For Sale
$329,900

6843 Yellowwood LnDeForest, WI 53532

1.5-Acre Parcel, 24-Unit Condo Approval

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.5-acre parcel in DeForest, Wisconsin, presents a prime opportunity for multifamily development. Located at 6843 Yellowwood Ln, 53532, this property boasts pre-approval from the Village of DeForest for the construction of a 24-unit condominium complex. The approved plan allows for various configurations, including one 12-unit building (two attached six-unit structures) and two six-unit buildings, or four separate six-unit buildings, according to the seller. This development seamlessly integrates with an existing HOA, providing immediate access to established community amenities and infrastructure. Forty similar condo units have already been successfully completed within the HOA, demonstrating market demand and feasibility. Utilities, including water, sewer, and electricity, are conveniently located at the street. Detailed plat maps and approval documents are available for review. The seller is open to exploring potential partnerships and flexible terms for those interested in collaborating on the development and construction phases of this promising project. The property is zoned PUD (Planned Unit Development) and is listed at $329,900. This is a rare opportunity to capitalize on a pre-approved development plan in a thriving Wisconsin community.

Highlights

  • High-traffic location with excellent visibility.
  • Ample on-site parking available for tenants and customers.
  • Recently renovated interior with modern finishes and updated systems.
  • Flexible floor plans adaptable to various business needs.
  • Competitive lease rates and flexible lease terms.
  • Strong tenant base with long-term leases.

Property Details for 6843 Yellowwood Ln

Property type
Land
Lot Size (sq. ft)
65,340 SF

Location Insight

City
DeForest
County
Dane
State
Wisconsin
Latitude
43.221231
Longitude
-89.355915
6843 Yellowwood Ln, DeForest, Wisconsin

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6843 Yellowwood Ln
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