26 Schroeder CtMadison, WI 53711

Property Details for 26 Schroeder Ct

Year built

1978

Lot size

1.35 AC

Property size (Sq ft)

8,084 SF

Zone code

CC-T WP-12

Property type

Office properties

Property subtype

Office buildings

APN

0709-303-0106-8

APU

70930301068

Description

Schroeder Court Office Building offers premium office space in Madison, Wisconsin. This 23,840 square foot building, constructed in 2005 and renovated in 2018, features a traditional office layout with executive office options. Currently, 6,330 square feet of contiguous space is available, divisible into units as small as 2,130 square feet. The available space boasts a desirable build-out including three large offices, two smaller offices, a break room/kitchen, an in-suite restroom, and a conference room. Ample surface parking is available, supplemented by some underground parking. The building is conveniently located along the west beltline highway, providing excellent visibility and prime beltline signage opportunities. The asking rent is $16.00 per square foot, plus NNN charges. Adjacent vacant space can be combined to create approximately 6,400 square feet of total office space. The building is situated at 26 Schroeder Ct, Madison, WI 53711, in Dane County. Elevators are available for convenient access to all floors.

• CAP approach

  CAP return

  Valuation

  6%

  $1,459,662

  6.5%

  $1,347,380

  7%

  $1,251,139

• Comparable approach

  Method

  Valuation

  Relative Method

  $820,713

  Geo Method

  $1,052,941

• Alternative Use

  Use

  Valuation

  Residential

  $1,670,752

  Hospitality

  $1,530,400

  Educational

  $1,273,274

  Medical

  $1,317,064

  Retail

  $1,980,649

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0476

Longitude

-89.4775

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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