2402 Stoughton RdMadison, WI 53716

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

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.

• 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

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