Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1-2 Gray Rd De Forest, WI 53532

    New
    For Sale
    $1,743,000

    5+ Unit Lot - Windsor, WI

    Lot size:
    9.88 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 1-2 Gray Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    multifamil
    APN
    0910-292-8710-1
    Exterior features
    None
    Lot size
    9.88 Acres

    Building Details

    Architectural style
    Other

    Madison Property Management, Inc. (608) 268-4912 [email protected]

    Listing agent Jim Stopple (608) 251-8777

    Listing date Dec 4, 2025

    MLS# 2008738 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity in Windsor, WI

    This 9.883-acre property in Windsor, WI, presents a development opportunity. It is city-approved for a 122-unit multi-family complex. The proposed development includes 12 studios, 48 one-bedroom, and 62 two-bedroom apartments within a 4-story building. Parking includes 22 garage stalls and 162 surface spaces. The property is located at the intersection of Gray Rd & CTH CV, approximately 7 miles from Madison's East Side. City approval is valid until May 23, 2026, with the possibility of an extension. The seller may consider remaining part of the development entity for the approved plans.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Hair Salon Auto Parts Store Bar & Pub Garden Center Electrical Service Electronics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    De Forest
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.342674150848
    Latitude
    43.222747068895

    Nearby Similar for Sale

    • $277,900
      1,032 SF

      DeForest Condo with Peaceful Views

      Spacious 2-bed, 2-bath condo with modern amenities and scenic views.
      4910 Innovation Dr, De Forest, WI 53532
      View Details
    • $2,000,000
      21,800 SF

      DeForest Warehouse with Fenced Yard

      Warehouse with outdoor storage and highway access in DeForest, WI.
      4197 Reardon Rd, De Forest, WI 53532
      View Details
    • $9,800,000
      51,600 SF

      Modern Office Headquarters Building

      51,600 SF office building built in 2021.
      4617 Liuna Way, De Forest, WI 53532
      View Details
    • $219,900

      Storage/Workspace Condos in Windsor-DeForest

      Adaptable 1,500 SF condos perfect for businesses, hobbyists, or storage.
      7645 Grinde Rd, De Forest, WI 53532
      View Details
    • $219,900

      Adaptable Storage/Workspace Condos For Sale

      Spacious, customizable storage/workspace condos perfect for businesses, hobbyists, or enthusiasts.
      7645 Grinde Rd, De Forest, WI 53532
      View Details
    • $215,900

      Deforest Commercial Storage/Workspace Condos For Sale

      Adaptable 1,500 SF storage/workspace condos perfect for businesses, hobbyists, enthusiasts.
      7645 Grinde Rd, De Forest, WI 53532
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 9.883-acre lot approved for 122-unit multi-family complex.
    Where is this residential land & home lot located?
    The property is located at 1-2 Gray Rd De Forest, WI.
    What is the asking price?
    The asking price for this property is $1,743,000.
    What are key features of this property?
    This property features: - City-approved for a 122-unit multi-family complex.; - 9.883-acre property ready for development.; - Strategic location at the intersection of Gray Rd & CTH CV.
    (608) 251-8777
    Request Owner's contact information
    1-2 Gray Rd De Forest, WI 53532
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1-2 Gray Rd
    De Forest, WI 53532
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1-2 Gray Rd De Forest, WI 53532
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.