4 Terrace CtMadison, WI 53718

  • Office properties
  • 4.46 AC
For Sale

Property Details for 4 Terrace Ct

Lot size
4.46 AC
Zone code
SEC
Property type
Office properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $35,118,380
    6.5%
    $32,416,966
    7%
    $30,101,470
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,745,752
    Geo Method
    $25,332,974
  • Alternative Use

    Use
    Valuation
    Residential
    $40,197,040
    Hospitality
    $36,820,272
    Educational
    $30,634,034
    Medical
    $31,687,586
    Retail
    $47,652,940
4 Terrace Ct, Madison, Wisconsin

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$21,135
$1,047,700
-
$1,047,700
-
-
-
-

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