About This Home

This 0-bedroom, 0-bathroom commercial at 645 Sandpiper Trail in Cottage Grove, WI is listed for $4,900,000 ($255 per sqft). Built in 2024, the home offers 19,211 sqft of living space on a 2.27 acres lot.

Key Features

  • Built in 2024
  • 2.27 acre lot

Property Details

2024
Listing 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.

Monthly Cost Estimate

$26,206/mo

20% down · 6.5% · 30 years

Principal$3,544
Interest$21,233
Insurance$1,429

Estimates only. Actual payments may vary.

Location

645 Sandpiper Trail

Cottage Grove, WI 53527

Features & Amenities

Interior Features

Overhead doorsTruck dr(s) 15ft or lowerPrivate Restrooms3 phase electricReception areaSignage availableSecurity systemInternal sprinklerPrivate office(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 645 Sandpiper Trail is listed at $4,900,000 ($255/sqft). The estimated monthly payment is $26,206 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024, 2.27 acre lot. Interior Features: Overhead doors, Truck dr(s) 15ft or lower, Private Restrooms.

This property is listed by David Baehr and can be reached at 6082136686.

DB

David Baehr

Agent at American, REALTORS

(608) 213-6686

Listed by American, REALTORS

MLS# 2025939· Source: listhub· Listed today

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

645 Sandpiper Trail, Cottage Grove, WI 53527

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