302 Thompson Rd Sun Prairie, WI 53590
This exceptional 20.73-acre parcel presents a rare development opportunity in Sun Prairie, Wisconsin's thriving retail corridor. Located at 302 S Thompson Rd, 53590, this agricultural land boasts unparalleled visibility from US Highway 151, ensuring maximum exposure for any commercial venture. The property offers five available outlots, providing flexibility for ground lease or sale options, catering to diverse development needs. Its strategic location benefits from convenient access via Main Street, Thompson Road, and Blue Aster Boulevard, enhancing accessibility and customer convenience. This prime location is further enhanced by its proximity to a new Meijer store and an adjacent new Menard's, creating a synergistic retail environment. The property is available for sale, ground lease, or build-to-suit arrangements, offering investors and developers a range of options to tailor their investment strategy. This is one of the last remaining development opportunities in this high-density retail area, making it a truly exceptional investment prospect. Dane County location provides access to a strong and growing consumer base.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.