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  • Price cut: $50K (12/4)
    $1,743,000

    Lot 1-2 Gray Rd #1, 2, Windsor, WI 53532

    --beds
    --baths
    9.88Acres
    Unimproved Land
    Built in ----
    9.88 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Take advantage of this ready-to-develop investment opportunity in Windsor, WI. This 9.883-acre property is city-approved for a 122-unit multi-family complex, boasting a strategic location at the intersection of Gray Rd & CTH CV. The proposed development includes 12 studios, 48 one-bedroom, and 62 two-bedroom apartments across a 4-story building. With 22 garage parking stalls and 162 surface parking spaces, convenience is key for residents. The project has city approval until May 23, 2026 with potential for an extension upon request. Perfectly situated just 7 miles from Madison's East Side, this property offers a blend of suburban tranquility and urban accessibility. * Seller could stay part of the development entity for the approved plans if needed
    87 days
    |
    51
    |
    2
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 05, 2025 at 02:01am

    Listed by:

    Jim Stopple 608-268-4912,

    Madison Property Management, Inc.,

    Tony Xiong 608-268-4987,

    Madison Property Management, Inc.

    Source: WIREX MLS,MLS#: 2008738MLS LogoOriginating MLS: South Central Wisconsin MLS

    Facts & features

    Property

    Lot
    • Size: 9.88 Acres
    • Features: 5+ Unit Lot
    Details
    • Parcel number: 091029287101
    • Zoning: multifamil

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Deforest
    • Municipality: Windsor

    Financial & listing details

    • Tax assessed value: $329,000
    • Annual tax amount: $5,653
    • Date on market: 9/15/2025
    • Listing terms: Sell in Entirety
    • Electric utility on property: Yes

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/4/2025Price change$1,743,000-2.8%
    Source: WIREX MLS #2008738 Report a problem
    9/15/2025Listed for sale$1,793,000
    Source: WIREX MLS #2008738 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 53532

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Deforest

    Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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