Property summary
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
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CC-T · Madison, WITR-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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC-T in Madison, WI.
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