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.

DB

David Baehr

Agent at American, REALTORS

Listed by American, REALTORS · Broker phone: (608) 834-2600 · Broker website

MLS# 2025939· Source: REALTORS® Association of South Central Wisconsin· 8 days on PropertySimple

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

Open this listing in: