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    OFF-MARKET
    Churches & religious facilities

    4200 Buckeye Rd, Madison, WI 53716

    Property ID
    US92-0646047
    Property summary
    AI-generated overview

    This exceptional 1.77-acre property in Madison, Wisconsin, presents a unique investment opportunity. Currently housing a church and parsonage, the site offers significant redevelopment potential. The main church building, situated on 1.33 acres (per assessor), features generous open gathering spaces and currently includes a daycare tenant generating rental income. The accompanying parsonage home, located at 4201 Hegg Ave on a separate .44-acre lot (per assessor), adds to the overall value and versatility of the offering. The property boasts a highly desirable location, just 0.25 miles from Lake Monona and directly across from Nuestro Mundo Community School, within the vibrant Monona Drive and Cottage Grove area. The property's zoning allows for redevelopment, making it an ideal site for a variety of uses. The asking price is $1,675,000. This is a rare chance to acquire a substantial property with significant upside in a prime Madison location. The square footage includes the lower level and balcony of both the church and parsonage. Parcel number 071009314122 includes the parsonage home. The total acreage includes both the church and parsonage lots. This property has been on the market for the first time since it was built.

    Property profile
    Verified
    Property type Churches & religious facilities
    UPID US92-0646047
    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
    • Lake Edge United Church of Christ Church
    • Christ the Solid Rock Baptist Church Church
    • Monona Grove Nursery School Vocational School
    • No Worries, LLC Business Service Center
    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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