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Property profile & analytics
OFF-MARKET
Commercial real estate

302 Thompson Rd Sun Prairie, WI 53590

20.73 ac lot
Property ID
US92-0490987
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 20.73 ac (902,999 SF)
UPID US92-0490987
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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