2434 Vondron RdMadison, WI 53718

Property Details for 2434 Vondron Rd

Year built

1977

Lot size

1.24 AC

Property size (Sq ft)

7,800 SF

Zone code

IL

Property type

Other commercial real estate

Property subtype

Showrooms

APN

0710-154-0215-1

APU

71015402151

Description

This Madison, Wisconsin industrial flex space at 2434 Vondron Rd offers 4,640 square feet of adaptable warehouse space, perfect for a variety of businesses. The property features a convenient location with easy access to major highway systems, making it ideal for companies serving multiple markets. The building boasts a ceiling height of 11'6", providing ample vertical space for storage or operations. Three drive-in doors ensure efficient loading and unloading of goods. The space is part of a multi-tenant building with a minimum divisible unit of 500 square feet and a maximum contiguous space of 7,800 square feet. This presents an opportunity for businesses needing a smaller footprint or the potential for expansion. Beyond the interior space, the property includes a significant advantage: 10,000 square feet of fenced outdoor storage, ideal for equipment, materials, or inventory. The lot size is 1.24 acres, providing ample room for maneuvering and potential future development. This property is situated in Madison, WI, zip code 53718. The combination of convenient location, flexible space options, and generous outdoor storage makes this an exceptional opportunity for businesses seeking a strategic location in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,070,322

  6.5%

  $1,911,067

  7%

  $1,774,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,995,540

  Geo Method

  $2,560,194

• Alternative Use

  Use

  Valuation

  Residential

  $1,612,056

  Hospitality

  $1,476,635

  Educational

  $1,228,543

  Medical

  $1,270,794

  Retail

  $1,911,067

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0628

Longitude

-89.292

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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