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Listed with Pinnacle Real Estate Group LLC
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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.
| LAST UPDATED | 4/21/2026 | YEAR BUILT | 0 |
|---|---|---|---|
| COUNTY | Dane | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| School District | Madison |
|---|---|
| Elementary School | Call School District |
| Jr. High School | Sennett |
| High School | Lafollette |
| ADDITIONAL DETAILS | |
| LOT | 2.28 acre(s) |
|---|---|
| LOT DESCRIPTION | Corner Lot, Level, Wooded |
| MLS STATUS | Active |
| TAXES | 2528 |
| UTILITIES | Natural Gas Available, Sewer Available |
| WATER | Public |
| ZONING | PUD,Single family |
MORTGAGE CALCULATOR
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Listed with Pinnacle Real Estate Group LLC
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