4 Terrace CtMadison, WI 53718
- Office properties
- 4.46 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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