1050 Edge Trl, Verona, WI 53593-2006
- Commercial real estate
- 1.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1050 Edge Trl
- Lot size
- 1.50 lot acres
- Property type
- Commercial real estate
- APN
- 0608-104-4507-2
- APU
- 60810445072
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 4, 2026 | — | Argus-verona LLC | — | Deed · related | $10.7M · Nicolet National Bank |
| May 1, 2026 | — | Argus-verona LLC | — | Deed · related | $10.7M · Nicolet National Bank |
| Oct 1, 2025 | $1,540,000 | The Argus Verona LLC | Grg Development LLC | Warranty Deed | — |
| Dec 26, 2017 | — | Grg Dev LLC | — | Deed · related | $14k · Summit Cu |
| Feb 22, 2017 | — | Grg Dev LLC | — | Deed · related | $1.4M · Summit FCU |
| Sep 6, 2016 | $836,900 | Grg Development LLC | 1050 N Edge Trail LLC | Warranty Deed | — |
| Nov 6, 2008 | — | 1050 North Edge Trail LLC | Divelbiss,richard J | Quit Claim Deed · related | — |
| May 20, 2004 | $985,000 | Capitol Real Estate III LLC | Bank Of Verona | Warranty Deed | — |
| — | — | Grg Dev LLC | — | Loan Modification · related | $1.4M · Summit FCU |
| — | — | Grg Dev LLC | — | Deed Of Trust · related | $14k · Summit Cu |
Description
This exceptional redevelopment opportunity presents a 1.5-acre site in Verona, Wisconsin, ideally located at 1050 N Edge Trail, zip code 53593. The property, zoned Suburban Commercial (SC), boasts high visibility along North Main Street and is surrounded by thriving local businesses, schools, and parks. Currently featuring a single, four-story, 6,457 square foot building constructed in 2000, the site offers significant potential for redevelopment. The existing structure includes 64 apartment units and 67 parking spaces. This prime location in Dane County offers investors a chance to capitalize on the strong demand for multifamily housing in the area. Detailed site surveys and existing building floor plans are available upon request. The asking price for this unique investment property is $1,995,000. This multifamily project presents a compelling opportunity to create a thriving residential community in a desirable location. The property's existing infrastructure provides a solid foundation for a successful redevelopment project. The high visibility and convenient location make this an attractive investment for experienced developers seeking a high-return opportunity. The substantial lot size allows for flexibility in design and development plans.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Verona
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.5329
- Latitude
- 43.0027
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
