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    1129 River Rd DeForest, WI 53532

    Sponsored
    For Sale
    $6,240,000

    Exclusive residential development opportunity in Dane County.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 96-acre parcel presents a unique opportunity to develop a highly desirable residential community within the established Conservancy Place master-planned development in DeForest, Wisconsin. Located at 1129 River Road, this land is zoned PDP and offers unparalleled access to natural beauty and recreational amenities. The property is part of the final residential neighborhood within Conservancy Place, a 650-acre community featuring five distinct residential areas and a commercial hub known as Innovation Springs. The site boasts extensive frontage along the Yahara River, providing breathtaking views and the potential for numerous lots with walk-out basement opportunities. Rolling terrain adds to the desirability, creating a truly exclusive setting. Conservancy Place includes over three miles of river frontage, over 200 acres of conservancy land, and four miles of year-round walking and biking trails. Residents will also enjoy proximity to a 26-acre sports complex with baseball/softball diamonds and football/soccer fields, frequently used for local and regional events. This is a rare opportunity to create a low-traffic, high-end residential neighborhood in a highly sought-after Dane County location. The property's unique features and prime location within Conservancy Place make it an exceptional investment. The asking price is $6,240,000. For more information regarding the Conservancy Place development, please visit their website. The zip code is 53532.

    Property Features for 1129 River Rd

    General Information

    Property type
    Land
    Lot Size
    4,181,760 SF
    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 Hair Salon Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    DeForest
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3628117
    Latitude
    43.2395312

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    FAQs

    What type of property is this?
    Land - Exclusive residential development opportunity in Dane County.
    Where is this land located?
    The property is located at 1129 River Rd DeForest, WI.
    What is the asking price?
    The asking price for this property is $6,240,000.
    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
    1129 River Rd DeForest, WI 53532
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