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    Fitchrona Rd Madison, WI 53719

    Sponsored
    For Sale
    $10,750,000

    19-Acre Mixed-Use Site in Fitchburg, WI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19-acre commercial land parcel presents a unique opportunity for mixed-use development in the thriving city of Fitchburg, Wisconsin. Located at the northwest corner of Fitchrona Road and McKee Road, this site boasts an enviable location with excellent visibility and accessibility. The property is planned to include four retail outparcel pads and two large multi-family buildings, leaving ample space for a junior anchor retail tenant. The remaining land is ideally suited for a variety of retail uses, with potential for up to 22,000 square feet of development. Targeted uses include retail, entertainment, health clubs, and medical facilities. The site benefits from exceptional traffic counts, with 42,000 vehicles per day traveling on nearby Highway 18, ensuring high visibility and accessibility for potential tenants and customers. The asking price for this prime development land is $10,750,000, with a land value of $12 per square foot. This represents a compelling investment opportunity in a rapidly growing market. Dane County's strong economy and robust population growth make this a highly desirable location for commercial development. The property's strategic location and flexible zoning provide significant potential for long-term growth and profitability. Don't miss this chance to acquire a premier development site in a vibrant and expanding community. The address is Fitchrona Rd and McKee Road, Fitchburg, WI 53719.

    Property Features for 0 Fitchrona Rd

    General Information

    Property type
    Land
    Lot Size
    827,640 SF

    HighLights

    • $10,750,000 asking price.
    • 19‑acre commercial land parcel.
    • $12/SF land value.
    • Mixed‑use development opportunity with retail and multi‑family potential.
    • Fitchburg, WI location at Fitchrona Rd and McKee Rd, offering high traffic counts (42,000 VPD on Hwy 18).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.48136
    Latitude
    43.0162

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    FAQs

    What type of property is this?
    Land - 19-Acre Mixed-Use Site in Fitchburg, WI
    Where is this land located?
    The property is located at Fitchrona Rd Madison, WI.
    What is the asking price?
    The asking price for this property is $10,750,000.
    What are key features of this property?
    This property features: $10,750,000 asking price.; 19-acre commercial land parcel.; $12/SF land value.
    (262) 613-3888
    Request Owner's contact information
    Fitchrona Rd Madison, WI 53719
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    Madison, WI 53719
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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
    Fitchrona Rd Madison, WI 53719
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