4605 Sprecher Rd, Madison

$1,250,000

0 Beds
0 Baths
0 Sqft
5 Acres
0 Garages

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.

Madison Property Management, Inc..

Essential Information
Status Active
Detailed Status Active
Days on Market 171
MLS® # 1873462
Price $1,250,000
Acres 5.00
Price Per Acre $250,000
Type Lots & Acreage
Assessed Value $93,500
Year Assesed 2019
Net Taxes $4,253
Tax Year 2018
Utilities Natural gas, Electricity, Telephone, Cable
Zoning RR-4
Type City, 5+ Unit Lot, Other
Description Corner
Community Information
Address 4605 Sprecher Rd
MLS® Area MADISON - C E11
City Madison
County Dane
State WI
Zip Code 53718
Amenities
Is Waterfront No
Golf Course No
School Information
District Madison
Elementary Kennedy
Middle Whitehorse
Parcel Information
Specific Builder Required No
Utilities Available to Lot Natural gas, Electricity, Telephone, Cable
Water System Well on site
Waste System Other
Road Other
Improvements Driveway, None
Additional Information
Zoning RR-4
Short Sale No
REO / Bank Owned No
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 05/28/2020.

Copyright 2020 – (South Central Wisconsin MLS) – All Rights Reserved

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