7101 Forest Oak Drive , Madison, WI 53718(Dane County)

98.69 Acres in Madison, WI - $675,000

AUCTION FEBRUARY 22ND, 2014-11:00AM to 2:00PM CT.

Almost 100 acres (5 parcels) of vacant land ready to be developed. The property is located on the far east side of the City of Madison in a recently approved planned area called the Northeast Neighborhood and is proposed for mixed-use residential development. Land is currently zoned Agricultural. Approx 80% of the land was added to the urban service area. Property has access to natural gas, electricity and municipal sewer & water. Rented acres 73 at $200 per acre for 2013.

List price is $2,200,000 with an Opening Bid of $675,000 if no offer received prior to auction on 2/22/14. Call for details. Buyers Fee of 2% or $2,000, whichever is greater, will be added to high bid to determine final sale price. Nonrefundable EM of 5% of the high bid/sales price due from high Bidder on day of auction/offer. Cash closing, no contingencies. Offers ar...