12 County Hwy M And Cty Hwy Verona, WI 53593
This exceptional 5.01-acre commercial land parcel in Verona, Wisconsin, presents a prime development opportunity. Located at Lot 12 County Highway M and Cty Hwy PB, this property boasts high visibility due to its location kitty-corner from the new Verona Costco and its proximity to Highway 18/151, ensuring significant traffic exposure. Zoned for Suburban Commercial use, it's ideally suited for a fast-food restaurant, small retail center, or other commercial development. While the total acreage is 5.01 acres, a 42-foot highway setback on the north, east, and south sides reduces the usable land to approximately 3.6 acres. This high-traffic area offers excellent accessibility from County Road PB and County Road M. Nearby established businesses include Hyatt Place Hotel, Sugar River Pizza Company, Wisconsin Brewing Company, Kwik Trip, Crossfit Adept, North and South Seafood Smokehouse, and El Charro Mexican Restaurant, creating a vibrant and thriving commercial environment. The asking price is $2,000,000, with a land value of $9.18 per square foot. This is an exceptional chance to capitalize on a strategic location and build a successful commercial venture. The property's zip code is 53593.
Cap rate
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Property description
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