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    5396 King James Way Madison, WI 53719

    Sponsored
    For Sale
    $905,000

    Prime Madison Retail Land, $905,000

    Property size:
    67,954 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.56-acre parcel, located at 5396 King James Way in Madison, Wisconsin (zip code 53719), presents a rare investment opportunity. The property, zoned BH (Highway Business District), boasts a substantial 67,954 square feet and is priced at $905,000, or $13.32 per square foot. Situated along the newly reconstructed Verona Road, this site offers unparalleled visibility and accessibility, benefiting from its prominent location at the exit ramp leading into Fitchburg's thriving retail corridor. Anchored by a Super Target and diverse retail and service businesses, this location ensures high traffic volume and strong consumer demographics. The property's adjacency to a newly constructed office building suggests potential for a similar-scale development, capitalizing on the area's robust growth. This is a unique chance to acquire a significant retail land parcel in a high-demand area within Dane County, Wisconsin, specifically within Tax Increment District 6. The property's size and location make it ideal for a variety of retail developments.

    Property Features for 5396 King James Way

    General Information

    Property type
    Lifestyle centers
    Square Feet
    67,954 SF
    Lot Size
    67,954 SF

    HighLights

    • Price: $905,000
    • Lot Size: Approximately 1.56 acres (67,853 square feet)
    • Zoning: BH (Highway Business District)
    • Located in Tax Increment District 6
    Property Profile Location Intelligence

    Current Use by Public Records

    Comforting Nursing Solutions Home Health Care Service

    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
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.4731838
    Latitude
    43.0163079

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Madison Retail Land, $905,000
    Where is this lifestyle center located?
    The property is located at 5396 King James Way Madison, WI.
    What is the asking price?
    The asking price for this property is $905,000.
    What are key features of this property?
    This property features: Price: $905,000; Lot Size: Approximately 1.56 acres (67,853 square feet); Zoning: BH (Highway Business District)
    Request Owner's contact information
    5396 King James Way Madison, WI 53719
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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
    5396 King James Way Madison, WI 53719
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