645 Sandpiper Trail, Cottage Grove, WI 53527
645 Sandpiper Trail, Cottage Grove, WI 53527,Video Tour
645 Sandpiper Trail, Cottage Grove, WI 53527
91
See all 90 photos
Listed by American, REALTORS
$4,900,000
Est. payment /mo
Save Virtual Tour
19,211 SqFt
Active

645 Sandpiper Trail Cottage Grove, WI 53527

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Cindy Ulsrud

Cindy Ulsrud

+1(608) 628-8640

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail,Office,Service,Manufacturing,Warehouse,Industrial,Automotive

Listing Status Active

Purchase Type For Sale

Square Footage 19,211 sqft

Price per Sqft $255

MLS Listing ID 2025939

Year Built 2024

Annual Tax Amount $37,895

Tax Year 2025

Lot Size 2.270 Acres

Acres 2.27

Property Sub-Type Retail,Office,Service,Manufacturing,Warehouse,Industrial,Automotive

Property Description

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.

Location

State WI

County Dane

Area Cottage Grove - V

Zoning PB

Direction Northwest Corner of Cottage Grove Rd and Sandpiper Trl

Rooms

Basement Poured concrete foundatn, Slab/None

Interior

Heating Central air, Forced air, Zoned heating

Cooling Central air, Forced air, Zoned heating

Exterior

Parking Features 36-55 spaces, Onsite, Paved

Roof Type Rubber/membrane

Building

Story 2

Water Municipal sewer, Municipal water

Structure Type Steel

Others

SqFt Source Blue Print

Energy Description Natural gas

Acceptable Financing Seller may assist

Listing Terms Seller may assist

Virtual Tour https://my.matterport.com/show/?m=hzxg2WBnh2R

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Cindy Ulsrud

Cindy Ulsrud

Realtor | License ID: 50577

+1(608) 628-8640

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Cindy Ulsrud, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

645 Sandpiper Trail