649 Cork Xing Cottage Grove, WI 53527
- Commercial real estate
- 2.88 lot acres
Current Use by Public Records
- First Choice Dental / Cosmetic Dentist / Dentist
Property Details for 649 Cork Xing
- Lot size
- 2.88 lot acres
- Property type
- Commercial real estate
- APN
- 0711-081-2414-1
- APU
- 71108124141
Description
This exceptional 2.875-acre commercial lot presents a prime investment opportunity in Cottage Grove, Wisconsin. Located at 649 Cork Crossing, this property boasts a highly desirable Neighborhood Business (NB) zoning designation, allowing for a variety of development options including office, retail, or residential uses. The strategic location offers excellent visibility and accessibility, situated near the heavily trafficked Cottage Grove Road (7,700 AADT), providing convenient access to both downtown Cottage Grove and Madison's east side. The site benefits from a strong demographic profile, with a population exceeding 6,000 and average disposable income over $100,000 within a one-mile radius. This thriving area features established businesses and new residential developments, creating a dynamic and attractive environment for new ventures. The property is situated in the Cottage Grove TIF District and is adjacent to key amenities such as CVS Pharmacy, First Choice Dental Clinic, and Glacial Drumlin School, ensuring high foot traffic and convenient access for potential businesses and residents. The APN is 071108124141. This is a rare opportunity to acquire a substantial commercial lot in a rapidly growing area. The asking price is $595,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $295,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $240,000
- Retail
- $245,000
- Mixed-Use
- $285,000
- Hospitality
- $260,000
- Educational
- $290,000
- Residential Income
- $255,000
- Energy
- $295,000
- Income-Based Land
- $305,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Cottage Grove
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.219
- Latitude
- 43.0902
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA