Office Unit with Private
For Sale
Contact for pricing
1700 Mound Road A, Delavan, WI 53115
Office space connected to a warehouse building offers a private restroom, windows, parking, and included utilities.
Property Size1,000 SF
Price / SF$1.00
Days on Market81
Property Features for 1700 Mound Road A
General Information
Standard status
Active
Size
1,000 SF
Additional Details
Utilities to Site
Yes
Amenities
private entrance
private restroom
multiple windows
Building Details
Year Built
1960
Listing Agency:
Ryan G. Simons Company, Inc.
Listed By:
Ryan Simons · License #5532190
(608) 852-3156
Source:
Jwregwi
Added: Jul 28
Changed: Oct 15
Last Checked: Oct 15 at 1:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ryan G. Simons Company, Inc.
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Investment Insights
Based on property information with market context.
This office unit is attached to a warehouse building and occupies a corner-lot position. The space includes a private entrance, private restroom, multiple windows, and parking. Gas, electric, water, and sewer service are included. Built in 1960, the property provides a dedicated office configuration within a larger commercial building.
Key Highlights
- 1,000 SF office area attached to a warehouse building
- Private entrance and private restroom
- Multiple windows provide natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,350
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,000
$167.0K
Cap Rate 7%
$119,286
$119.3K
Cap Rate 9%
$92,778
$92.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$12.0K $12.00/SF
− Vacancy
−$72 −$0.07/SF
EGI
$11.9K $11.93/SF
− OpEx
−$3.6K −$3.58/SF
NOI
$8.3K $8.35/SF
Area
Walworth County, WI
Vacancy
0.60%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,000
Cap Rate 7%
$119,286
Cap Rate 9%
$92,778
Alternative Uses
Best Use
Flex RnD
$148.7K
$130.1K – $173.5K
NOI $10,411 @ 7.0% cap · market cap 1,041.10%
Second Best
Office B
$125.4K
$109.7K – $146.3K
NOI $8,775 @ 7.0% cap · market cap 877.50%
Theoretical Best
Specialty Retail
$193.0K
$168.9K – $225.2K
NOI $13,509 @ 7.0% cap · market cap 1,350.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 53115, WI
15,884
Population
8,848
Households
1.8
Avg Household Size
43
Median Age
25%
College-Educated
89%
High-School Grad
71.9 sq mi
ZIP Area
221
Density / Sq Mi
$70,880
Median Household Income
$38,871
Median Earnings
$1,012
Median Rent
$225,900
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Office space connected to a warehouse building offers a private restroom, windows, parking, and included utilities.
Where is this office units located?
The property is located at 1700 Mound Road A Delavan, WI.
What are key features of this property?
This property features: 1,000 SF office area attached to a warehouse building; Private entrance and private restroom; Multiple windows provide natural light
