4605 Sprecher Rd, Madison

$1,250,000

0 Beds
0 Baths
5 Acres
0 Garages

5 Acre lot ( aprox. 217,757 sq.ft.) zoned RR-4 available for redevelopment opportunities. Located on the far east side of Madison in the town of Blooming Grove just off Milwaukee St. & Sprecher Rd. The city identifies this corner lot as Medium Residential which generally allows 20-90 units per acre in up to five-story buildings. This would all be subject to the plans for how the density is developed on the parcel. Current asking price is $1,250,000 with an 80/unit development project. If site is approved for over 80 units the asking price of $1,250,000 would be increased by an additional $10,000 per additional unit.

4605 Sprecher Rd is a Lots & Acreage property for sale. The current price is $1,250,000. Built in this room, bath Madison property has been listed on www.madisonneighborhoods.com for 114 days.

Madison Property Management, Inc..

Essential Information
MLS® # 1873462
Price $1,250,000
Acres 5.00
Type Lots & Acreage
Status Active
Detailed Status Active
Assessed Value $93,500
Year Assessed 2019
Net Taxes $4,253
Tax Year 2018
Community Information
Address 4605 Sprecher Rd
Area MADISON - C E11
City Madison
County Dane
State WI
Zip Code 53718
Amenities
Utilities
Utilities

Natural gas, Electricity, Telephone, Cable

Exterior
Lot Description Corner
School Information
District Madison
Elementary Kennedy
Middle Whitehorse
Additional Information
Zoning RR-4
Listing Details
Office
Office

Madison Property Management, Inc.

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Data provided by the South Central Wisconsin MLS as of 04/01/2020.

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