5250 Terrace DrMadison, WI 53718

Property Details for 5250 Terrace Dr

Year built

1997

Lot size

3.41 AC

Property size (Sq ft)

31,989 SF

Zone code

SEC

Property type

Office properties

Property subtype

Office buildings

APN

0810-221-0501-0

APU

81022105010

Description

This exceptional Class A office building, situated in Madison's American Center Office Park, offers a variety of high-quality spaces. The single-story building, constructed in 1997, boasts a total of 31,989 square feet and features 132 parking spaces for ample tenant and visitor convenience. Currently, there are multiple suites available, ranging from a minimum of 1,806 square feet to a maximum contiguous space of 3,500 square feet, with a total of 5,306 square feet currently vacant. The property sits on a generous 3.4-acre lot and is zoned SEC. Enjoy the benefits of a prime location with easy access to Interstates 90/94 and Highway 151, placing you minutes away from East Towne Mall and Dane County Regional Airport. The building has recently undergone significant improvements, including brand new common area updates to the lobby, restrooms, building entrances, and a shared conference room. Large windows throughout the building provide abundant natural light. This is an ideal opportunity for businesses seeking modern, well-maintained office space in a highly desirable location. The building's traditional and executive office spaces cater to a variety of business needs and sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $5,775,994

  6.5%

  $5,331,686

  7%

  $4,950,852

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,247,625

  Geo Method

  $4,166,567

• Alternative Use

  Use

  Valuation

  Residential

  $6,611,291

  Hospitality

  $6,055,907

  Educational

  $5,038,444

  Medical

  $5,211,724

  Retail

  $7,837,579

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.1452

Longitude

-89.2911

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].