Property profile

2029 Fish Hatchery Rd Madison, WI 53713

OFF-MARKET
Auto shops
Property ID
US92-0171596
0.48 ac lot
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 2029 Fish Hatchery Road in Madison, Wisconsin, presents a unique investment opportunity. The 1,200 square foot lot is situated in a high-traffic area, ensuring excellent visibility and accessibility for any business. Currently configured as a car lot and repair shop, the property offers diverse potential uses for automotive-related ventures or other commercial enterprises. Zoned CC-T, this parcel provides flexibility for a range of commercial developments. Its location within Tax Incremental Financing District 51 offers potential access to incentives and infrastructure improvements, further enhancing its investment appeal. The property's address is 2029 Fish Hatchery Road, Madison, WI 53713, and is conveniently located in Dane County. The asking price for this prime commercial land is $929,000. This presents a compelling opportunity for investors seeking a well-located property with significant potential for growth and return. The property's strategic location and zoning make it an attractive option for a variety of commercial uses, capitalizing on the high traffic volume of Fish Hatchery Road. The potential benefits of Tax Incremental Financing District 51 add further value to this already desirable property. Serious inquiries are encouraged to explore this promising investment.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 0.48 ac (20,996 SF)
Zoning code CC-T
APN 0709-352-1701-2
UPID US92-0171596

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

2029 Fish Hatchery Rd Madison, WI 53713-1268
Madison metro Census 1401 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2021
Last sale
$375,000
1 recorded transaction
2021
$375,000

Zoning & alternative use

CC-T · Madison, WI
Zoning description

TR-R: Traditional Residential - Rustic TR-P: Traditional Residential - Planned Mixed-Use and Commercial Districts LMX: Limited Mixed-Use NMX: Neighborhood Mixed-Use TSS: Traditional Shopping Street MXC: Mixed-Use Center…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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