0 Us-151 Verona, WI 53593
This exceptional 6-12.4 acre parcel in Dane County, Wisconsin, presents a remarkable development opportunity. Located on US Highway 151 in Sun Prairie, this commercially and residentially zoned land boasts unparalleled visibility and access. The property is situated within Prairie Lakes, a thriving 110-acre destination development anchored by major retailers including Target, Costco, Woodman's, Marcus Palace Cinema, and Cabela's. A Hilton Garden Inn and a Menards (270,000 sq ft store plus 150,000 sq ft yard) are also nearby. A concept plan for a 358-unit apartment complex is available for review, showcasing the significant residential potential. Sun Prairie's consistent growth over the past two decades, coupled with the presence of established amenities like Meadow View Elementary School (opened 2018) and the soon-to-be-constructed Hy-Vee grocery store, underscores the area's strong demand. The adjacent parcel, developed by Continental Properties, features a 228-unit apartment community, further demonstrating the viability of residential development in this location. The asking price is $8,250,000. APN: 0810-123-5034-0. This property offers a unique blend of commercial and residential potential in one of Wisconsin's fastest-growing communities. The property is located at US-151, Sun Prairie, WI 53593.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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