Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    12248 Dupont Hurley, WI 54534

    View on Map
    Claim this Listing
    For Sale
    $1,650,000

    Farm, Historic - Hurley, WI

    Type:Farm
    Property size:
    2,197 SF
    Lot size:
    51.28 Acres
    Price / SF:
    $751/SF
    Added:
    Oct 3, 2025
    Days on Market:
    216
    Last Refresh:
    May 6 at 10:06 am

    Property Features for 12248 Dupont

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Kitchen, Library, Living Room
    Parking features
    Garage, Garage - Detached
    Patio and Porch features
    Patio, Deck
    Interior features
    Other (InteriorFeatures)
    Exterior features
    Deck, Patio, Garden Area, Barn, Shed, Guest House, Other (otherstructures)
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    014-0028-00008
    Size
    2,197 SF
    Lot size
    51.28 Acres

    Utilities

    Heating system
    Fireplace(s), Forced Air
    Cooling system
    Ceiling Fan(s)
    Water front features
    River Frontage, Waterfront
    Water front
    1

    Building Details

    Year built
    1938
    Floors in Building
    2
    Building materials
    Block
    Architectural style
    Other
    Additional Structures
    Barn(s), Guest House, Packing Shed, Shed(s)

    We can help!

    Listing Contact
    TIMOTHY RILEY

    Listing agent TIMOTHY RILEY License #6501437683

    Listing office SHOREWEST REALTORS E6308 Valhalla Drive, Watersmeet, WI

    Listing date Oct 3, 2025

    MLS# 50190486 Listing URL

    Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hurley Farm and Agricultural Land

    This property features a farm and agricultural land totaling 51.28 acres. The property includes a structure with a size of 2197 square feet. Located in Hurley, Wisconsin, the property is situated in Iron County. Intended buyers are advised to independently verify all property dimensions and building measurements.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Real Estate Agency Department Store Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hurley
    County
    Iron
    State
    Wisconsin
    Longitude
    -90.161419
    Latitude
    46.41812

    Nearby Similar for Sale

    • $139,000

      Remodeled Commercial Building on Silver

      Turnkey bar/restaurant opportunity in downtown Hurley, WI.
      211 SILVER ST, Hurley, WI 54547
      View Details
    • $99,000

      Vacant Land in Hurley, Wisconsin

      3.76 acres of residential land with utilities available.
      206 Tilden, Hurley C-WI, WI 54534-1111
      View Details
    • $375,000
      27,000 SF

      Versatile Commercial Building on Silver Street

      27,000+ sqft commercial building with high visibility in Hurley.
      303 Silver St, Hurley, WI 54534
      View Details
    • $16,500

      Whitecap Mountain Resort Home Site

      Wooded corner lot near Whitecap Mountain Resort with utilities available.
      ALPINE DR lot: 35, Hurley, WI 54565
      View Details
    • $19,500

      Whitecap Mountain Resort Home Site

      Wooded lot near Whitecap Mountain Resort with utilities.
      ALPINE DR lot: 15, Hurley, WI 54565
      View Details
    • $19,500

      Land Near Whitecap Mountain

      Wooded homesite near Whitecap Mountain with access to outdoor activities.
      ALPINE DR lot: 16, Hurley, WI 54565
      View Details
    • $299,000

      Turn-Key Restaurant Opportunity on Highway

      Operating restaurant with furnishings, fixtures, and equipment included.
      10381 Us Highway 51, Hurley, WI, 54534
      View Details
    • $589,000
      6,990 SF

      Established Motel in Tourist Destination

      18-room motel with manager's quarters in Hurley, Wisconsin.
      100 Silver St, Hurley, WI 54534
      View Details

    FAQs

    What type of property is this?
    Farm - 51.28 acre farm and agricultural land in Hurley, Wisconsin.
    Where is this farm located?
    The property is located at 12248 Dupont Hurley, WI.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: River Frontage and Waterfront; Includes a Guest House, Barn, Shed, and Garden Area; Relax or entertain on the Deck and Patio
    (608) 279-5669
    We can help!
    Listing Contact
    TIMOTHY RILEY
    Real Estate License ID: 6501437683
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12248 Dupont, Hurley, WI 54534
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!