2976 Triverton Pike DrFitchburg, WI 53711

Property Details for 2976 Triverton Pike Dr

Lot size

1.12 AC

Property type

Commercial real estate

APN

0609-044-6143-4

APU

60904461434

Description

2976 Triverton Pike Drive in Fitchburg, Dane County, offers exceptional office space for lease. This traditional office building provides a cost-effective solution for small businesses seeking a convenient and accessible location. Currently, there are multiple suites available, with the smallest being 664 square feet and the largest contiguous space measuring 1,682 square feet. A total of 2,807 square feet is currently vacant, offering flexibility for businesses of varying sizes. The building is strategically situated just off McKee Road, providing easy access to the Beltline Highway, ensuring convenient commutes for employees and clients. Ample parking is available on-site for the convenience of tenants and visitors. A shared breakroom is also provided, fostering a collaborative and comfortable work environment. The property is ideal for businesses seeking a functional and well-located office space in a thriving area. Interested parties should inquire about available suite sizes and lease terms. This is an excellent opportunity to secure a prime office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $9,992,620

  6.5%

  $9,223,960

  7%

  $8,565,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,957,480

  Geo Method

  $6,360,240

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $18,739,900

  Retail / Commercial

  $9,496,180

  Mixed-Use / Specialty

  $9,372,840

  Hospitality / Lodging

  $6,760,050

  Office

  $9,223,960

  Institutional / Educational

  $9,712,000

  Residential Income

  $11,363,000

  Multifamily

  $14,124,300

  Automotive / Energy

  $8,324,570

  Parking / Income-Based Land

  $2,961,110

  Restaurant / Food Service

  $4,683,920

  Healthcare / Senior Housing

  $9,703,430

Location Insight

City

Fitchburg

County

Dane

State

Wisconsin

Latitude

43.0168

Longitude

-89.4282

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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