517 Gammon RdMadison, WI 53719

  • Retail properties
  • 5,401 SF
For Lease

Property Details for 517 Gammon Rd

Year built
1973
Lot size
1.04 AC
Property size (Sq ft)
5,401 SF
Zone code
CC
Property type
Retail properties
Property subtype
Community centers
APN
0708-252-0094-5
APU
70825200945

Description

This exceptional retail opportunity is located at 517 S Gammon Rd, Madison, WI 53719, in Dane County. The Shops at Gammon Road offers 13,114 total square feet, with 5,634 square feet currently vacant. Individual spaces range from a minimum of 1,834 square feet to a maximum contiguous space of 3,800 square feet, providing flexibility for various retail concepts. Built in 2013, this property boasts excellent visibility and frontage on a high-traffic road. Its strategic location offers unparalleled accessibility to the Beltline (Highway 12/14), placing it within easy reach of Madison's vibrant west side. The property benefits from strong retail synergy with its proximity to West Towne Mall, a major 918,912 square foot super regional shopping center located directly across the street. This prime location ensures high foot traffic and visibility for your business. Monument signage is available, providing excellent branding opportunities. This is an exceptional chance to establish or expand your retail presence in a thriving Madison commercial corridor.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,433,566
    6.5%
    $1,323,291
    7%
    $1,228,770
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,381,783
    Geo Method
    $1,772,770
  • Alternative Use

    Use
    Valuation
    Residential
    $1,116,246
    Hospitality
    $1,022,475
    Educational
    $850,687
    Medical
    $879,944
    Retail
    $1,323,291
517 Gammon Rd, Madison, Wisconsin

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.0554
Longitude
-89.5021
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
$49,850
$485,000
$2,041,400
$2,526,400
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FAQs

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