Skip main navigation
Active
  • Price cut: $25K (2/5)
    $1,225,000

    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

    PRICE REDUCTION - 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
    205 days
    |
    67
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 05, 2026 at 06:01pm

    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
        2/5/2026Price change$1,225,000-2%
        Source: WIREX MLS #2008738 Report a problem
        1/5/2026Price change$1,250,000-28.3%
        Source: WIREX MLS #2008738 Report a problem
        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.

        Monthly 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.

        Climate risks

        Neighborhood: 53532

        Getting around

        14 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        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.

        Local experts in 53532

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel