Rare opportunity to purchase a 2.11 acre parcel ready for multifamily development in Belle Farm, a new urbanism neighborhood in Middleton, Wisconsin. Belle Farm has four multifamily parcels situated along Parmenter Street. These buildings are intended to richly integrate with the neighborhood and share amenities. Belle Farm is approved to develop 880 residential units, both single and multifamily. Rezoning, GIP and preliminary plat are completed for all phases. Lot 52 is included in phase 4, but this site can proceed at any time before or during other phases. Anticipated development is a 149 unit apartment building. Neighborhood design and sustainability covenants will apply.
Lot/land
Price cut: $521.5K (8/12)
$3,278,000
Parmenter St, Middleton, WI 53562
--beds
--baths
2.11Acres
Unimproved Land
Built in ----
2.11 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
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Zillow last checked:
Listing updated:
Listed by:
Mallory Rekoske,
Key Commercial Real Estate, LLC
Source: SCWMLS,MLS#: 2009257
Facts & features
Property
Lot
- Size: 2.11 Acres
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: 080835395022
- Zoning: PUD-G
- Zoning description: PUD
- Wooded area: 0
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: None
Community & HOA
Community
- Subdivision: Belle Farm
Location
- Region: Middleton
Financial & listing details
- Tax assessed value: $404,300
- Date on market: 9/22/2025
Estimated market value
Not available
Estimated sales range
Not available
$2,130/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $3,278,000-13.7% |
Source: SCWMLS #2009257 Report a problem | ||
| 6/5/2026 | Listed for sale | $3,799,500 |
Source: SCWMLS #2009257 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 53562
Nearby schools
GreatSchools rating
- 7/10Northside Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 9/10Kromrey Middle SchoolGrades: 5-8Distance: 1 mi
- 9/10Middleton High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Elm Lawn
- Middle: Kromrey
- High: Middleton
- District: Middleton-Cross Plains
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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