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    12 County Hwy M And Cty Hwy Verona, WI 53593

    Sponsored
    For Sale
    $2,000,000

    5-Acre Commercial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 5.01-acre commercial land parcel in Verona, Wisconsin, presents a prime development opportunity. Located at Lot 12 County Highway M and Cty Hwy PB, this property boasts high visibility due to its location kitty-corner from the new Verona Costco and its proximity to Highway 18/151, ensuring significant traffic exposure. Zoned for Suburban Commercial use, it's ideally suited for a fast-food restaurant, small retail center, or other commercial development. While the total acreage is 5.01 acres, a 42-foot highway setback on the north, east, and south sides reduces the usable land to approximately 3.6 acres. This high-traffic area offers excellent accessibility from County Road PB and County Road M. Nearby established businesses include Hyatt Place Hotel, Sugar River Pizza Company, Wisconsin Brewing Company, Kwik Trip, Crossfit Adept, North and South Seafood Smokehouse, and El Charro Mexican Restaurant, creating a vibrant and thriving commercial environment. The asking price is $2,000,000, with a land value of $9.18 per square foot. This is an exceptional chance to capitalize on a strategic location and build a successful commercial venture. The property's zip code is 53593.

    Property Features for 12 County Hwy M And Cty Hwy

    General Information

    Property type
    Land
    Lot Size
    218,236 SF

    HighLights

    • $2,000,000 asking price.
    • 5.01‑acre commercial land parcel in Verona, WI.
    • Suburban Commercial zoning.
    • $9.18/SF land value.
    • High‑visibility corner lot near Hwy 18/151, with excellent access and high traffic volume.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Verona
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5686271
    Latitude
    42.999243

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    FAQs

    What type of property is this?
    Land - 5-Acre Commercial Lot, High Visibility
    Where is this land located?
    The property is located at 12 County Hwy M And Cty Hwy Verona, WI.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price.; 5.01-acre commercial land parcel in Verona, WI.; Suburban Commercial zoning.
    (608) 443-1023
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    12 County Hwy M And Cty Hwy 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
    12 County Hwy M And Cty Hwy Verona, WI 53593
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