, (MLS# 4124980)
$3,480,000
Property Type:
Land
Lot Size (sq. ft.):
435,600
Status:
Active
Current Price:
$3,480,000
List Date:
9/08/2025
Last Modified:
9/08/2025
Description
This is 10 +/- lies in the City of Madison and fronts I-55 exit ramp and Woodgreen Dr. The property is zoned C1 and is the perfect location for an office building, medical complex or corporate campus. Property includes 1.08 acres of Summertree Lake. The property has 1295 ft frontage and visibility from I-55 South off of exit 108. Drury Inn is scheduled to build a hotel to the South of the property.
More Information MLS# 4124980
Address and Location Information
Street Number Assigned?: No
Parcel Number: 72c-06c-116/01.01
Community Of: N/A
Location
Downtown/Urban: 1
Office Park: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2025-09-08
List Price: $3,480,000
Current Price: $3,480,000
Property Sub Type: Unimproved Commercial Lot for Sale
General Property Information
Property Sub Type: Unimproved Commercial Lot for Sale
Approx Lot Size Acres: 10
Expandable Area: No
List Price/Acre: 348000
Divisible: No
Tax and Financial Information
Tax Annual Amount: 19480.79
Tax Year: 2024
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: Yes
Legal Description: 10 AC +/- Sec 6 T 7 R 2E fronting I-55 and Woodgreen Dr
Remarks & Miscellaneous
Public Remarks: This is 10 +/- lies in the City of Madison and fronts I-55 exit ramp and Woodgreen Dr. The property is zoned C1 and is the perfect location for an office building, medical complex or corporate campus. Property includes 1.08 acres of Summertree Lake. The property has 1295 ft frontage and visibility from I-55 South off of exit 108. Drury Inn is scheduled to build a hotel to the South of the property.
Current Use
Vacant: 1
Possible Use
Development: 1
Land Details
Acres Wooded: 9
Road Frontage: 570
Lot Features
Cul-De-Sac: 1
Wooded: 1
Covenants And Restrictions
Architectural Review: 1
Restrictive Covenants: 1
Sewer
Public Sewer: 1
Water Source
Community: 1
Listing Terms
Cash: 1
Conventional: 1
Workshop Features
Workshop: No
Waterfront Features
Waterfront: Yes
Lake: 1
Walk-To: 1
Showing Requirements
Showing: Show Any Time
Utilities
Cable Available: 1
Electricity Available: 1
Phone Available: 1
Water Available: 1
Horse Amenities
Horse Amenities: No
Property Features
Current Use: Vacant
Possible Use: Development
Location: Downtown/Urban; Office Park
Lot Features: Cul-De-Sac; Wooded
Covenants And Restrictions: Architectural Review; Restrictive Covenants
Sewer: Public Sewer
Water Source: Community
Listing Terms: Cash; Conventional
Waterfront Features: Lake; Walk-To
Utilities: Cable Available; Electricity Available; Phone Available; Water Available
Listing Office:
Tom Smith Land & Homes
Listing Agent:
Tom N Smith
Last Updated: September - 08 - 2025
Broker Attribution:
6014549397
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.