440 Science DrMadison, WI 53711

Property Details for 440 Science Dr

Year built

1993

Lot size

6.11 AC

Property size (Sq ft)

59,959 SF

Zone code

RMX

Property type

Office properties

Property subtype

Office buildings

APN

0709-301-0703-6

APU

70930107036

Description

Park West II, a four-story Class A office building at 440 Science Dr, Madison, WI 53711, offers 52,815 square feet of versatile space. Currently, one 626 sq. ft. suite is available. Situated on a 6.11-acre lot in the University Research Park, near the corner of Mineral Point Road and Whitney Way, this property boasts a park-like setting with abundant free parking and stunning views. Recently renovated common areas and ongoing improvements enhance service, performance, and energy efficiency. The building features two elevators and is conveniently located within walking distance of restaurants and shopping, offering easy access to downtown Madison (15 minutes), Greenway Station, Middleton, Verona, and Cross Plains. This exceptional property is ideal for businesses seeking a prestigious and functional workspace in a thriving Madison location. The building was constructed in 1993 and includes executive, medical, and traditional office subtypes. It's a single building with multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $10,826,309

  6.5%

  $9,993,516

  7%

  $9,279,694

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,087,228

  Geo Method

  $7,809,660

• Alternative Use

  Use

  Valuation

  Residential

  $12,391,960

  Hospitality

  $11,350,969

  Educational

  $9,443,873

  Medical

  $9,768,662

  Retail

  $14,690,469

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0591

Longitude

-89.4703

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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