Multifamily Development
For Sale
$1,225,000
Gray Rd lot 1-2, Windsor, WI 53532
Lots & Acreage, Windsor, WI
Property SizeContact for details
Lot Size9.88 Acres
Days on Market213
Property Features for Gray Rd lot 1-2
General Information
Property type
Land
Property subtype
Other
Zoning
multifamil
Zoning description
Multi-family
Lot features
Corner
Elementary school
Call School District
Middle school
Call School District
High school
Call School District
Elementary school district
DeForest
Middle school district
DeForest
High school district
DeForest
Directions
intersection of Gray Rd & CTH CV
Subdivision
WINDSOR - V
Standard status
Active
APN
0910-292-8710-1
Lot size
9.88 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 1 CSM 15969 CS117/115-118 04/04/2022
Tax Annual Amount
5653
Legal Description
LOT 1 CSM 15969 CS117/115-118 04/04/2022
Listing Agency:
Madison Property Management, Inc.
(608) 251-8777
Listed By:
Jim Stopple · License #9012003
(608) 268-4912
Added: Feb 5
Changed: Aug 20
Last Checked: Sep 6 at 10:06PM
MLS# 2008738
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a ready-to-develop multifamily development site totaling 9.88 acres. The property is city-approved for a 122-unit, four-story apartment building featuring 12 studios, 48 one-bedroom units, and 62 two-bedroom units. The approved plan includes 22 garage parking stalls and 162 surface parking spaces, supporting both resident and guest parking needs.
The site is located in Windsor, Wisconsin at the intersection of Gray Rd and CTH CV, within Dane County. The city approval is in place until May 23, 2026, with the potential for an extension upon request.
For developers and investors seeking an entitlement-backed project, this parcel offers a defined multifamily unit mix and parking layout under current city approval. It is also described as approximately 7 miles from Madison’s East Side, which may support tenant drawing power for a multifamily housing program aimed at that broader market.
The site is located in Windsor, Wisconsin at the intersection of Gray Rd and CTH CV, within Dane County. The city approval is in place until May 23, 2026, with the potential for an extension upon request.
For developers and investors seeking an entitlement-backed project, this parcel offers a defined multifamily unit mix and parking layout under current city approval. It is also described as approximately 7 miles from Madison’s East Side, which may support tenant drawing power for a multifamily housing program aimed at that broader market.
Key Highlights
- 9.883‑acre Windsor, WI site is city‑approved for a 122‑unit multi‑family complex
- Planned 4‑story layout includes 12 studios, 48 one‑bedroom, and 62 two‑bedroom apartments
- Parking plan includes 22 garage stalls and 162 surface parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
122
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
Demographics for 53532, WI
15,962
Population
6,375
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
97%
High-School Grad
54.2 sq mi
ZIP Area
295
Density / Sq Mi
$110,050
Median Household Income
$56,970
Median Earnings
$1,381
Median Rent
$355,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - City-approved for a 122-unit, four-story multifamily complex with substantial parking capacity.
Where is this residential land & home lot located?
The property is located at Gray Rd lot 1-2 Windsor, WI.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: 9.883‑acre Windsor, WI site is city‑approved for a 122‑unit multi‑family complex; Planned 4‑story layout includes 12 studios, 48 one‑bedroom, and 62 two‑bedroom apartments; Parking plan includes 22 garage stalls and 162 surface parking spaces
