4 Terrace CtMadison, WI 53718

Property Details for 4 Terrace Ct

Lot size

4.46 AC

Zone code

SEC

Property type

Office buildings

APN

0810-223-0706-2

APU

81022307062

Description

This exceptional 4.46-acre commercial land parcel presents a unique investment opportunity in Madison, Wisconsin. Located within the American Center (TAC) Business Park, this property boasts a highly desirable SEC (Suburban Employment Center) zoning designation, opening doors to a wide range of development possibilities. The site is strategically positioned at the interchange of I-39/90/94 and Highway 151, providing unparalleled access to major transportation arteries. This prime location offers exceptional convenience, with proximity to Downtown Madison, the University of Wisconsin campus, Dane County Regional Airport, and the East Towne Regional Mall. Furthermore, the property benefits from easy access to the thriving communities of Sun Prairie, Cottage Grove, DeForest, and Waunakee, ensuring a strong and growing market for any development. The American Center Business Park is home to prominent companies such as American Family Mutual Insurance, Alliant Energy, and the University of Wisconsin Hospital & Regional Medical Campus, underscoring the area's robust economic vitality. The land is priced at $14 per square foot, offering a compelling value proposition for discerning investors seeking a strategic location with significant growth potential. The APN is 081022307062. This is a rare opportunity to acquire a substantial land parcel in a thriving business park with excellent infrastructure and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $39,800,800

  6.5%

  $36,739,200

  7%

  $34,115,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,745,800

  Geo Method

  $25,333,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $74,641,500

  Retail / Commercial

  $37,823,500

  Mixed-Use / Specialty

  $37,332,200

  Hospitality / Lodging

  $26,925,400

  Institutional / Educational

  $38,683,100

  Residential Income

  $45,259,200

  Multifamily

  $56,257,300

  Automotive / Energy

  $33,156,900

  Parking / Income-Based Land

  $11,794,200

  Restaurant / Food Service

  $18,656,100

  Healthcare / Senior Housing

  $38,649,000

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.1423

Longitude

-89.2975

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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