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    221 Horizon Dr Verona, WI 53593

    Sponsored
    For Sale
    $625,000

    Last Vacant Lot in Verona Commercial Park

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.43-acre lot, located at 221 Horizon Drive in Verona, Wisconsin (APN 0608-151-7216-6), presents a unique investment opportunity. Situated within the Verona Commercial Park, this is the last remaining vacant lot, offering significant potential for development. The property is zoned SBI, allowing for a variety of permitted uses including office space, indoor storage, wholesaling, light industrial operations, public storage facilities, and utilities. Furthermore, it also accommodates passive or active outdoor public recreation. The flexible zoning also opens doors to conditional use permits for a wider range of businesses, such as group daycare centers, personal storage facilities, and distribution centers. This prime location in Dane County, Wisconsin, offers easy access to major transportation routes and a thriving local economy, making it an ideal site for a diverse range of commercial ventures. The asking price for this exceptional property is $625,000. Don't miss this chance to secure the last available lot in this highly sought-after commercial park. Contact us today to learn more about this exciting opportunity.

    Property Features for 221 Horizon Dr

    General Information

    Property type
    Land
    Lot Size
    62,291 SF

    HighLights

    • $625,000 asking price for 1.43‑acre lot.
    • Located at 221 Horizon Dr, Verona, WI 53593 (APN: 0608‑151‑7216‑6).
    • Last remaining vacant lot in Verona Commercial Park.
    • Zoned for various uses including office, light industrial, storage, and outdoor recreation.
    • Conditional use permits available for daycare, personal storage, and distribution centers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Verona
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.525518
    Latitude
    42.995891

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Last Vacant Lot in Verona Commercial Park
    Where is this land located?
    The property is located at 221 Horizon Dr Verona, WI.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price for 1.43-acre lot.; Located at 221 Horizon Dr, Verona, WI 53593 (APN: 0608-151-7216-6).; Last remaining vacant lot in Verona Commercial Park.
    Request Owner's contact information
    221 Horizon Dr 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
    221 Horizon Dr Verona, WI 53593
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