310 Locust DrVerona, WI 53593

  • Commercial real estate
  • 2.91 AC
For Lease
$8.50/SF/YR View listing

Property Details for 310 Locust Dr

Lot size
2.91 AC
Property type
Commercial real estate
APN
0608-223-9865-2
APU
60822398652

Description

This exceptional 19,950-square-foot industrial warehouse in Verona, Wisconsin, offers 7,125 square feet of immediately available space. Located at 310 Locust Drive, this single-story building sits on a 2.9-acre lot and features a 16-20 foot ceiling height, perfect for various industrial uses. The property boasts one loading dock and five drive-in doors, ensuring efficient loading and unloading. The building is equipped with modern amenities including a fully sprinklered system, LED lighting, three-phase electrical service, and Modine heating. Four 12' x 12' overhead doors provide ample access. This suburban industrial zoned property benefits from its convenient location approximately 10 miles southwest of Madison, Wisconsin, with easy access to US Route 18-151. The estimated delivery date for the available space is September 1, 2024. Tenants are responsible for gas, electric, water, recycling/garbage, phone/data, and in-suite janitorial services. The lease rate ranges from $8.50 to $9.00 per square foot, NNN. Dane County location provides access to a strong regional workforce and transportation infrastructure.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $26,233,944
    Hospitality
    $24,030,152
    Educational
    $19,992,804
    Medical
    $20,680,388
    Retail
    $31,099,918

Location Insight

City
Verona
County
Dane
State
Wisconsin
Latitude
42.9753
Longitude
-89.5346
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
$31,378
$568,800
$1,155,300
$1,724,100
-
-
-
$1,927,000

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