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    6204 Nesbitt Rd Fitchburg, WI 53719

    For Sale
    $275,000

    17,860 SF Mixed-Use Property, Dane County, WI

    Property size:
    17,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 17,860 square foot mixed-use property, located at 6204 Nesbitt Road in Fitchburg, Wisconsin, presents a compelling investment opportunity. Situated on a 0.41-acre lot (APN 225/0609-072-8390-7), this shopping center is zoned B-G (General Business), offering considerable flexibility for diverse commercial uses. The asking price is $275,000. The property's strategic location benefits from recent highway improvements at Verona Road and Hwy Pd/McKee Road, ensuring easy access and high visibility. Development potential includes approximately 1,500-2,500 square feet of first-floor commercial space, complemented by two two-bedroom apartment units and two single-car garages on the second floor. A variety of commercial uses are permissible, including service retail, office space, live/work units, and medical offices. The lot has been largely cleared, simplifying development. This property is ideally positioned within a rapidly developing area, surrounded by new luxury and senior apartments, and major retailers such as Super Target, Hyvee, the Princeton Club, Aldi, US Cellular, and Kwik Trip. This presents a unique chance to capitalize on the area's growth and create a thriving mixed-use development with commercial space on the ground floor and residential units above.

    Property Features for 6204 Nesbitt Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    17,860 SF
    Lot Size
    17,860 SF

    HighLights

    • Excellent access via recently improved Verona Road and Hwy PD/McKee Road.
    • Development potential: ~1,500‑2,500 SF of first‑floor commercial space, two 2‑bedroom apartments, and two single‑car garages on the second floor.
    • Versatile commercial zoning allows for service retail, office, live/work, and medical uses.
    • Site is largely cleared, simplifying development.
    • High‑growth area with new luxury and senior apartments, plus major retailers nearby.
    • Ideal for mixed‑use development with ground‑floor commercial and upper‑level residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.475161
    Latitude
    43.012247

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    FAQs

    What type of property is this?
    Lifestyle center - 17,860 SF Mixed-Use Property, Dane County, WI
    Where is this lifestyle center located?
    The property is located at 6204 Nesbitt Rd Fitchburg, WI.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Excellent access via recently improved Verona Road and Hwy PD/McKee Road.; Development potential: ~1,500-2,500 SF of first-floor commercial space, two 2-bedroom apartments, and two single-car garages on the second floor.; Versatile commercial zoning allows for service retail, office, live/work, and medical uses.
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    Realmo Value Estimation

    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.

    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.

    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
    6204 Nesbitt Rd Fitchburg, WI 53719
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