Log In/Sign Up
Your email has been sent.
5430 Commercial Ave 0.99 Acres of Residential Land Offered at $897,000 in Madison, WI 53704
INVESTMENT HIGHLIGHTS
- Shared well agreement with The Eagle Crest Bar
- Potential to construct a 4-story building with conditional use approval
- NMX zoning allows for up to 70 units per acre
- Existing paved access from Commercial Ave
EXECUTIVE SUMMARY
Future land use under the Northeast Area Plan to be Neighborhood Mixed Use (NMU)
Proposed design concept features a 3-story building, 69 residential units, 1 street-facing retail space and 80 on-site parking stalls.
Seller reserves the right to relocate farmhouse prior to closings at seller's cost and seller reserves the right to remove all interior and exterior from the farmhouse and barn structure prior to closing.
Proposed design concept features a 3-story building, 69 residential units, 1 street-facing retail space and 80 on-site parking stalls.
Seller reserves the right to relocate farmhouse prior to closings at seller's cost and seller reserves the right to remove all interior and exterior from the farmhouse and barn structure prior to closing.
PROPERTY FACTS
| Price | $897,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.99 AC |
| Property Type | Land | ||
| Zoning | SR-V1 - Currently SR-V1 but is proposed to change to MNU | ||
| Price | $897,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.99 AC |
| Zoning | SR-V1 - Currently SR-V1 but is proposed to change to MNU |
1 LOT AVAILABLE
Lot
| Price | $897,000 | Lot Size | 0.99 AC |
| Price Per AC | $906,060.61 |
| Price | $897,000 |
| Price Per AC | $906,060.61 |
| Lot Size | 0.99 AC |
Future land use under the Northeast Area Plan to be Neighborhood Mixed Use (NMX). Easy access to the Eastside of Madison, Sun Prairie, and the new Amazon Distribution Center (4.5 miles). Level lot with excellent drainage.
DESCRIPTION
Future land use under the Northeast Area Plan to be Neighborhood Mixed Use (NMX). Easy access to the Eastside of Madison, Sun Prairie, and the new Amazon Distribution Center (4.5 miles). Level lot with excellent drainage.
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
5430 Commercial Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.