645 Sandpiper Trail, Cottage Grove, WI 53527 $4,900,000

645 Sandpiper Trail, Cottage Grove 0 Acres $4,900,000 Active

  • Commercial/Business
  • Status: Active
  • County: Dane
  • Est. Square Footage: 19,211
  • Acreage: 2.27
  • Property Taxes: $37,895
  • Property Tax Year: 2025
  • MLS#: 2025939
  • Listing Company: American, Realtors
  • Zip Code: 53527
  • Number of Units: 1

645 Sandpiper Trail, Cottage Grove, WI 53527 - Exceptional owner-user or investment opportunity to acquire a brand-new, 19,211 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost at $4,900,000, this asset accommodates retail, office, showroom, and warehouse needs. The 14,737 SF main building delivers a pristine canvas for an owner-occupant or value-add investor targeting the expanding Madison hub, arriving mostly vacant. Adding incredible value is a separate, fully built-out 4,474 SF detached building that is 100% leased, delivering immediate passive income to offset carrying costs from day one. Adjusted financials feature a strong 9.15% cap rate ($448,163 NOI), factoring in the recent rent adjustment, with massive upside via absorbing the vacant primary space at $19.50/SF NNN. Bypassing supply chain delays, this high-efficiency property is built for long-term appreciation.

Additional Features
  • Poured concrete foundatn, Slab/None
  • Heating/Cooling: Central air, Forced air, Zoned heating
  • Water Waste: Municipal sewer, Municipal water
  • Automotive, Industrial, Manufacturing, Office, Retail, Service, Warehouse
  • Roof: Rubber/membrane
  • Construction Type: E
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2025939 Active Jun 16 2026 9:56AM $4,900,000 45
1995261 Expired Withdrawn by Seller 151
1994628 Expired Active 365
1995261 Withdrawn by Seller Active Aug 8 2025 9:48AM 151
1995261 Jul 24 2025 2:45AM $205,581 $243,162 151
1994628 May 8 2025 2:47PM $5,500,000 $5,900,000 365
1995261 Active Mar 14 2025 3:46PM $243,162 151
1994628 Active Mar 6 2025 2:45AM $5,900,000 365

    Estimated Monthly Payment

    $3,287 per month
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    Geri Collette

    Geri Collette

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    Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
    All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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