Listing Provided Courtesy Of:
Madison Property Management, Inc.

$1,250,000 4605 Sprecher Rd Madison, WI

MLS: 1873462   Type: Land   County: Dane   City: Madison   Area: Madison - C E11   Zip: 53718     Taxes: $4,253

Mortgage $5,869 /mo

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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.

Elementary School

Middle School

High School

Kennedy
Distance: 1.56 Miles
Whitehorse
Distance: N/A Miles
Lafollette
Distance: 3.4 Miles

Price History

12/9/2019 Listed $1,250,000

Class Lots & Acreage
Directions Milwaukee St. to Sprecher Rd
Open House Date No
School District Madison
Street Name SPRECHER RD
Tax Year 2018
Zoning RR-4

Interior Features

Photo Count 4

Exterior Features

Lot Description Corner
Lot Size Area 5

Property Schools



Direct Link:

https://www.kwmadison.com/property/258-1873462-4605-Sprecher-Rd-Madison-WI-53718

Gallery (4 photos)

Listing Provided Courtesy Of:
Madison Property Management, Inc.

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Property vs Zip Code Avg (53718)

Price 1.25M Avg 840K

Taxes $4,253 Avg $1,225

Acres 5 Avg 15.08

Visits 7 Avg 14

Days on Site 42 Avg 465

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Listing Provided Courtesy Of: Madison Property Management, Inc.




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Location & Address

Keller Williams Madison
555 Zor Shrine Place, Su 100
Madison, WI
608-709-0218
866-405-0825