6204 Nesbitt RdFitchburg, WI 53719
- Other commercial real estate
- 0.41 AC
Property Details for 6204 Nesbitt Rd
- Lot size
- 0.41 AC
- Property type
- Other commercial real estate
- APN
- 0609-072-8390-7
- APU
- 60907283907
Description
This exceptional 17,860 square foot mixed-use property, located at 6204 Nesbitt Road in Fitchburg, Wisconsin, presents a compelling investment opportunity. Situated on a 0.41-acre lot (APN 225/0609-072-8390-7), this shopping center is zoned B-G (General Business), offering considerable flexibility for diverse commercial uses. The asking price is $275,000. The property's strategic location benefits from recent highway improvements at Verona Road and Hwy Pd/McKee Road, ensuring easy access and high visibility. Development potential includes approximately 1,500-2,500 square feet of first-floor commercial space, complemented by two two-bedroom apartment units and two single-car garages on the second floor. A variety of commercial uses are permissible, including service retail, office space, live/work units, and medical offices. The lot has been largely cleared, simplifying development. This property is ideally positioned within a rapidly developing area, surrounded by new luxury and senior apartments, and major retailers such as Super Target, Hyvee, the Princeton Club, Aldi, US Cellular, and Kwik Trip. This presents a unique chance to capitalize on the area's growth and create a thriving mixed-use development with commercial space on the ground floor and residential units above.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,691,196
- Hospitality
- $3,381,116
- Educational
- $2,813,048
- Medical
- $2,909,794
- Retail
- $4,375,853
Location Insight
- City
- Fitchburg
- County
- Dane
- State
- Wisconsin
- Latitude
- 43.0122
- Longitude
- -89.4751
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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