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Highway 151 - Development Land at Brooks Drive & Grand Ave 12.4 Acres of Commercial Land Offered at $8,250,000 in Sun Prairie, WI 53590
INVESTMENT HIGHLIGHTS
- The City of Sun Prairie has been one of the fastest growing communities in the state of Wisconsin over the past two decades.
- Further north along Grand Avenue, Meadow View Elementary School opened in 2018 to satisfy the growing residential area.
- Further north of the Parcel, Menards has opened a 270,000 square foot store with a building supply yard of 150,000 square feet.
- Prairie Lakes is the Greater Madison’s newest regional shopping area with 110 acres of shopping, hotels, and residential destination development.
EXECUTIVE SUMMARY
Site could be developed for large format retail, high density multi-family, or other commercial / residential uses. Previous prospect had planned a 358-unit apartment project for this site.
PROPERTY FACTS
| Price | $8,250,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.40 AC |
| Property Type | Land | ||
| Zoning | Commercial | ||
| Price | $8,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 12.40 AC |
| Zoning | Commercial |
1 LOT AVAILABLE
Lot 1
| Price | $8,250,000 | Lot Size | 12.40 AC |
| Price Per AC | $665,322.58 |
| Price | $8,250,000 |
| Price Per AC | $665,322.58 |
| Lot Size | 12.40 AC |
Zoning for this parcel is flexible based on discussions with Sun Prairie staff. The most likely future uses are high-density multi-family, retail, or entertainment.
DESCRIPTION
Near Prairie Lakes - the Greater Madison’s newest regional shopping area. The area consists of a 110 acre shopping, hotel, restaurant and residential destination development. Target, Costco, Woodman’s Grocery Store, Marcus Palace Cinema, and Cabela’s anchor the development. A 124 room Hilton Garden Inn opened last year in Prairie Lakes.
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Highway 151 - Development Land at Brooks Drive & Grand Ave
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