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    Lt0 Borg Rd Delavan, WI 53115

    For Sale
    $2,400,000

    Prime residential development land near I-43.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 70-acre parcel in Delavan, Wisconsin, presents a remarkable development opportunity. Ideally situated adjacent to a newly constructed Fleet Farm and a planned Meijer store, this property boasts unparalleled access to I-43, ensuring convenient connectivity. The land offers stunning views of Delavan Lake and is a short drive from the Highway 50 retail corridor. Currently zoned RM-8, the property allows for single-family and multi-family development, with a potential density of 274 units. This zoning flexibility opens doors to a variety of development scenarios, including high-density multi-family projects, mixed-use residential developments, or traditional single-family subdivisions. The property's location, zoning, and potential density make it an attractive investment for developers seeking a high-return project in a thriving Wisconsin community. The lot size is approximately 70 acres, and the APN is XWUP 00208B. This is a rare opportunity to acquire a large tract of land in a desirable location with excellent access to major transportation routes and retail amenities. The asking price for this exceptional property is $2,400,000.

    Property Features for Lt0 Borg Rd

    General Information

    Property type
    Land
    Lot Size
    3,049,200 SF

    HighLights

    • 70‑acre development site in Delavan, WI.
    • Prime location adjacent to Fleet Farm and planned Meijer, with I‑43 access.
    • Stunning Delavan Lake views and proximity to Highway 50 retail corridor.
    • RM‑8 zoning allows for up to 274 residential units (single‑family and multi‑family).
    • APN: XWUP 00208B.
    • Asking price: $2,400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delavan
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.625575254312
    Latitude
    42.61797441315

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    FAQs

    What type of property is this?
    Land - Prime residential development land near I-43.
    Where is this land located?
    The property is located at Lt0 Borg Rd Delavan, WI.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 70-acre development site in Delavan, WI.; Prime location adjacent to Fleet Farm and planned Meijer, with I-43 access.; Stunning Delavan Lake views and proximity to Highway 50 retail corridor.
    Request Owner's contact information
    Lt0 Borg Rd Delavan, WI 53115
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    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Lt0 Borg Rd Delavan, WI 53115
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