506 Betzer Rd Delavan, WI 53115
- Land
- 3.49 lot acres
Current Use by Public Records
- Land
Property Details for 506 Betzer Rd
- Lot size
- 3.49 lot acres
- Property type
- Land
Description
This exceptional 3.49-acre parcel in Delavan, Wisconsin, presents a remarkable multi-family development opportunity. Located at 506 Betzer Rd, Walworth County, zip code 53115, this RM-12 zoned land is primed for immediate construction. The property boasts approved plans for a 24-unit condominium complex, comprising three buildings, with individual tax parcels for each unit. One foundation is already in place, significantly reducing upfront development costs and accelerating the project timeline. This shovel-ready project offers a streamlined path to realizing a substantial return on investment within the thriving Delavan community. The existing plans provide a solid foundation for immediate development, minimizing the need for extensive pre-construction planning and approvals. The property's location in Delavan offers access to local amenities and a growing population base, ensuring strong rental demand. The asking price for this exceptional opportunity is $330,000. Detailed plans and further due diligence materials are available upon request. This is a rare chance to acquire a fully permitted and partially developed site, ready for immediate construction in a desirable Wisconsin location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delavan
- County
- Walworth
- State
- Wisconsin
- Longitude
- -88.6751
- Latitude
- 42.6264
