Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3034 Fish Hatchery Rd Madison, WI 53713
    Back to Search
    Property profile & analytics

    3034 Fish Hatchery Rd, Madison, WI 53713

    View on Map
    • Lifestyle centers
    • 27,125 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • UW Health Kidney Clinic Nephrology Clinic / Medical Clinic
    • Wisconsin Dialysis Fitchburg Clinic / Medical Clinic
    • Tyler Gorman, PA / Physician
    • Debra Schrader, PA / Physician
    • Gauri Bhutani, MD / Physician / Medical Clinic

    Property Details for 3034 Fish Hatchery Rd

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.4148
    Latitude
    43.0262

    Comparable in this City

    • Value Estimation
      $1,490,000
      11,822 SF

      1901 Park St

      MINI-MALL
      1901 Park St, Madison, WI 53713-1215
      View Details
    • Value Estimation
      $1,275,000
      1.03 Acres

      2302 Badger Rd

      MINI-MALL
      2302 Badger Rd, Madison, WI 53713-2322
      View Details
    • Value Estimation
      $555,000
      4,700 SF

      1823 Park St

      MINI-MALL
      1823 Park St, Madison, WI 53713-1213
      View Details
    • Value Estimation by Request
      0.44 Acres

      1440 Martin St

      MINI-MALL
      1440 Martin St, Madison, WI 53713-1130
      View Details
    • Value Estimation
      $2,625,000
      20,068 SF

      1574 Broadway

      MINI-MALL
      1574 Broadway, Monona, WI 53713-1824
      View Details
    • Value Estimation
      $665,000
      5,008 SF

      2510 Broadway

      MINI-MALL
      2510 Broadway, Madison, WI 53713
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,125 SF

      Land for Ground Lease

      27,125 sq ft land in high-traffic area.
      3034 Fish Hatchery Rd, Fitchburg, WI 53713
      View Details
    • Contact for pricing
      96,117 SF

      2101 W Broadway, Monona, WI 53713

      Retail properties & Spaces
      2101 W Broadway, Monona, WI 53713
      View Details
    • Contact for pricing
      4,000 SF

      High Image Power Center Retail

      Retail opportunities in high image power center off HWY 12/18.
      2455 W Broadway, Monona, WI 53713
      View Details
    • Contact for pricing

      Retail Space in Monona Drive

      Retail space with high visibility and national co-tenancy.
      6500 Monona Dr, Monona, WI 53713
      View Details
    • Contact for pricing

      Fitchburg Land Parcel For Sale

      3.93 acre land parcel in Fitchburg, Wisconsin available for purchase.
      2950 Bowman Cir, Fitchburg, WI 53713
      View Details
    • $1,299,000
      5,250 SF

      Versatile Commercial Space on Madison's West

      Modern 5,250 sqft commercial space with high visibility.
      1225 Greenway Cross, Madison, WI 53713
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,907 SF

      South Towne Mall Retail Space

      Retail space available for rent in South Towne Mall.
      2311-2355 W Broadway, Monona, WI 53713
      View Details
    • Contact for pricing
      1,828 SF

      Retail Space in Visible Strip

      Retail space available in a highly visible retail strip.
      2401-2413 W Broadway, Monona, WI 53713
      View Details
    • Contact for pricing
      19,360 SF

      Proposed Class A Office Building

      Proposed 6-story Class A office building with retail space for rent.
      2600 W Beltline Hwy, Madison, WI 53713
      View Details
    • Contact for pricing

      Proposed Class A Office Building

      Proposed 6-story Class A office building on West Beltline.
      2600 W Beltline Hwy, Madison, WI 53713
      View Details
    • Contact for pricing

      Rimrock Road Office/Retail Space

      Office or retail space for lease near Beltline Highway.
      2424 Rimrock Rd, Madison, WI 53713
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Commercial land available for ground lease in high-traffic area.
      3034 Fish Hatchery Rd, Fitchburg, WI 53713
      View Details
    Request Owner's contact information
    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.
    3034 Fish Hatchery Rd
    Madison, WI 53713
    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
    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

    Thank You for Inquiry
    3034 Fish Hatchery Rd, Madison, WI, 53713
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!