YR View listing

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
4901 Eastpark Blvd, Madison, Wisconsin

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

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
$65,127
$1,678,000
$1,082,000
$2,760,000
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