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Improved Mixed-Use Land for Sale in Cottage Grove, Wisconsin

645 Sandpiper Trl, Cottage Grove, WI 53527

$4,900,000
2.27 acres
Active sale
ago
Est $28,193/mo

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.

19,623
Sq feet
2024
Built

Location

Street address
645 Sandpiper Trl
Zip code
53527
Community
Cottage Grove - V
Elevation
896 feet
Coordinates
43.089, -89.2162

Directions

Northwest Corner of Cottage Grove Rd and Sandpiper Trl

Property details

Acreage
2.27 acres
Zoning
PB
MLS #
SCWMLS 2025939
Posted

Property taxes

2025
$37,895

Parcels

  • 0711-081-4822-1

Details and features

Listing

Type
Commercial Sale

Lot

Features
Business District, Corner

Structure

Roof
Membrane

Interior

Security
Security System
Features
3 Phase Electric, Internal Sprinkler, Overhead Doors, Private Office(s), Private Restrooms, Reception Area, Signage Available, Truck Dr(s) 15 ft or Lower

Listing history

DateEventPriceChangeSource
June 16, 2026New listing$4,900,000SCWMLS
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This 2.27-acre property is located at 645 Sandpiper Trl in Cottage Grove, WI 53527. The property is available for sale, priced at $4,900,000. It has a 19,623 square foot structure built in 2024.

Listed by American, REALTORS, (608) 834-2600

Checked 1 hour agoUpdated

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