4303 Hoepker RdMadison, WI 53704

This exceptional 27.9-acre parcel in Madison, Wisconsin, presents a unique multi-family development opportunity. Located at 4303 Hoepker Rd, Dane County, zip code 53704, this property is situated within the city's Pumpkin Hollow Neighborhood Plan, allowing for a high-density residential development. The plan designates a portion of the land for Housing Mix 2 (up to 16 units per acre) and Housing Mix 3 (up to 40 units per acre), potentially yielding nearly 400 units. While sewer and water are not currently available, the city plans to extend services upon plat approval. Two adjacent parcels are currently undergoing plat approval, with one anticipating final approval by mid-2024, indicating a promising timeline for infrastructure development. Note that approximately 11 acres of wetlands are included within the 27.9-acre total. A 30-foot-wide easement exists across the property for a future sanitary sewer line. The asking price for this prime development land is $2,250,000. Detailed information on the Pumpkin Hollow Neighborhood Plan can be found on the City of Madison's planning website. This presents a compelling investment opportunity for developers seeking to capitalize on Madison's thriving real estate market. The property's location and development potential make it an attractive proposition for large-scale multi-family projects.