4861 Lacy Rd, Madison, WI 53711
This exceptional 1-acre residential land parcel in Dane County, Wisconsin, presents a unique investment opportunity. Located at 4861 Lacy Rd, Madison, WI 53711, and conveniently situated near the cross street of 4861 Lacy Rd, this property boasts a total building square footage of 985 square feet, with 98 square feet currently vacant. The property features two parking spaces and readily available power. The land offers excellent frontage. Taxes are assessed at $20.50 per square foot. This single-tenant property is ideal for developers or investors seeking a prime location in a desirable Madison neighborhood. The property's existing structure offers potential for renovation or redevelopment, allowing for significant value appreciation. Its convenient location provides easy access to local amenities, schools, and shopping, making it an attractive proposition for a variety of uses. The existing building provides a solid foundation for future development plans, while the ample land area allows for expansion or the construction of new structures. This is a rare opportunity to acquire a well-located residential property in a thriving market. The property's potential for growth and its strategic location make it a compelling investment. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.