5218 E Terrace Dr, Madison, WI 53718 Property Records

Dane County property record for 5218 E Terrace Dr, Madison, WI 53718

Property Summary

Property Type	Commercial
Details	29,339 sqft · built 1999
Lot Size	5.74 acres (250,106 sqft)
Owner	Company Name on Record
Last Sale	$4,200,000 (Dec 2016)
Tax Bill	$217 (2022)
Deeds & Mortgages	Mar 2021 Mortgage Jun 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`0810-221-0502-8`

Property Details

APN / Parcel Number

Primary APN	`0810-221-0502-8`

Interior

Stories	1 Story
Building Area	29,339 sqft Total Area
1st Floor Area	29,339 sqft

Exterior

Year Built	Built 1999
Effective Year Built	Effective 1999
Exterior Material	Brick
Roof Type	Flat
Roof Material	Built-Up Asphalt
Lot Area	250,106 sqft (5.74 acres)
Lot Width	730 ft Width
View / Lot	Traffic

Utilities, Heating & Cooling

Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	5218 E TERRACE DR
City	MADISON
State	WI
Zip	53718-8340
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	SEC
Legal Description	THE AMERICAN CENTER PLAT TERRACE SECOND ADDITION, LOT 24.
Legal Range	10E
Legal Township	08N
Legal Section	22
Legal Quarter	1
Legal Subdivision	THE AMERICAN CENTER PLAT TERRACE SECOND
Legal Lot Number	24
Jurisdiction	DANE WI
Township / Civil Division	MADISON
Census Block Group	1
Census Block	1040
Census Tract	11405

Owner

Source: Dane County records, as of March 30, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	275 W WISCONSIN AVE, 210, MILWAUKEE, WI 53203-3301
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 5, 2021	Deed of Trust, Mortgage · Commercial Mortgage TOWN BANK
Jun 6, 2017	Grant Deed, Mortgage · Line of Credit BANK OF AMERICA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 22, 2016 · Amount on Record
Deed Sale	Dec 22, 2016 · Amount on Record
Deed Document Number	20165293903
Record Updated	Jun 8, 2026

March 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DANE WI
Property Address	5218 E TERRACE DR, MADISON, WI 53718-8340
Transaction Type	Mortgage
Record Updated	May 25, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0005701954
Date	Mar 5, 2021
Instrument	5701954

Lender

Name	TOWN BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

June 2017: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	DANE WI
Recording Date	Jun 6, 2017
Property Address	5218 E TERRACE DR, MADISON, WI 53718-8340
Instrument Date	May 26, 2017
Instrument	5330965
Transaction Type	Mortgage
Record Updated	Aug 23, 2018
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	W140N8917 LILLY RD MENOMONEE FALLS WI 530512325, MENOMONEE FALLS, WI 53051-2325

Mortgage

Document Number	0005330965
Date	Jun 6, 2017
Instrument	5330965

Lender

Name	BANK OF AMERICA
Type	Bank
Address	101 N TRYON ST 1 INDEPENDENCE, CHARLOTTE, NC 28255

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Dane County assessment roll, as of March 16, 2026

Property Jurisdictions

Type	Name
State	Wisconsin
County	Dane County
Municipality	Madison City
Unified School District	Sun Prairie Area School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill
2022	$217.00

Flood

Source: FEMA National Flood Hazard Layer, effective September 20, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 94% of Wisconsin
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MADISON WATER UTILITY serves 272,000 people · EPA ID WI1130224
Water Source	Groundwater
Last State Inspection	Apr 2023
Lead	2 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Lead service line inventory Oct 2024
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 48 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
LiteWire Fixed Wireless	100 / 25
T-Mobile Fixed Wireless	100 / 20
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: UpNet WI, Verizon.

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