NOT LISTED FOR SALE

1901 Wheeler Rd Madison, WI 53704

33.25 Acres
-- Price per Acre
1,448,370 Sq Ft Lot

Last Sold January 09, 2025

Last sale price $3,500,000

149 Days on Market

About This Lot

As of January 2025

DEVELOPMENT OPPORTUNITY - Don't miss your chance to own this prime real estate located on Wheeler Road near TPC Wisconsin Golf Course! This 33.25+/- acre parcel offers endless potential for redevelopment. Situated on a beautiful hilltop, this property boasts breathtaking views of the surrounding countryside and is conveniently located minutes from Dane County Airport and just 6 miles from downtown Madison! All redevelopment and rezoning will be subject to city approval.

Last Agent to Sell the Property

Craig Endres

Restaino & Associates Brokerage Phone: 608-577-2245 License #56379-94 Listed on: 06/25/2024

Restaino & Associates

Co-Listed By

Michael Restaino

Restaino & Associates Brokerage Phone: 608-577-2245 License #57329-90

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $402

Lot Details

  • 33.25 Acre Lot
  • Property is zoned G4

Schools

  • Gompers Elementary School
  • Black Hawk Middle School
  • East High School

Utilities

  • Water Not Available
  • No Trash Service

Listing and Financial Details

  • Assessor Parcel Number 0810-192-0203-5

Property Details

Property Type

Land

Est. Annual Taxes

$402

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: City
  • Items Excluded: Sellers Personal Property
  • Miscellaneous: Exp lower level possible
  • Legal Description: SEC 19-8-10 SE1/4 NW1/4 EXC COM AT NE CO
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved

Utilities

  • Utilities Avail To Lot: Electricity
  • Waste Disposal: None presently
  • Water System: None presently

Schools

  • Elementary School: Gompers
  • High School: East
  • Middle School: Black Hawk
  • School District: Madison

Lot Info

  • Zoning: G4
  • Lot Number S: 1
  • Number Of Lots: 1
  • Present Zoning: Agricultural
  • Tillable Acreage: 33.25
  • Total Acres: 33.25
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 402
  • Tax Year: 2023
  • Assessor Parcel Number: 0810-192-0203-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jan 9, 2025
Sold by
Cherokee Park Inc
Bought by
Salz Wheeler Llc
Seller's Agent
Craig Endres
Restaino & Associates
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$9,000,000
Sold Price
$3,500,000
Premium/Discount to List
-$5,500,000
-61.11%
Views
78
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Salz Wheeler Llc $3,500,000 None Listed On Document
Salz Wheeler Llc $3,500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2025 01/09/25 Sold $3,500,000 -30.0% --
12/23/2024 12/23/24 Price Changed $4,999,000 -16.7% --
10/02/2024 10/02/24 Price Changed $5,999,000 -14.3% --
08/23/2024 08/23/24 Price Changed $7,000,000 -22.2% --
07/01/2024 07/01/24 For Sale $9,000,000 +157.1% --
06/27/2024 06/27/24 Off Market $3,500,000 -- --
06/25/2024 06/25/24 For Sale $9,000,000 -- --
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $850 $23,300 $23,300 --
2023 $402 $22,000 $22,000 $0
2022 $2,017 $50,900 $50,900 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Endres

    Seller's Agent in 2025

    Craig Endres

    Restaino & Associates

    (608) 577-2245

    168 Total Sales

    Craig Endres
    Section Image
  • Michael Restaino

    Seller Co-Listing Agent in 2025

    Michael Restaino

    Restaino & Associates

    (608) 628-0772

    181 Total Sales

    Michael Restaino
    Section Image

  • S

    Buyer's Agent in 2025

    SCWMLS Non-Member

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1980292

South Central Wisconsin Multiple Listing Service

APN: 0810-192-0203-5

Wisconsin Dane County Madison 53704

1901 Wheeler Rd, Madison, WI

Not Listed for Sale

Lots

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