2735 Rimrock Road, Fitchburg

$1,500,000

0 Beds
0 Baths
0 Sqft
2.28 Acres
0 Garages

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.

Pinnacle Real Estate Group LLC, Pref: 608-575-6428.

Essential Information
Status Active
Detailed Status Active
Days on Market 46
MLS® # 2021347
Price $1,500,000
Acres 2.28
Price Per Acre $657,895
Type Lots & Acreage
Assessed Value $144,400
Year Assesed 2025
Net Taxes $2,528
Tax Year 2025
Utilities Natural gas, Electricity, Telephone, Cable
Zoning Res
Type City, 5+ Unit Lot, In Condo Plat
Description Corner, Close to busline
Features Wooded
Topography Level
Community Information
Address 2735 Rimrock Road
MLS® Area FITCHBURG - C
City Fitchburg
County Dane
State WI
Zip Code 53713
Amenities
Is Waterfront No
Golf Course No
School Information
District Madison
Middle Sennett
Parcel Information
Specific Builder Required No
Utilities Available to Lot Natural gas, Electricity, Telephone, Cable
Water System Municipal water available
Waste System Municipal sewer available
Road Paved
Improvements Sidewalk
Additional Information
Zoning Res
Short Sale No
REO / Bank Owned No
Map Views
To load a map, click on one of the tabs above

Get directions to this property:

DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is 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.

Data provided by the South Central Wisconsin MLS as of 06/06/2026.

Copyright 2026 – (South Central Wisconsin MLS) – All Rights Reserved

Sign up for email updates