2402 Stoughton RdMadison, WI 53716
- Retail properties
- 648 SF
Property Details for 2402 Stoughton Rd
- Year built
- 1960
- Lot size
- 1.13 AC
- Property size (Sq ft)
- 648 SF
- Zone code
- CC-T
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 0710-164-1714-1
- APU
- 71016417141
Description
This exceptional 5,943 square foot commercial property, situated on a 1.13-acre lot at 2402 S Stoughton Road in Madison, Wisconsin, presents a truly unique investment opportunity. Currently configured as a state-of-the-art automotive sales and repair facility, this turnkey operation boasts a comprehensive layout designed for maximum efficiency and profitability. Features include a welcoming reception area, a comfortable break room, six individual sales offices, dedicated spaces for a finance manager, sales manager, and parts/service writer, and separate restrooms for men and women, as well as a technician's restroom. The showroom features radiant floor heating for optimal comfort. The facility also includes two vehicle hoists, three overhead doors, and ample space to accommodate 140-150 vehicles. Security is ensured with a comprehensive surveillance camera system. Energy-efficient LED light poles illuminate the property at night, providing "daylight" conditions even after dark. This property is zoned CC-T, offering a wide range of potential uses beyond automotive sales and service. Its strategic location on the busy Highway 51 corridor, adjacent to Farm & Fleet, guarantees exceptional visibility and high drive-by traffic. This is a rare chance to acquire a well-established, high-performing property in a prime Madison location, offering significant potential for immediate return on investment and long-term growth. The asking price is $1,999,999.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $171,996
- 6.5%
- $158,766
- 7%
- $147,425
-
Comparable approach
- Method
- Valuation
- Relative Method
- $165,783
- Geo Method
- $212,693
-
Alternative Use
- Use
- Valuation
- Residential
- $133,925
- Hospitality
- $122,674
- Educational
- $102,064
- Medical
- $105,574
- Retail
- $158,766
Location Insight
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Latitude
- 43.0639
- Longitude
- -89.3105
- 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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