6200 Nesbitt RdFitchburg, WI 53719

Property Details for 6200 Nesbitt Rd

Lot size

1.18 AC

Property type

Commercial real estate

APN

0609-072-8415-2

APU

60907284152

Description

This exceptional retail property at 6200 Nesbitt Rd, Fitchburg, WI 53719, offers a prime opportunity for businesses seeking flexible and adaptable space. Located in Dane County, this multi-tenant building boasts a total of 12,350 square feet, with a significant portion currently vacant (7,253 square feet). Units are available in sizes ranging from a minimum of 1,164 square feet to a maximum contiguous space of 2,639 square feet. The property features ample parking to accommodate tenants and their customers. An end-cap space is available and can be subdivided to meet specific tenant needs. One potential configuration offers approximately 1,800 to 4,439 square feet, ideal for a fitness center or similar use, featuring high ceilings, a dedicated outdoor area, multiple showers, washer/dryer hookups, and a private office. Smaller spaces, such as the 1,164 square foot suite, are well-suited for businesses like insurance offices, financial services firms, or healthcare practices (e.g., chiropractic or acupuncture). The landlord is willing to provide build-out assistance for suitable tenants. This property presents a unique opportunity to establish a thriving business in a desirable Fitchburg location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,554,100

  6.5%

  $9,742,280

  7%

  $9,046,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,236,060

  Geo Method

  $6,717,640

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $19,793,000

  Retail / Commercial

  $10,029,800

  Mixed-Use / Specialty

  $9,899,540

  Hospitality / Lodging

  $7,139,920

  Office

  $9,742,280

  Institutional / Educational

  $10,257,700

  Residential Income

  $12,001,600

  Multifamily

  $14,918,000

  Automotive / Energy

  $8,792,360

  Parking / Income-Based Land

  $3,127,510

  Restaurant / Food Service

  $4,947,120

  Healthcare / Senior Housing

  $10,248,700

Location Insight

City

Fitchburg

County

Dane

State

Wisconsin

Latitude

43.013

Longitude

-89.4749

CBSA code

31540

CBSA name

MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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