6514 Odana RdMadison, WI 53719
- Retail properties
- 11,770 SF
Property Details for 6514 Odana Rd
- Year built
- 1979
- Lot size
- 0.92 AC
- Property size (Sq ft)
- 11,770 SF
- Zone code
- CC
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 0708-251-0302-4
- APU
- 70825103024
Description
This Madison, Wisconsin commercial property at 6514 Odana Rd offers prime retail and office space for lease. The building, constructed in 1979, totals 11,770 square feet and is zoned CC. Currently, there are multiple tenancies available, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 2,500 square feet. A total of 4,300 square feet is currently vacant and ready for immediate occupancy. The property boasts a highly desirable location on Odana Road, experiencing approximately 15,400 average daily car traffic. Its convenient access to West Towne Mall, Gammon Road, Mineral Point Road, and the Beltline Highway makes it an ideal location for businesses seeking high visibility and accessibility. The nicely finished office space includes building signage opportunities. The gross rent is $23.88 per square foot. The lot size is substantial, encompassing 1,736,562,960 square feet. This presents a unique opportunity for businesses seeking flexible, high-traffic, and well-located office space in Madison. Contact us today to learn more about leasing options and to schedule a viewing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,124,064
- 6.5%
- $2,883,751
- 7%
- $2,677,769
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,011,218
- Geo Method
- $3,863,267
-
Alternative Use
- Use
- Valuation
- Residential
- $2,432,552
- Hospitality
- $2,228,204
- Educational
- $1,853,840
- Medical
- $1,917,596
- Retail
- $2,883,751
Location Insight
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Latitude
- 43.0554
- Longitude
- -89.4925
- 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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