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    3328 Nelson Rd Sun Prairie, WI 53590

    Sponsored
    For Sale
    $50,000

    297 Acres, Prime Location, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 297-acre vacant land parcel presents a remarkable investment opportunity in Sun Prairie, Wisconsin. Located on Nelson Road, near the intersection of Reiner Road and American Parkway, this property enjoys a prime location poised for significant growth. The land is zoned for residential use and offers a unique blend of natural features, including ponds, extensive tree stands, and expansive grasslands, providing potential for diverse development projects. The City of Madison Reiner Neighborhood Plan, finalized in 2023, supports future development in this area, ensuring a strong foundation for long-term growth. The asking price is $50,000 for the entire parcel, translating to $50,168 per acre. The owner is open to subdividing the land to accommodate specific project needs. This property's strategic location, combined with its natural beauty and promising demographics, makes it an ideal site for commercial or residential development. The surrounding area boasts a substantial population and strong average household income, further enhancing the investment potential. This is a rare opportunity to acquire a large, versatile tract of land in a rapidly developing area of Dane County.

    Property Features for 3328 Nelson Rd

    General Information

    Property type
    Land
    Lot Size
    12,937,320 SF

    HighLights

    • 297‑acre vacant land parcel in Sun Prairie, WI, on Nelson Road near Reiner Road and American Parkway.
    • Zoned for residential use, with ponds, trees, and grasslands.
    • $50,000 total price ($50,168/acre); owner will consider subdividing.
    • Supported by the 2023 City of Madison Reiner Neighborhood Plan.
    • Strong demographics with high population and average household income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Gym & Fitness Department Store Storage Facility Bar & Pub HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Sun Prairie
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.2582626
    Latitude
    43.1435378

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    FAQs

    What type of property is this?
    Land - 297 Acres, Prime Location, Development Ready
    Where is this land located?
    The property is located at 3328 Nelson Rd Sun Prairie, WI.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: 297-acre vacant land parcel in Sun Prairie, WI, on Nelson Road near Reiner Road and American Parkway.; Zoned for residential use, with ponds, trees, and grasslands.; $50,000 total price ($50,168/acre); owner will consider subdividing.
    (608) 209-9990
    Request Owner's contact information
    3328 Nelson Rd Sun Prairie, WI 53590
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    Sun Prairie, WI 53590
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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
    3328 Nelson Rd Sun Prairie, WI 53590
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