Commercial Land in Madison, Wisconsin, is a sought-after investment opportunity for those looking to capitalize on the city's strong economy and growing population of around 250,000. With its unique location on an isthmus surrounded by five lakes, Madison offers a diverse range of commercial land uses, from retail and office spaces to industrial and agricultural developments. Whether you're an investor, developer, or business owner, commercial land in Madison presents a chance to tap into the city's thriving tech sector, state employment, and consumer services industries. Madison's infrastructure, including the Dane County Regional Airport, Metro Transit bus system, and major roads like I-39, I-90, and I-94, provides easy access to the city and its surroundings. The city's education institutions, such as the University of Wisconsin-Madison, Edgewood College, and Madison Area Technical College, also contribute to its attractiveness as a business location. Additionally, Madison's cultural attractions, like the Overture Center for the Arts, Henry Vilas Zoo, and the Wisconsin State Capitol, make it an appealing place to live, work, and visit.
Madison's commercial land market offers a range of opportunities, with 25 listings currently available. The average price per square foot for commercial land in Madison is , with an average size of square feet. The largest available parcel is 0 square feet. Commercial land in Madison also offers a competitive average cap rate of. While Madison is known for its strong economy and growing tech sector, it's also home to a range of other property types, including office spaces, retail properties, and industrial land. Each of these property types offers its own unique benefits and opportunities, from the convenience of office spaces in the downtown area to the flexibility of industrial land on the outskirts of the city. Whatever your commercial real estate needs, Madison has something to offer.
Common commercial uses for land in the Madison market include office spaces, retail centers, and restaurants, which cater to the city's growing tech industry, state employment, and student population. Additionally, land is also used for healthcare facilities, biotech research centers, and light industrial spaces, taking advantage of the city's proximity to the University of Wisconsin-Madison and its research resources.
When it comes to purchasing land for development projects in Madison, Wisconsin, there are several common ways to do so. For instance, investors can buy land directly from property owners, work with real estate agents or brokers, or purchase land at auctions, all of which are outlined in our comprehensive guide on how to buy land.