Listing Provided Courtesy Of:
Madison Property Management, Inc.
Address
4605 Sprecher Rd Madison, WI
Price
$ 1,250,000
Property Attributes
  • MLS#1873462
  • TypeLand
  • CountyDANE
  • CityMadison
  • AreaMADISON - C E11
  • Zip53718
  • Style
  • Taxes4253
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5 Acres
Listing Provided Courtesy Of:
Madison Property Management, Inc.
Property Description

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.

Elementary School Middle School High School
Kennedy Elementary School Whitehorse Middle School Lafollette High School
Price History
12/9/2019 Listed $1,250,000

General Features

Class Lots & Acreage
Directions Milwaukee St. to Sprecher Rd
Open House Date No
School District Madison
Street Name SPRECHER RD
Tax Year 2018
Zoning RR-4

Interior Features

Photo Count 4

Exterior Features

Lot Description Corner
Lot Size Area 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 53718

Price
AVG $810K
$1.25M
Taxes
AVG $2,793
$4,253
Visits
AVG 13
65

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