Scott Zylka

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Listing provided courtesy of American, REALTORS- MLS# 2025939MLS Provider

645 Sandpiper TrailCottage Grove, WI 53527

Commercial · 19,623 Sq. ft. | 2.27 Acres
$4,900,000 Active

645 Sandpiper Trail Overview

Time on Site:
13 days
Visits:
5

Exceptional owner-user or investment opportunity to acquire a brand-new, 19,622 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost, this modern facility accommodates retail, office, showroom, and warehouse needs. Majority of the 18,147 SF main building will be delivered vacant upon acquisition, providing a pristine canvas for an owner-occupant or an investor looking to lease at market rates in the expanding Madison economic hub. Adding incredible value is a separate, fully built-out 1,475 SF detached building featuring rental units that are 100% leased, providing immediate passive income to offset carrying costs from day one. Boasting new construction and low maintenance, this premier asset is positioned for long-term appreciation. Note: Advertised financials are pro forma, trading at a proposed 9.3% cap rate based on the partially vacant main building being leased at $19.50/SF NNN.

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645 Sandpiper Trail Facts & Features

  • Type Commercial
  • Sq. ft. 19,623
  • Price/Sq.ft. $250
  • Lot 2.27 Acres

Details

General

Income/Expenses

  • Net Operating Income: 455963
  • Operating Expense: 9354

Listing Information

  • Sale Includes: Furniture

Building Information

  • Fuel: Natural gas
  • Water/Waste: Municipal sewer, Municipal water
  • Year Built: 2024

Business Information

  • Business Name: New Tech
  • Current Use: Retail, Office, Warehouse

Location/Region

  • County Or Parish: Dane
  • Postal City: Cottage Grove

Parking Information

  • Parking Fees/Mo.: 0

Rent/Lease Information

  • Annual Rent/SqFt: 20.36
  • Lease Type: Multiple years, Renewal options, Triple net
  • Tenant Pays: All expenses

Tax Information

  • Tax Annual Amount: $37,895.00
  • Tax Assessed Value: $1,510,100.00
  • Tax Year: 2025

General Information

  • Business Sale: No
  • Exclusions: Seller's trade tools and inventory
  • Features: Overhead doors, Truck dr(s) 15ft or lower, Private Restrooms, 3 phase electric, Reception area, Signage available, Security system, Internal sprinkler, Private office(s)
  • Miscellaneous: Internet -Fiber Available
  • Parcel Number: 0711-081-4822-1
  • Property Type: Business/Comm
  • Type: Retail, Office, Service, Manufacturing, Warehouse, Industrial, Automotive
  • Zoning: PB

Interior

Building Information

  • Total Units/Bldg.: 1
  • Heating/Cooling: Central air, Forced air, Zoned heating
  • Number of Loading Docks: 0

Building Interior

  • Building Area Total: 19623
  • Ceiling Height Max: 21
  • Ceiling Height Min: 9

General Information

  • Basement: Poured concrete foundatn, Slab/None
  • Stories Total: 2

Unit Information

  • Unit 1 Base Annual Rent: $0.00
  • Unit 1 Gross SqFt: 0

Exterior

Parking Information

  • Onsite Parking: yes
  • Parking Features: 36-55 spaces, Onsite, Paved

Lot Information

  • Street Frontage: 596
  • Lot Size Acres: 2.27
  • Lot Size Dimensions: 303x330
  • Lot Size Source: Assessor

Building Exterior/Construction

  • Construction Materials: Steel
  • Roof: Rubber/membrane

645 Sandpiper Trail Neighborhood

Community

53527 (Cottage Grove) Demographics

40
Median Age
309
Population Density (per sq. mile)
59%
College Educated
$95,341
Estimated Median Income
3,405
Estimated Total Home Owners
601
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

645 Sandpiper Trail Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

645 Sandpiper Trail Market Data

Based on the last 30 days in this zip code

$586,113
Average List Price
$249
Average Price per Square Foot
15
Properties Sold
60
Average Days on Market
66
Properties for Sale
Calculations provided by Reliance Network

645 Sandpiper Trail History

Date Event Value Agent
6/16/2026Source: South Central Wisconsin MLS Added to Database
June 16, 2026