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Property profile & analytics
OFF-MARKET
Land

3841 Washington Ave Madison, WI 53714

Property ID
Property summary
AI-generated overview

Exceptional commercial land opportunity in Madison, Wisconsin, presents two outlots totaling 38,572 to 45,491 square feet. Strategically located on East Washington Avenue at 3841 E Washington Ave, 53714, in Dane County, this property boasts a prime location within the regional East Towne Mall trade area. Benefit from high visibility and accessibility, situated adjacent to a Hy-Vee grocery store and a significant 190-unit apartment redevelopment project. The site offers convenient access to a traffic light at Lien Road, ensuring easy ingress and egress for customers and employees. Furthermore, its proximity to I-90 provides excellent regional connectivity. This exceptional offering is enhanced by its inclusion in a Transit-Oriented Development (TOD) overlay, presenting significant long-term development potential. The asking price for this rare opportunity is $22 million. This is an ideal location for businesses seeking high traffic volume and strong regional draw. Don't miss this chance to secure a prominent position in a thriving Madison commercial corridor.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Howard Johnson Plaza by Wyndham Madison Hotel & Motel
  • Madison Plaza Hotel Hotel & Motel
  • Credit Repair Financial Advisor
  • Ultimate Tax & Accounting Group Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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