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6200 Mineral Point Rd 0.73 Acres of Commercial Land Offered at $2,075,000 in Madison, WI 53705
Executive Summary
Oakbrook Corporation is pleased to present for sale the land and building located at 6200 Mineral Point Road (“the Property”). The Property presents an excellent opportunity for redevelopment in one of Madison’s most active commercial corridors. The Property is currently zoned CC-T (Commercial Corridor—Transitional). CC-T allows mixed-use development of up to 5 stories or 78 feet in height within the Transit-Oriented Development Overlay District, so no zoning change is required in order to develop an apartment project with a small commercial component. Pursuing a zoning change is also an option depending on the developer’s goals. The City of Madison Comprehensive Plan calls for a future land use of CMU (Community Mixed Use). This aligns with a potential rezoning to MXC (Mixed Use Center District), which may support additional or larger units and a slightly simpler design.
The Property’ is located in the heart of Madison’s thriving west side, ideally positioned to attract a wide range of apartment renters seeking convenience, being close to employers and retail, and having a short commute to Verona, Middleton, Fitchburg, Downtown Madison and the Beltline. The site is situated on the Bus Rapid Transit line, with quick access to University Hospital, Downtown Madison, and points further east. It is also within walking distance of major employers such as Exact Sciences, Illumina and UW Health at the University Research Park, along with others nearby including Tru-Stage and Oakwood Village.
The Property’ is located in the heart of Madison’s thriving west side, ideally positioned to attract a wide range of apartment renters seeking convenience, being close to employers and retail, and having a short commute to Verona, Middleton, Fitchburg, Downtown Madison and the Beltline. The site is situated on the Bus Rapid Transit line, with quick access to University Hospital, Downtown Madison, and points further east. It is also within walking distance of major employers such as Exact Sciences, Illumina and UW Health at the University Research Park, along with others nearby including Tru-Stage and Oakwood Village.
Property Facts
| Price | $2,075,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.73 AC |
| Property Type | Land | ||
| Zoning | CC-T - Commercial Corridor - Transitional | ||
| Price | $2,075,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.73 AC |
| Zoning | CC-T - Commercial Corridor - Transitional |
1 Lot Available
Lot
| Price | $2,075,000 | Lot Size | 0.73 AC |
| Price Per AC | $2,842,465.75 |
| Price | $2,075,000 |
| Price Per AC | $2,842,465.75 |
| Lot Size | 0.73 AC |
Previously developed land with an office building and parking lot on it. In a prime location for redevelopment.
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0708-244-1310-1 | Improvements Assessment | $1,503,900 |
| Land Assessment | $429,000 | Total Assessment | $1,932,900 |
Property Taxes
Parcel Number
0708-244-1310-1
Land Assessment
$429,000
Improvements Assessment
$1,503,900
Total Assessment
$1,932,900
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6200 Mineral Point Rd
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