3328 Nelson Rd Sun Prairie, WI 53590
This exceptional 297-acre vacant land parcel presents a remarkable investment opportunity in Sun Prairie, Wisconsin. Located on Nelson Road, near the intersection of Reiner Road and American Parkway, this property enjoys a prime location poised for significant growth. The land is zoned for residential use and offers a unique blend of natural features, including ponds, extensive tree stands, and expansive grasslands, providing potential for diverse development projects. The City of Madison Reiner Neighborhood Plan, finalized in 2023, supports future development in this area, ensuring a strong foundation for long-term growth. The asking price is $50,000 for the entire parcel, translating to $50,168 per acre. The owner is open to subdividing the land to accommodate specific project needs. This property's strategic location, combined with its natural beauty and promising demographics, makes it an ideal site for commercial or residential development. The surrounding area boasts a substantial population and strong average household income, further enhancing the investment potential. This is a rare opportunity to acquire a large, versatile tract of land in a rapidly developing area of Dane County.
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
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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.