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N Main St & Morningside Blvd - Multi-Family/Commercial Development Land

2.4 - 6.32 Acre Commercial Land Lots Offered at £3,008,204 Per Lot in Verona, WI 53593

Investment Highlights

  • Highly visible parcel
  • Rapidly growing area

Executive Summary

Prime Development Land at the corner of North Main St and newly constructed Morningside Blvd offers 6.32 Ac or Multifamily land and 12.4 (divisable)acres of net developable land after public dedications and easements. Approved zoning for commercial, multi-family, & mixed use. Land is located in highly desired growth areas between Verona, Madison, and Fitchburg with close proximity to Epic Systems, Unity Health - Meriter, University Ridge and Hawks Landing golf courses and shopping centers.
Additional land available.

Property Facts

Price £3,008,204
Sale Type Investment
No. Lots 4
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 14.22 AC

4 Lots Available

Lot

Price £3,008,204
Price Per AC £475,982
Lot Size 6.32 AC

This parcel offers 6.32 acres of net developable land after roads & stormwater dedications. Zoned Urban Residential. Block 2, Lot 1.

Lot Negtiable

Lot Size 3.00 AC

This 3 acre commercial site is located on a hard corner with lite intersection in the pathway of high growth provides easy access from North Main St

Lot Negotiable

Lot Size 2.40 AC

Suburban Commercial Zoning allows Multifamily Apartments above First Floor Retail, Senior Living Communities, Day Care Centers, and other typical commercial mixed use

Lot Negotiable

Lot Size 2.50 AC

Suburban Commercial Zoning allows apartments above first floor retain and Senior living development. - 2.5

Description

Location is part of City of Verona's North Neighborhood planned development. North Neighborhood will feature walkable community with trails, year round water features and nature conservancy.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0608-102-6012-2
  • 0608-102-6001-2
Land Assessment
£385,462
Improvements Assessment
£0
Total Assessment
£385,462

zoning

Zoning Code UR, SC (Urban Residential, Suburban Commercial)
UR, SC (Urban Residential, Suburban Commercial)
  • Listing ID: 28128352

  • Date on Market: 03/04/2023

  • Last Updated:

  • Address: N Main St & Morningside Blvd, Verona, WI 53593

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