127 Dayton St Watertown, WI 53094
- Commercial real estate
- 12.97 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 127 Dayton St
- Lot size
- 12.97 lot acres
- Property type
- Commercial real estate
- APN
- 291-0815-0521-007
- APU
- 29108150521007
Description
This exceptional 12.97-acre commercial land parcel presents a compelling investment opportunity in Watertown, Wisconsin. Located at 127 Dayton St, this property is zoned MR-8, offering significant potential for high-density development. The site's strategic location provides convenient access to downtown Watertown, catering to the growing community's housing needs. Existing infrastructure includes readily available water and sewer services, streamlining the development process and minimizing upfront costs. The MR-8 zoning allows for a variety of uses, and there's potential for rezoning to MR-10, further expanding development possibilities. This property is ideal for multi-family developers seeking to capitalize on the strong demand for housing in this thriving Wisconsin community. The expansive lot size provides ample space for a substantial project, ensuring a significant return on investment. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a large, well-located parcel in a desirable market. The asking price is $995,000. Jefferson County location, zip code 53094.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $380,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $420,000
- Mixed-Use
- $425,000
- Hospitality
- $370,000
- Educational
- $425,000
- Residential Income
- $350,000
- Energy
- $330,000
- Income-Based Land
- $305,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Jefferson
- State
- Wisconsin
- Longitude
- -88.7449
- Latitude
- 43.1951
- CBSA code
- 48020
- CBSA name
- WATERTOWN-FORT ATKINSON, WI MICROPOLITAN STATISTICAL AREA