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    6242 University Ave Middleton, WI 53562

    Sponsored
    For Sale
    $1,075,000

    Prime 0.995-acre commercial land, Middleton, WI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.995-acre commercial land parcel presents a remarkable infill development opportunity in the highly desirable Middleton, Wisconsin market. Located at 6242 University Avenue, this property boasts 230 feet of frontage along University Avenue, providing excellent visibility and accessibility. Zoned B-1, Office District, the site is ideally suited for a variety of commercial developments. Preliminary estimates suggest the potential for approximately 50 units, making this an attractive investment prospect. The property's location on the busline enhances its appeal and accessibility. The asking price is $1,075,000, translating to a land value of $1,080,402 per acre. Given Middleton's consistently low vacancy rates and strong economic performance, this site offers significant potential for substantial returns. The property is situated in Dane County, Wisconsin, with a zip code of 53562. Its coordinates are 43.0921007 latitude and -89.4884488 longitude. This is a rare opportunity to acquire a prime development site in a thriving Wisconsin community. Don't miss this chance to capitalize on this exceptional location and build a successful commercial venture.

    Property Features for 6242 University Ave

    General Information

    Property type
    Land
    Lot Size
    43,342 SF

    HighLights

    • 0.995‑acre infill development site in Middleton, WI.
    • 230 feet of frontage on University Avenue.
    • Potential for approximately 50 units.
    • Convenient bus line access.
    • Highly desirable Middleton location.
    • Low vacancy rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Middleton
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.4884488
    Latitude
    43.0921007

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    FAQs

    What type of property is this?
    Land - Prime 0.995-acre commercial land, Middleton, WI.
    Where is this land located?
    The property is located at 6242 University Ave Middleton, WI.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: 0.995-acre infill development site in Middleton, WI.; 230 feet of frontage on University Avenue.; Potential for approximately 50 units.
    Request Owner's contact information
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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
    6242 University Ave Middleton, WI 53562
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