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1208 E Broadway Monona, WI 53716

Commercial real estate Google Maps
0.41 ac lot
Entity Owned Free & Clear
Estimated value (blended)
$295k
Range $266k – $325k (±10%)
Property ID US92-0549601

Property summary

AI-generated overview

Exceptional opportunity to acquire 3.73 acres of commercially zoned land in Monona, Wisconsin. This property comprises three contiguous parcels (2.01, 1.31, and 0.41 acres) offering high visibility at the intersection of East Broadway and South Stoughton Road. Its strategic location provides excellent access to Beltline Highway 12/18, being near the first lit intersection off the highway, ensuring significant traffic exposure for any development. The land is situated within a Tax Incremental District, potentially offering advantageous tax benefits. A certified survey map is available for review. The sale price is $13.95 per square foot. This prime location presents a rare chance to develop a thriving commercial venture in a high-traffic area with excellent visibility and access to major transportation routes. The property's zoning allows for a wide range of commercial uses, making it an attractive investment for businesses seeking a prominent location in a growing community. Don't miss this chance to secure this exceptional commercial land opportunity in Dane County. Contact us today to learn more.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.41 ac (17,860 SF)
APN 0710-281-2240-2
UPID US92-0549601

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2026
4 recorded transactions
2026
$133,200
2023
Price N/A
2015
$6,601
2015
$185,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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