
Improved Mixed-Use Land for Sale in Cottage Grove, Wisconsin
645 Sandpiper Trl, Cottage Grove, WI 53527
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.
Location
- Street address
- 645 Sandpiper Trl
- County
- Dane County
- Zip code
- 53527
- Community
- Cottage Grove - V
- Elevation
- 896 feet
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 16, 2026 | New listing | $4,900,000 | — | SCWMLS |