LOT SIZE 2.280 acres
MLS#2016317
STATUSActive
PROPERTY TYPELand - Multiple
SCHOOLMadison
Listing Courtesy of:
RE/MAX Preferred
Agency Contact: Rachel@InkwellWI.com
Property Description
Calling all investors! Olive Tree Residences presents a shovel-ready multifamily condominium development opportunity in Fitchburg, WI. PDD/SIP zoning approval was granted and recorded September 2025, providing certainty for the approved 20-unit program. Plans call for 2?3 bedroom units (approx. 1,700?2,500 SF) with 2.5?3.5 baths and attached 2-car garages?well positioned for strong absorption in a high-demand market. Significant entitlement, permitting, and due-diligence work has already been completed: all public utility permits (erosion control, stormwater, MMSD, WI DNR), Phase I ESA, geotechnical report, asbestos/mold remediation, and full site demolition/clearing. Engineering is complete; CAD files available. Construction bid interest secured. Recently combined parcels are approx. 2.28 acres. Significant upfront risk mitigated?ready for execution and capital deployment.
Property Features
Property Type: Land - Multiple
Home Style: 5+ Unit Lot, City, In Condo Plat
Lot Size:
Taxes: $2,528
Feature Descriptions
Days on Site: 22
Improvements: Sidewalk
Lot: Corner, Close to busline
Miscellanous: Wooded
Sewer: Municipal sewer available
Utilities Available to Lot): Natural gas, Electricity, Telephone, Cable
Water: Municipal water available
Wooded: Yes
Local Schools
High School: Lafollette
Middle School: Sennett
School District: Madison
Listed By / Shown By
Listed By
Agency Name: RE/MAX Preferred
Agency Contact: Rachel@InkwellWI.com
Shown By
Agency Title: Stark Company Realtors
Agency Phone: 608-256-9011
Estimate Your Payment
Estimated Payment
$ 8,602.51 per month $7,954.34 Principal & Interest $210.67 Property Tax $437.50 Homeowner's InsuranceChange Payment Information
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2735 Rimrock Road | MLS# 2016317
This land located at 2735 Rimrock Road, Fitchburg, WI 53713 is currently listed for sale with an asking price of $1,500,000. The property has approximately Acres. Rimrock Road is located within the Madison school district. Search Fitchburg real estate on www.starkhomes.com today.