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    6512 Kilpatrick Ln Madison, WI 53718

    Sponsored
    For Sale
    Contact for pricing

    Prime Dane County location, ideal for multi-family development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.47-acre commercial land parcel, located at 6512 Kilpatrick Ln, Madison, WI 53718 (APN 0710-122-2302-1), presents a unique investment opportunity. Zoned TR-U1, it's perfectly suited for a variety of uses, including multi-family residential, assisted living facilities, or neighborhood commercial ventures such as daycare centers. The seller possesses conceptual plans for approximately 58 units, showcasing the site's significant development potential. This prime location is experiencing substantial growth, surrounded by several new developments that enhance the area's appeal and desirability. Further bolstering its value is the planned reconfiguration of Sprecher Rd, promising improved connectivity and accessibility. The property benefits from strong demographics, with a population of 18,647 within a 5-minute drive and an average household income of $117,686, indicating a robust market for residential and commercial projects. This is a rare chance to acquire a sizable, well-located parcel in a thriving area of Dane County, Wisconsin. Don't miss this opportunity to capitalize on the significant growth and potential of this exceptional property.

    Property Features for 6512 Kilpatrick Ln

    General Information

    Property type
    Land
    Lot Size
    107,593 SF

    HighLights

    • 2.47‑acre commercial land parcel ideal for multi‑family, assisted living, or neighborhood commercial uses (daycare, etc.).
    • Seller possesses conceptual plans for approximately 58 units.
    • Prime location in a rapidly developing area with numerous new constructions.
    • Planned Sprecher Rd reconfiguration will improve access and connectivity.
    • Strong demographics: 18,647 residents within a 5‑minute drive, average household income $117,686.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.26621
    Latitude
    43.086673

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    FAQs

    What type of property is this?
    Land - Prime Dane County location, ideal for multi-family development.
    Where is this land located?
    The property is located at 6512 Kilpatrick Ln Madison, WI.
    What are key features of this property?
    This property features: 2.47-acre commercial land parcel ideal for multi-family, assisted living, or neighborhood commercial uses (daycare, etc.).; Seller possesses conceptual plans for approximately 58 units.; Prime location in a rapidly developing area with numerous new constructions.
    (414) 253-3950
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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
    6512 Kilpatrick Ln Madison, WI 53718
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