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645 Sandpiper Trail
Cottage Grove WI 53527 US

$4,900,000

Active Listing ID 2025939
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19,211 square feet
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Lot: 2.27 Acres
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Other

$4,900,000

Active Listing ID 2025939
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645 Sandpiper Trail 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.

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Property Features

  • Facts
  • Lot Size: 2.27 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Membrane

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 4900000
  • unparsedaddress: 645 Sandpiper Trail
  • postalcity: Cottage Grove
  • stateorprovince: WI
  • country: US
  • postalcode: 53527
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.27
  • lotsizeunits: Acres
  • lotsizearea: 2.27
  • livingarea: 19211
  • livingareaunits: Square Feet
  • latitude: 43.089003
  • longitude: -89.216239
  • listagentfullname: David Baehr
  • listagentemail: David@baehrinc.com
  • listagentkey: 3yd-SCWMLSWI-4406
  • listagentmlsid: 4406
  • listagentpreferredphone: 6082136686
  • listagentofficephone: 6088342600
  • listofficekey: 3yd-SCWMLSWI-1598
  • listofficemlsid: 1598
  • disclaimer: 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.
  • sourcesystemid: SCWMLSWI
  • yearbuilt: 2024
  • listagenturl: www.BaehrInc.com
  • countyorparish: Dane
  • parcelnumber: 0711-081-4822-1
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Membrane
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Overhead doors, Truck dr(s) 15ft or lower, Private Restrooms, 3 phase electric, Reception area, Signage available, Security system, Internal sprinkler, Private office(s)
  • securityfeatures: Security System
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.21624, 43.089005
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"American, REALTORS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"david@baehrinc.com", "ListBrokerageCity":"Sun Prairie", "ListBrokerageCountry":"US", "ListBrokerageEmail":"americanrealtorsmadison@gmail.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/414426618f9211e493c06ecbe8fd6c0ek-c14006112r.png", "ListBrokerageName":"American, REALTORS", "ListBrokeragePhone":"(608) 834-2600", "ListBrokeragePostalCode":"53590", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"202 W. Main Street", "ListBrokerageWebsiteUrl":"http://www.AmericanMadison.com", "ListOfficeAddress1":"202 W Main St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1598", "ListOfficeCity":"Sun Prairie", "ListOfficeCountry":"US", "ListOfficeEmail":"cssmadison@showings.com", "ListOfficePostalCode":"53590-2908", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"Business/Comm, Cottage Grove, WI", "ListingURL":"https://listings.listhub.net/pages/SCWMLSWI/2025939/?channel=rexren", "MLSModificationTimestamp":"2026-07-15 20:26:21", "Neighborhoods":[{"Description":null, "Name":"COTTAGE GROVE - V"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":37895, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/15/2026 8:26:21 PM GMT
Source Updated Date: 9/13/2026 12:45:22 AM GMT

Courtesy of: David Baehr, American, REALTORS, David@baehrinc.com

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.