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6371-6399 Nesbitt Rd
Madison, WI 53719
Land For Sale
·
10.23 AC
Investment Highlights
- Frontages: 1300 feet on U.S. Highway 18/151
- Traffic Counts: Nesbitt road -4,600 vehicles per day
- Frontages: 1100 feet on Nesbitt Road (3 curb cuts).
- Traffic Counts: U.S. Highway 18/151 - 44,500 vehicles per day
Executive Summary
Sale Price: $10.00 per square foot of land to be verified by survey.
Existing Buildings on the Property:
-Main Building/Showroom & Office: 8,299 SF
-Main Building/Warehouse: 8,448 SF
Current Leases:
Adams Sign Company (3 sign structures) - Annual Income: $17,500
Verizon Cell Tower - Annual Income - $12,667.68
US Cellular Tower - Annual Income - $19,740.84
* All leases have the ability to be terminated on/or before May 31, 2030 if desired.
Existing Buildings on the Property:
-Main Building/Showroom & Office: 8,299 SF
-Main Building/Warehouse: 8,448 SF
Current Leases:
Adams Sign Company (3 sign structures) - Annual Income: $17,500
Verizon Cell Tower - Annual Income - $12,667.68
US Cellular Tower - Annual Income - $19,740.84
* All leases have the ability to be terminated on/or before May 31, 2030 if desired.
Property Facts Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 10.23 AC |
| Property Type | Land | ||
| Zoning | C2 - Commercial District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 10.23 AC |
| Zoning | C2 - Commercial District |
1 Lot Available
Lot
| Lot Size | 10.23 AC |
| Lot Size | 10.23 AC |
Office/Warehouse with potential for redevelopment. The property is approximately 10.23 acres and is zoned Heavy Commercial, C-2 Commercial District, Dane County Potential Redevelopment.
Description
This is a great opportunity with potential for redevelopment on 10.23 acre lot.
Property Taxes
| Parcel Numbers | Improvements Assessment | $905,881 CAD | |
| Land Assessment | $1,575,028 CAD | Total Assessment | $2,480,909 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,575,028 CAD
Improvements Assessment
$905,881 CAD
Total Assessment
$2,480,909 CAD
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