645 Sandpiper Trail, Cottage Grove, WI 53527 $4,900,000
Features of 645 Sandpiper Trail, Cottage Grove, WI 53527
WI > Dane > Cottage Grove > 645 Sandpiper Trail
- 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
Property Description for 645 Sandpiper Trail, Cottage Grove, WI 53527
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.
Basement
- Poured concrete foundatn, Slab/None
Interior Features
- Heating/Cooling: Central air, Forced air, Zoned heating
- Water Waste: Municipal sewer, Municipal water
Building and Construction
- Automotive, Industrial, Manufacturing, Office, Retail, Service, Warehouse
- Roof: Rubber/membrane
- Construction Type: E
Land Features
- Waterfront/Access: N
| 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| 1995261 | Expired | Withdrawn by Seller | 151 | ||||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| 1995261 | Withdrawn by Seller | Active | Aug 8 2025 9:48AM | 151 | |||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 |
Frequently Asked Questions
Community Homes Near 645 Sandpiper Trail
| Cottage Grove Real Estate | 53527 Real Estate |
|---|---|
| Cottage Grove Vacant Land Real Estate | 53527 Vacant Land Real Estate |
| Cottage Grove Foreclosures | 53527 Foreclosures |
| Cottage Grove Single-Family Homes | 53527 Single-Family Homes |
| Cottage Grove Condominiums |
The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site.
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