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Property profile & analytics
OFF-MARKET
Commercial real estate

1211 Hobbs Dr Delavan, WI 53115-2041

0.63 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US92-0786997
Property summary
AI-generated overview

This exceptional 5,625-square-foot warehouse, located at 1211 Hobbs Drive in Delavan, Wisconsin, presents a compelling investment opportunity. Built in 2005, this property boasts a desirable Business Local (BL) zoning designation, offering versatility for a range of commercial uses. The warehouse features a generous 0.63-acre lot, providing ample space for maneuvering and potential expansion. Inside, the high ceilings, ranging from 14 feet to 15 feet 6 inches, offer significant storage capacity and operational flexibility. One loading dock simplifies loading and unloading operations. The property's strategic location offers convenient access to I-43, just 0.6 miles away, ensuring seamless transportation and logistics. Furthermore, its prominent position provides excellent visibility from Wright Street, enhancing its marketing potential. The property's APN is XA362100001. This well-maintained warehouse in Walworth County, Wisconsin, zip code 53115, represents a rare opportunity to acquire a functional and strategically located commercial property. The asking price is $629,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.63 ac (27,573 SF)
APN XA362100001
UPID US92-0786997
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fastenal Fulfillment Center Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Absolute Leasing LLC · 1 yrs held
Absolute Leasing LLC
since 2024
1 recorded transaction
2024
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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