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Property profile & analytics
FOR SALE
Commercial land

2501 E Springs Dr Madison, WI 53704

5,221 SF Built 2014
Property ID
US92-Q069413
Property summary
AI-generated overview

A unique 3.26-acre property positioned in a Commercial Corridor -- Transitional (CCT) zone, with the potential for various uses. Formerly an automotive center, this site now opens the door to innovative development opportunities, offering flexibility to suit diverse community needs. Endless Development Options: With CCT zoning, this site is suitable for a variety of development possibilities, including: Residential: Develop multi-unit housing (5--36+ units), townhomes, or single-family homes, or scale up to 60+ unit mixed-use buildings. Medical Facilities: Perfect for outpatient centers, clinics, or wellness facilities. Retail Sales & Services: A great fit for retail spaces, from boutique shops to essential services. Parking, Storage, and Display Facilities: Ideal for businesses needing secure, accessible storage and display. Transportation & Civic: Great potential for transit-oriented developments or civic institutions. Live-Work Units: Seamlessly integrate residential with workspace for modern urban professionals. This property's size, existing infrastructure, and flexible zoning make it the perfect foundation for a vibrant development that meets the community's evolving needs. Let's discuss how this site can be the launchpad for your next impactful project.This property is more than just a location---it is an opportunity waiting to be seized, ideal for launching or expanding an automotive business. Just half a mile from I-90 and Highway 151, a prime commercial property is ready for a new chapter.

Property profile
Verified
Property type Commercial land
Year built 2014
Total area 5,221 SF
UPID US92-Q069413
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Goben Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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