Lt0 Borg Rd Delavan, WI 53115
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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