Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2863 Dellvue Dr Fitchburg, WI 53711

    Sponsored
    For Sale
    $324,900

    City - Fitchburg, WI

    Lot size:
    1.10 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 20 at 11:06 am

    Property Features for 2863 Dellvue Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    APN
    0609-091-7061-2
    Exterior features
    Driveway, Fence, Garage, Shed
    Fencing
    Fenced
    Lot size
    1.10 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Garage(s), Packing Shed, Shed(s)

    We can help!

    Listing Contact
    Teresa Duerst Haufle
    Teresa Duerst Haufle

    Stark Company Realtors (608) 256-0801

    Listing agent Teresa Duerst Haufle (608) 256-9011

    Listing date Feb 16, 2026

    MLS# 2016096 Listing URL

    Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in Fitchburg, WI

    This 1.1-acre residential lot in Fitchburg, WI, offers space and accessibility. The property is ready to accommodate various architectural styles, including Barndominium, Shipping Container Home, Mid-Century Modern, Colonial, or Four-Square designs. A privacy fence surrounds the perimeter, and an electric entry gate provides access. A four-car garage with electric and LP heat is present on the property. The location allows for convenient access to local cafes, restaurants, shopping, the library, and parks. Nearby bike paths offer opportunities for recreation. Downtown Madison, area hospitals, and other city conveniences are within a short drive. The City of Fitchburg requires hookup to Municipal Water, connecting to the main line on Glacier Valley Rd. A private septic system will be required.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.427934
    Latitude
    43.010843

    Nearby Similar for Sale

    • $1,625,000
      1,500 SF

      Fitchburg Townhouse-Style Apartment Building

      Newer four-unit apartment building in Fitchburg's Terravessa neighborhood.
      4856-4862 Romaine Rd, Fitchburg, WI 53711
      View Details
    • $275,000
      17,860 SF

      Fitchburg Shopping Center Investment

      17,860 SF Mixed-Use Property, Dane County, WI
      6204 Nesbitt Rd, Fitchburg, WI 53719
      View Details
    • Contact for pricing
      17,881 SF

      Fitchburg Commercial Office Space

      Prime Fitchburg Office, 1558 sq ft, Available Now
      2960 Triverton Pike Dr, Fitchburg, WI 53711
      View Details
    • $2,500,000
      14,300 SF

      Fitchburg Restaurant - Turnkey Opportunity

      Prime Fitchburg location, fully equipped, 14,300 sq ft.
      2949 Triverton Pike Dr, Fitchburg, WI 53711
      View Details
    • $7,000,000
      32.79 Acres

      Fitchburg Commercial Land - 33 Acres

      Prime Fitchburg location, 33 acres, Madison skyline views.
      2991 County Road Mm, Fitchburg, WI 53711
      View Details
    • Contact for pricing
      12,250 SF

      Fitchburg Retail/Office Building For Sale

      Class B+ retail/office building in Fitchburg, Wisconsin.
      6200 Nesbitt Rd, Fitchburg, WI
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.1 acre residential lot with 4-car garage near amenities.
    Where is this residential land & home lot located?
    The property is located at 2863 Dellvue Dr Fitchburg, WI.
    What is the asking price?
    The asking price for this property is $324,900.
    What are key features of this property?
    This property features: - Large 1.1 acre residential lot offers ample space and flexibility for various home designs.; - Conveniently located near local cafes, restaurants, shopping, library, parks, and bike paths, with easy access to downtown Madison and area hospitals.; - **Features a 4-car garage with electric and LP heat, providing immediate utility while planning future construction.**
    (608) 712-7019
    Request Owner's contact information
    2863 Dellvue Dr Fitchburg, WI 53711
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2863 Dellvue Dr
    Fitchburg, WI 53711
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2863 Dellvue Dr Fitchburg, WI 53711
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Teresa Duerst Haufle
    Teresa Duerst Haufle
    (608) 712-7019 (608) 256-9011
    Learn more
    Google sign-in failed. Please try again or use another login method.