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    3730 Manistee Way Verona, WI 53593

    Sponsored
    For Sale
    $1,650,000

    Prime Dane County commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.9-acre commercial lot presents a rare investment opportunity in the thriving Town of Middleton, Wisconsin. Located at 3730 Manistee Way, Verona, WI 53593, this property boasts a highly desirable GC zoning designation. Its strategic location on Mineral Point Road ensures exceptional visibility and accessibility. The land is situated adjacent to a golf course, providing a tranquil and attractive setting, while also being conveniently close to a gas station and a school, catering to a wide range of potential businesses and clientele. Surrounded by established and popular residential subdivisions, this site benefits from a strong existing residential base and high traffic volume. The asking price for this remarkable parcel is $1,650,000. This presents a unique chance to acquire a substantial piece of commercial real estate in a rapidly growing area with significant development potential. The property's prime location and zoning make it suitable for a variety of commercial uses, offering investors a compelling opportunity for long-term growth and return. Don't miss this chance to secure a piece of Dane County's vibrant commercial landscape.

    Property Features for 3730 Manistee Way

    General Information

    Property type
    Land

    HighLights

    • $1,650,000 asking price for commercial land.
    • 5.9‑acre commercial lot in Verona, WI, zoned GC.
    • Located on Mineral Point Road, near a golf course, gas station, and school.
    • High visibility and surrounded by established residential subdivisions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Auto Repair Shop Food Market Grocery Store Cafe & Coffee Shop Chinese Restaurant Farmer's Market Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Verona
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.584017
    Latitude
    43.059159

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    FAQs

    What type of property is this?
    Land - Prime Dane County commercial lot, ideal for development.
    Where is this land located?
    The property is located at 3730 Manistee Way Verona, WI.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: $1,650,000 asking price for commercial land.; 5.9-acre commercial lot in Verona, WI, zoned GC.; Located on Mineral Point Road, near a golf course, gas station, and school.
    Request Owner's contact information
    3730 Manistee Way Verona, WI 53593
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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
    3730 Manistee Way Verona, WI 53593
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