913 Watson AveMadison, WI 53713

Property Details for 913 Watson Ave

Year built

1967

Lot size

1.34 AC

Property size (Sq ft)

4,968 SF

Zone code

IG

Property type

Warehouses

Property subtype

Self storage facilities

APN

0609-022-0306-1

APU

60902203061

Description

This exceptional 14,476-square-foot building at 913 Watson Avenue in Madison, Wisconsin, presents a unique opportunity for businesses seeking a versatile space. The property is zoned IG - Industrial, General District, and offers a blend of executive office and warehouse space, perfect for a single tenant. The building features a substantial 14,476 square feet of vacant space, ready for immediate occupancy. Ceiling heights range from 9.5 feet to 16.5 feet, providing ample vertical space for various uses. Six loading docks ensure efficient loading and unloading operations, while ample parking is provided with 45 spaces. The property boasts robust power capabilities, including 1200 amp, 480 volt, 3-phase power. Located in Dane County, within Madison's Stewart Street Industrial Park, this property offers a strategic location, just blocks from Fish Hatchery Road and the Beltline, providing easy access to major transportation routes. A rare feature is the significant yard space, ideal for outdoor storage or future expansion. The property's APN is 060902203061. This is an exceptional opportunity to acquire a highly functional and well-located industrial property in a thriving Madison market. The property is available for sale or lease.

• CAP approach

  CAP return

  Valuation

  6%

  $2,065,450

  6.5%

  $1,906,570

  7%

  $1,770,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $806,988

  Geo Method

  $1,035,330

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $966,128

  Mixed-Use / Specialty

  $953,580

  Hospitality / Lodging

  $687,759

  Office

  $938,433

  Institutional / Educational

  $988,085

  Residential Income

  $1,156,060

  Multifamily

  $1,436,990

  Automotive / Energy

  $846,930

  Parking / Income-Based Land

  $301,260

  Restaurant / Food Service

  $476,535

  Healthcare / Senior Housing

  $987,214

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0276

Longitude

-89.3981

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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