3034 Fish Hatchery Rd Fitchburg, WI 53713
- Commercial real estate
- 5.45 lot acres
Current Use by Public Records
- Shah Sanjeev R MD / Doctor
- Krembs Debra A / Nurse Practitioner
- Laura J. Maursetter, DO / Nephrologist
- Micah R. Chan, MD, MPH / Nephrologist / Doctor
- Jonathan B. Jaffery, MD / Nephrologist
Property Details for 3034 Fish Hatchery Rd
- Lot size
- 5.45 lot acres
- Property type
- Commercial real estate
- APN
- 0609-031-9100-4
- APU
- 60903191004
Description
This exceptional commercial land parcel, totaling 27,125 square feet, presents a unique investment opportunity in the thriving Fitchburg, Wisconsin market. Located at 3034 Fish Hatchery Road, this single-tenant property boasts a highly visible location at a stoplight intersection, ensuring maximum exposure for any development. The site offers excellent visibility and accessibility, with monument signage available facing Fish Hatchery Road. Adding to its appeal, the property benefits from its proximity to a significant residential development. Specifically, 286 new apartments, known as the Vue Apartments, are located within one block, providing a substantial built-in customer base. The property is offered as a ground lease with an annual rent of $125,000. This prime location in Dane County, Wisconsin, with its zip code 53713, offers significant potential for a variety of commercial uses. The property's size and location make it an ideal site for businesses seeking high visibility and convenient access to a growing residential population. The substantial land area provides ample space for development, allowing for flexibility in design and functionality. This is a rare opportunity to acquire a strategically located commercial property in a rapidly developing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $160,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $195,000
- 7%
- $185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $170,000
- Geo Method
- $185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $175,000
- Mixed-Use
- $170,000
- Hospitality
- $225,000
- Educational
- $210,000
- Residential Income
- $195,000
- Energy
- $215,000
- Income-Based Land
- $220,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Fitchburg
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.4146
- Latitude
- 43.0258
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
