Property profile

5385 W River Rd Waunakee, WI 53597

FOR SALE
Industrial properties
Property ID
US92-1988690
27.4 ac lot
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Waunakee, Wisconsin. Located at 5385 W River Rd, 53597, this property boasts a highly desirable C2 zoning designation, opening doors to a wide range of commercial development possibilities. Its prime location offers unparalleled visibility and convenient access to major transportation arteries, including the Interstate and Highway 113, ensuring excellent connectivity for businesses and customers alike. The property's proximity to the north side of Lake Mendota in Madison is a significant advantage, providing stunning views and proximity to recreational amenities. Enjoy easy access to Westport Marina and Mazanet Marina Boat Launch, adding to the property's appeal and potential for attracting a diverse clientele. The asking price for this expansive tract is $2,178,000. Detailed zoning information is available upon request. This is a rare chance to acquire a substantial commercial land holding in a highly sought-after location with exceptional potential for significant return on investment. Don't miss this opportunity to secure a piece of Dane County's thriving commercial landscape.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 27.4 ac (1,193,544 SF)
Zoning code ETZ
APN 0809-221-9010-0
UPID US92-1988690

Cap rate & NOI

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

Location

5385 W River Rd Waunakee, WI 53597
Waunakee metro Census 11201 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2014
1 recorded transaction
2014
$470,000

Zoning & alternative use

ETZ · Waunakee, WI

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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