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 Property Type Lots/Acreage
 Parcel # 071002480001
 County Dane
 Sub Area E11
 Municipality Madison
 MLS# 1873462
 Listing Date 12/09/2019

MLS Public Remarks  5 Acre lot ( aprox. 217,757 sq.ft.) zoned RR-4 available for redevelopment opportunities. Located on the far east side of Madison in the town of Blooming Grove just off Milwaukee St. & Sprecher Rd. The city identifies this corner lot as Medium Residential which generally allows 20-90 units per acre in up to five-story buildings. This would all be subject to the plans for how the density is developed on the parcel. Current asking price is $1,250,000 with an 80/unit development project. If site is approved for over 80 units the asking price of $1,250,000 would be increased by an additional $10,000 per additional unit.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  4605,Sprecher Rd
  • C/T/V  City
  • Directions  Milwaukee St. To Sprecher Rd
  • LOT DESCRIPTION  
  • Subdivision  
  • Number of Lots  1
  • Lot Number  
  • Total Acreage  5.0
  • Wetland Acreage  0.0
  • Pasture Acreage  0.0
  • Tillable Acreage  0.0
  • Wooded Acreage  0.0
  • Source for Acreage  PubR
  • Lot Dimensions  
  • Zoning  RR-4
  • Specific Builder Required  No
  • Ann/Owner Assoc.Dues  
  • Name of Lake/River  
  • Est. Feet of Water Frontage  0
  • WaterFrontage Source  
  • Legal Description  SEC 2-7-10 PRT NE1/4SE1/4 BEG SEC E1/4 C
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Lafollette
  • Middle  Whitehorse
  • Elementary  Kennedy
  • Land Assessment  $93,500
  • Improvements  $0
  • Total Assessment  $93,500
  • Net Taxes  $4,253
  • Assessment Year  2019
  • Tax Year  2018
  • Owner  
  • Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Water System  Well on site
  • Waste Disposal System  Other
  • Waterfront  
  • Utilities Available (To Lot)  Cable, Electricity, Natural gas, Telephone
  • EXTERIOR FEATURES  
  • Type   5+ Unit Lot, City, Other
  • Present Zoning  Multi-family
  • Lot Description  Corner
  • Road  Other
  • Farm Features  
  • Topography  
  • OTHER FEATURES  
  • Special Assessments  
  • Terms  
  • Features  
  • Improvements  Driveway, None
  • Purchase Options  Sell entirely
  • Miscellaneous  
  • Available Information  Aerial photos, Approved plat map, Certified survey



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Madison Property Management, Inc.