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    Lt1 Hwy, Unit 50 - Delavan, WI 53115

    For Sale
    $5,900,000

    Vacant Land - Delavan, WI

    Lot size:
    66.77 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 11 at 5:06 am

    Property Features for Lt1 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2, R-4, R-5
    APN
    FLPB 00001
    Lot size
    66.77 Acres

    Building Details

    Architectural style
    Other

    Lake Geneva Area Realty, Inc. (262) 249-3000 [email protected]

    Listing agent Amber Bautz (262) 249-3000 License #110811-94

    Listing date Nov 3, 2025

    MLS# 1938174 Listing URL

    Copyright © 2025 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    66-Acre Mixed-Use Development Opportunity

    Lake Prairie Retail Park is a 66-acre, pre-divided development offering 26 mixed-use commercial and residential parcels. The property is zoned B-2, R-4, and R-5, supporting a blend of retail, service, and residential uses. It has 2,600+/- feet of frontage along Highway 50, a major thoroughfare in Walworth County, and an additional 2,000+/- feet of frontage along Hwy F, the main road between Delavan to Fontana and Williams Bay. This location is intended to serve the growing demand of the Lake Geneva area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Delavan
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.572263
    Latitude
    42.613703

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    FAQs

    What type of property is this?
    Commercial land - 66-acre pre-divided development with mixed-use commercial and residential parcels.
    Where is this commercial land located?
    The property is located at Lt1 Hwy, Unit 50 - Delavan, WI.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: - 66-acre pre-divided development opportunity.; - Boasting 2,600+\/- feet of frontage on Highway 50.; - Zoned B-2, R-4, and R-5 for mixed-use commercial and residential development.
    (262) 249-3000
    Request Owner's contact information
    Lt1 Hwy, Unit 50 - Delavan, WI 53115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lt1 Hwy, Unit 50 - Delavan, WI 53115
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