517 Gammon RdMadison, WI 53719
- Retail properties
- 5,401 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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