701 High Point RdMadison, WI 53717

Property Details for 701 High Point Rd

Year built

2001

Lot size

0.45 AC

Property size (Sq ft)

8,331 SF

Zone code

PD

Property type

Retail properties

Property subtype

Strip malls

APN

0708-143-0601-9

APU

70814306019

Description

Sauk Point Square, located at 701 N High Point Rd in Madison, WI 53717, offers prime retail space in the WI - Madison West submarket. This single-story, 5,554 square foot strip center, built in 2001, sits on a 0.44-acre lot and is zoned PD. The property currently has 3,630 square feet of vacant space available, divisible into units ranging from a minimum of 1,210 square feet to a maximum contiguous space of 2,420 square feet. Ideal for a variety of retail uses, this well-located center benefits from high visibility and convenient access. The building features no elevators. Dane County's thriving economy and strong demographics make this an excellent opportunity for businesses seeking a strategic location in a high-traffic area. Serious inquiries are encouraged to explore the possibilities of establishing or expanding your business within this vibrant retail center. The property is for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $2,211,264

  6.5%

  $2,041,166

  7%

  $1,895,369

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,131,390

  Geo Method

  $2,734,484

• Alternative Use

  Use

  Valuation

  Residential

  $1,721,800

  Hospitality

  $1,577,160

  Educational

  $1,312,178

  Medical

  $1,357,306

  Retail

  $2,041,166

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0753

Longitude

-89.5182

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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