649 Cork XingCottage Grove, WI 53527

  • Other commercial real estate
  • 2.88 AC
For Sale
$595,000 View listing

Property Details for 649 Cork Xing

Lot size
2.88 AC
Property type
Other 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.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,882,806
    Hospitality
    $23,708,510
    Educational
    $19,725,202
    Medical
    $20,403,582
    Retail
    $30,683,648
649 Cork Xing, Cottage Grove, Wisconsin
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Location Insight

City
Cottage Grove
County
Dane
State
Wisconsin
Latitude
43.0902
Longitude
-89.219
CBSA code
31540
CBSA name
MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,658
$375,700
-
$375,700
-
-
-
$460,400

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