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    1500 S Madison St Lancaster, WI 53813

    For Sale
    $150,000

    City - Lancaster, WI

    Lot size:
    1.29 Acres
    Days on Market:
    185
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 1500 S Madison St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    APN
    246-01576-0015
    Exterior features
    None
    Lot size
    1.29 Acres

    Building Details

    Architectural style
    Other

    Wisconsin.Properties (608) 778-0996 [email protected]

    Listing agent Paul Halberg (608) 512-0104

    Listing date Jun 6, 2025

    MLS# 2000964 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

    Lancaster Commercial Land Opportunity

    This is a 1.29-acre level lot zoned C-1 General Business/Commercial. It is located directly on the main highway into Lancaster, Wisconsin. Utilities are readily available, including electric, natural gas, municipal water and sewer, cable, and internet. The property is ready to build. A billboard on the property generates $200 per year, and the lease can be cancelled with 90 days’ notice.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Grant
    State
    Wisconsin
    Longitude
    -90.707377923943
    Latitude
    42.834267653751

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    FAQs

    What type of property is this?
    Commercial land - 1.29 acre commercial lot ready to build.
    Where is this commercial land located?
    The property is located at 1500 S Madison St Lancaster, WI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - 1.29 Acre Level Lot Zoned C-1 General Business / Commercial; - Ready to Build on Main Highway into Town; - Utilities Readily Available: Electric, Natural Gas, Municipal Water & Sewer, Cable, Internet
    (608) 512-0104
    Request Owner's contact information
    1500 S Madison St Lancaster, WI 53813
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    Lancaster, WI 53813
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    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
    1500 S Madison St Lancaster, WI 53813
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