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Flex Space with Office and Warehouse
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1700 Mound Road A&b, Delavan, WI 53115

Private office entry, shared loading access, and included utility services support day-to-day operations.

Property Size4,000 SF
Price / SF$0.75
Days on Market80

Property Features for 1700 Mound Road A&b

General Information

Standard status Active
Size 4,000 SF

Building Details

Year Built 1960
Listing Agency: Ryan G. Simons Company, Inc.
Listed By: Ryan Simons · License #5532190
Source: Jwregwi
Added: Jul 29 Changed: Oct 2 Last Checked: Oct 15 at 3:18AM

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 flex-space property provides 4,000 square feet divided between 1,000 square feet of office area and 3,000 square feet of warehouse space. The office component has its own entrance, while occupants share access to a loading dock, security system, and washroom. Gas, electric, water, and sewer charges are included.

The property is near the intersection of Hwy 11 and Hwy 43. Its office-and-warehouse configuration is suited to operations requiring administrative space alongside storage, handling, or pick-and-pack functions.

Key Highlights

  • 4,000 square feet with 1,000 square feet of office and 3,000 square feet of warehouse space
  • Private entrance for the office area
  • Shared loading dock, security system, and washroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,398
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,960 $668.0K
Cap Rate 7%
$477,114 $477.1K
Cap Rate 9%
$371,089 $371.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$48.0K $12.00/SF
− Vacancy
−$288 −$0.07/SF
EGI
$47.7K $11.93/SF
− OpEx
−$14.3K −$3.58/SF
NOI
$33.4K $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%
$667,960
Cap Rate 7%
$477,114
Cap Rate 9%
$371,089

Alternative Uses

Best Use
Flex RnD
$594.9K
$520.6K – $694.1K (±1% cap)
NOI $41,646 @ 7.0% cap · market cap 1,388.20%
Second Best
Warehouse
$579.4K
$506.9K – $675.9K (±1% cap)
NOI $40,555 @ 7.0% cap · market cap 1,351.83%
Theoretical Best
Specialty Retail
$771.9K
$675.5K – $900.6K (±1% cap)
NOI $54,036 @ 7.0% cap · market cap 1,801.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Logterman Storage & Warehouse Storage Facility

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center (Bike/Boat/Book/etc) Store HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Private office entry, shared loading access, and included utility services support day-to-day operations.
Where is this flex space located?
The property is located at 1700 Mound Road A&b Delavan, WI.
What are key features of this property?
This property features: 4,000 square feet with 1,000 square feet of office and 3,000 square feet of warehouse space; Private entrance for the office area; Shared loading dock, security system, and washroom
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