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    2950 Bowman Cir Fitchburg, WI 53713

    Sponsored
    For Sale
    Contact for pricing

    Prime Dane County residential land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.93-acre parcel, located at 2950 Bowman Circle in Fitchburg, Wisconsin (zip code 53713), presents a compelling investment opportunity. The land is zoned for residential and mixed-use development, aligning perfectly with the area's future land use plan. The asking price is $7 per square foot. This location boasts a thriving environment with over 750 apartments either built or approved in the immediate vicinity, indicating strong demand and potential for high returns. The property's strategic position within Dane County, Wisconsin, offers easy access to essential amenities and infrastructure. Note that a portion of the land may be required for parkland dedication, and this area is available for separate purchase. This acquisition presents a unique chance to capitalize on the burgeoning residential growth in Fitchburg. Detailed site plans and zoning information are readily available upon request. Serious inquiries only.

    Property Features for 2950 Bowman Cir

    General Information

    Property type
    Land
    Lot Size
    171,191 SF

    HighLights

    • 3.93‑acre parcel in Fitchburg, WI (53713) at 2950 Bowman Circle.
    • Zoned for residential and mixed‑use development, aligning with the future land use plan.
    • Asking price: $7 per square foot.
    • 750+ apartments built or approved nearby.
    • Portion of land may require parkland dedication (available for separate purchase).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -89.4057629
    Latitude
    43.02753

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    FAQs

    What type of property is this?
    Land - Prime Dane County residential land, ideal for development.
    Where is this land located?
    The property is located at 2950 Bowman Cir Fitchburg, WI.
    What is the asking price?
    The asking price for this property is $7.
    What are key features of this property?
    This property features: 3.93-acre parcel in Fitchburg, WI (53713) at 2950 Bowman Circle.; Zoned for residential and mixed-use development, aligning with the future land use plan.; Asking price: $7 per square foot.
    Request Owner's contact information
    2950 Bowman Cir Fitchburg, WI 53713
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    Fitchburg, WI 53713
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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
    2950 Bowman Cir Fitchburg, WI 53713
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