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    OFF-MARKET
    Land

    4861 Lacy Rd, Madison, WI 53711

    985 SF 1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Total area 985 SF
    Lot 1 ac (43,560 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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