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    5385 River Rd Waunakee, WI 53597

    For Sale
    $2,178,000

    10 Acres, Prime C2 Zoning, $2.178M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Waunakee, Wisconsin. Located at 5385 W River Rd, 53597, this property boasts a highly desirable C2 zoning designation, opening doors to a wide range of commercial development possibilities. Its prime location offers unparalleled visibility and convenient access to major transportation arteries, including the Interstate and Highway 113, ensuring excellent connectivity for businesses and customers alike. The property's proximity to the north side of Lake Mendota in Madison is a significant advantage, providing stunning views and proximity to recreational amenities. Enjoy easy access to Westport Marina and Mazanet Marina Boat Launch, adding to the property's appeal and potential for attracting a diverse clientele. The asking price for this expansive tract is $2,178,000. Detailed zoning information is available upon request. This is a rare chance to acquire a substantial commercial land holding in a highly sought-after location with exceptional potential for significant return on investment. Don't miss this opportunity to secure a piece of Dane County's thriving commercial landscape.

    Property Features for 5385 River Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $2,178,000 asking price.
    • 10‑acre commercial land parcel.
    • C2 zoning.
    • Located in Waunakee, WI, at 5385 W River Rd, 53597.
    • High visibility near I‑90/94 and Highway 113.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Waunakee
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.408058
    Latitude
    43.157244

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    FAQs

    What type of property is this?
    Land - 10 Acres, Prime C2 Zoning, $2.178M
    Where is this land located?
    The property is located at 5385 River Rd Waunakee, WI.
    What is the asking price?
    The asking price for this property is $2,178,000.
    What are key features of this property?
    This property features: $2,178,000 asking price.; 10-acre commercial land parcel.; C2 zoning.
    (414) 273-0880
    Request Owner's contact information
    5385 River Rd Waunakee, WI 53597
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    Waunakee, WI 53597
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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
    5385 River Rd Waunakee, WI 53597
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