1414 Macarthur RdMadison, WI 53714
- Retail properties
- 40,938 SF
Property Details for 1414 Macarthur Rd
- Year built
- 2003
- Lot size
- 2.50 AC
- Property size (Sq ft)
- 40,938 SF
- Zone code
- CC-T
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 0810-332-0809-3
- APU
- 81033208093
Description
This exceptional executive office space at 1414 MacArthur Rd in Madison, WI, offers a unique opportunity for businesses seeking a prestigious location. The building, totaling 5,384 square feet, currently has 2,072 square feet of vacant space available, divisible into units ranging from 1,002 to 1,070 contiguous square feet. Previously home to non-profit organizations, the building now welcomes for-profit tenants. The property boasts a beautifully maintained interior, featuring a welcoming lobby and reception area, creating a positive first impression for clients and employees. Individual suites offer high ceilings, contributing to a spacious and comfortable work environment. Tenants enjoy access to a variety of common areas, including multiple sized conference rooms and a large breakroom, fostering collaboration and productivity. The building's convenient location provides easy access to major transportation arteries, including Interstate 39/90/94 and the Beltline Highway (Highway 12/18), while still being only 15 minutes from downtown Madison. This is an ideal location for businesses seeking a blend of professional ambiance, modern amenities, and convenient access to the city's core. The zip code is 53714. This property presents a rare opportunity to secure high-quality office space in a desirable Madison location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,866,007
- 6.5%
- $10,030,161
- 7%
- $9,313,721
-
Comparable approach
- Method
- Valuation
- Relative Method
- $10,473,513
- Geo Method
- $13,437,080
-
Alternative Use
- Use
- Valuation
- Residential
- $8,460,816
- Hospitality
- $7,750,062
- Educational
- $6,447,960
- Medical
- $6,669,716
- Retail
- $10,030,161
Location Insight
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Latitude
- 43.1154
- Longitude
- -89.322
- 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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- Please email our support team at [email protected] and they will add the team member.
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