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    Us-151 Verona, WI 53593

    Sponsored
    For Sale
    $8,250,000

    Prime US-151 location, high growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6-12.4 acre parcel in Dane County, Wisconsin, presents a remarkable development opportunity. Located on US Highway 151 in Sun Prairie, this commercially and residentially zoned land boasts unparalleled visibility and access. The property is situated within Prairie Lakes, a thriving 110-acre destination development anchored by major retailers including Target, Costco, Woodman's, Marcus Palace Cinema, and Cabela's. A Hilton Garden Inn and a Menards (270,000 sq ft store plus 150,000 sq ft yard) are also nearby. A concept plan for a 358-unit apartment complex is available for review, showcasing the significant residential potential. Sun Prairie's consistent growth over the past two decades, coupled with the presence of established amenities like Meadow View Elementary School (opened 2018) and the soon-to-be-constructed Hy-Vee grocery store, underscores the area's strong demand. The adjacent parcel, developed by Continental Properties, features a 228-unit apartment community, further demonstrating the viability of residential development in this location. The asking price is $8,250,000. APN: 0810-123-5034-0. This property offers a unique blend of commercial and residential potential in one of Wisconsin's fastest-growing communities. The property is located at US-151, Sun Prairie, WI 53593.

    Property Features for 0 Us-151

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • 6‑12.4 acre parcel in Sun Prairie, WI, zoned for commercial and residential use.
    • High‑visibility location on US Highway 151.
    • Part of the thriving Prairie Lakes development, near Target, Costco, Woodman's, and other major retailers.
    • Concept plan for a 358‑unit apartment complex available.
    • Asking price: $8,250,000; APN: 0810‑123‑5034‑0.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Verona
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.26295359
    Latitude
    43.16862534

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    FAQs

    What type of property is this?
    Land - Prime US-151 location, high growth area.
    Where is this land located?
    The property is located at Us-151 Verona, WI.
    What is the asking price?
    The asking price for this property is $8,250,000.
    What are key features of this property?
    This property features: 6-12.4 acre parcel in Sun Prairie, WI, zoned for commercial and residential use.; High-visibility location on US Highway 151.; Part of the thriving Prairie Lakes development, near Target, Costco, Woodman's, and other major retailers.
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    Us-151 Verona, WI 53593
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    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
    Us-151 Verona, WI 53593
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