6514 Odana RdMadison, WI 53719

  • Retail properties
  • 11,770 SF
For Lease
$23/SF/YR View listing

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
6514 Odana Rd, Madison, Wisconsin

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

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
$20,563
$440,000
$616,300
$1,056,300
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