

Residential Development Opportunity - Olive Tree Residences
Prime residential development opportunity in madison! Leg work completed!
Marketing 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. Two parcels totaling approx. 2.28 acres. Significant upfront risk mitigated—ready for execution and capital deployment. This lot is comprised of two parcels, sharing the same address. One parcel is 1.32 acres, the other .957 for a total of approximately 2.28 acres. Parcels: 0709-363-9330-3 and 0709-363-9400-8. The Snyder associates who completed the engineering work and will provide the Cad files/plans to the prospective buyer. Bids also available upon request.
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