Property profile

1545 Hobbs Dr Delavan, WI 53115

OFF-MARKET
Commercial real estate
Property ID
US92-1692297
12,524 SF 2167 ac lot Built 1994
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Property summary

AI-generated overview

This exceptional 12,524 square foot commercial property, situated on a spacious 2.17-acre lot in Delavan, Wisconsin, presents a unique investment opportunity. Its convenient location offers easy access to major roadways and highways, ensuring excellent visibility and accessibility for businesses and clients. The building was originally designed to accommodate a daycare center and office space for non-profit organizations. The adaptable floor plan features several private offices, each with its own exterior entrance, providing flexibility and privacy for various tenants or departments. A fully equipped kitchen is included, along with multiple bathrooms and meeting rooms of varying sizes. The property's versatile design lends itself to a wide range of commercial uses. Potential uses include, but are not limited to, a wellness center, co-working space, recreational facility, or medical/dental office. The ample space and convenient location make this property an ideal choice for businesses seeking a prominent presence in the Delavan area. The property is priced at $1,399,000 and offers significant potential for return on investment. This is a rare opportunity to acquire a substantial commercial property with exceptional adaptability and prime location. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 1994
Total area 12,524 SF
Lot 2167 ac (94,394,520 SF)
UPID US92-1692297

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency Charitable Organization
  • Church
  • Food Bank Charitable Organization

Location

1545 Hobbs Dr Delavan, WI 53115
Delavan metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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