Property profile

3539 WASHINGTON AVE Madison, WI 53704

OFF-MARKET
Commercial land
Property ID
US92-Q070913
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Property summary

AI-generated overview

The property is a 2.01-acre parcel located on the corner of East Washington Avenue and Highway 51/N. Stoughton Road. The parcel’s future land use is designated for low-medium density housing, and it has been described as potentially capable of supporting approximately 80–100 apartment units, subject to municipal approvals. The site is zoned CCT and is positioned to support redevelopment of an older commercial corridor into a denser, mixed-use environment. It is situated along two heavily traveled corridors (E. Washington Ave and Highway 51/N. Stoughton Road), and planned future DOT roadway improvements are expected to provide for multiple entry points. The property is also located near the East Towne Trade Area, offering proximity to nearby national and regional retail amenities.

Property profile

Verified
Property type Commercial land
UPID US92-Q070913

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop

Location

3539 WASHINGTON AVE Madison, WI 53704
Madison metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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