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2735 Rimrock Road Fitchburg, WI 53713 • Land - Multiple • Active

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Description

Looking for a turnkey investment opportunity? 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 Highlights

Property Type: Land - Multiple
Total Acres:

General Information

County: Dane
High School: Lafollette
Listed By:
RE/MAX Preferred Rachel@InkwellWI.com
SCWMLS
$1,500,000
Est. $9,817/mo

Listing Courtesy of: RE/MAX Preferred
Agency Contact: Rachel@InkwellWI.com
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Active
LOT SIZE 2.280 acres MLS#2016317
STATUSActive PROPERTY TYPELand - Multiple SCHOOLMadison
TOUR PROPERTY

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Shown By

Lindsay Morhardt
 (563) 241-8092

Contact an agent to learn more about

2735 Rimrock Road, Fitchburg, WI 53713.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,500,000$1,500,000$1,500,000
Down Payment $52,500$0$300,000
Monthly Mortgage Amount $8,949$9,310$7,291
Taxes $2088$2088$2088
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $900$0$0
Monthly Estimated Total $12,375$11,836$9,817

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/20/2026. The listing information on this page last changed on 04/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/20/2026 12:14:11 AM EST) or MRED MLS (last updated Mon 04/20/2026 12:11:51 AM EST) or SCWMLS (last updated Sun 04/19/2026 11:54:36 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 04/19/2026 10:15:20 PM EST) or Cedar Rapids MLS (last updated Sun 04/19/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Mon 04/20/2026 12:08:41 AM EST) or ICAAR MLS (last updated Sun 04/19/2026 11:37:26 PM EST) or ECIMLS (last updated Sun 04/19/2026 11:44:11 PM EST) or RMLSA (last updated Mon 04/20/2026 12:10:56 AM EST) or Muscatine MLS (last updated Mon 04/20/2026 12:00:22 AM EST) or No Coast MLS (last updated Mon 04/20/2026 12:04:15 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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