Financial
Distress signals
Property profile

1211 Hobbs Dr Delavan, WI 53115

FOR SALE
Other commercial real estate
Property ID
US92-0786997
0.63 ac lot
Last sale Dec 2024 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 6,000-square-foot flex building in Delavan, Wisconsin, constructed in 2004. It features an open commercial interior with three private offices and includes a 14-foot overhead door that provides vertical clearance for operations such as warehousing and distribution. The building has a metal roof and sits on a 0.63-acre lot with access to major roadways. The layout and physical configuration are suitable for multiple commercial uses, including retail, office, and light industrial activities, subject to applicable requirements.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$373k
Assessed land$70k
Assessed improvement$304k
Effective rate2.23%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$432
Operating expenses−$21k
NOI · 8.56% cap applied$50k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
8.56%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWALWORTH

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.1
Electrical Service12.0
HVAC Service12.0

Location

1211 Hobbs Dr Delavan, WI 53115
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Delavan, WI 53115 $65,000 Jan 2026 N/A
220 Walworth, Delavan, WI 53115-1000 $439,900 Jan 2026 N/A
1440 Racine, Delavan, WI 53115-1469 $290,000 Dec 2025 N/A
548 Delavan, Delavan, WI 53115-3049 $550,000 Oct 2025 N/A
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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