Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    129 S Crystal Lake Rd Beaver Dam, WI 51916

    Sponsored
    For Sale
    $2,499,000

    Rural,Farm - Beaver Dam, WI

    Lot size:
    129.36 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 1 at 8:06 am

    Property Features for 129 S Crystal Lake Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    G4 G5
    APN
    004-1114-0344-002
    Exterior features
    Stream/Spring, Driveway, None
    Lot size
    129.36 Acres

    Utilities

    Water front features
    Stream/Creek, Stream/Creek

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Michelle DeLaTorre

    Mike Wissell Real Estate LLC (920) 319-0114

    Listing agent Michelle DeLaTorre (920) 319-0114

    Listing date Jan 31, 2026

    MLS# 1999179 Listing URL

    Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    129 Acres of Farmland

    Located just outside Beaver Dam, this property features 129 acres of Wisconsin farmland, including 114 acres of high-producing agricultural ground and 15 acres of undeveloped land. The land is zoned G4 and G5. The location offers both rural serenity and convenient access from Crystal Lake Road and Raceway Road. This land is suitable for seasoned growers, savvy investors, or visionary developers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaver Dam
    County
    Dodge
    State
    Wisconsin
    Longitude
    -88.805235735352
    Latitude
    43.448005535608

    Nearby Similar for Sale

    • $525,000

      Beaver Dam Retail/Office Building

      8,000 sq ft retail or office building in Beaver Dam.
      310 Seippel Blvd, Beaver Dam, WI 53916
      View Details
    • $300,000

      Beaver Dam Office Building For Sale

      Office building with rental income potential in downtown Beaver Dam.
      215 N Spring St, Beaver Dam, WI 53916
      View Details
    • $250,000

      Beaver Dam Office/Retail Space

      1,123 sq ft office/retail space in multi-use commercial condo.
      200 D Front St, Beaver Dam, WI 53916
      View Details
    • $250,000

      Downtown Beaver Dam Office Suite

      1,877 SF office suite in downtown Beaver Dam.
      200 E Front St, Beaver Dam, WI 53916
      View Details
    • $2,950,000
      54,630 SF

      Historic Rogers Apartments Investment Opportunity

      Historic building with apartments, commercial spaces, and floral shop.
      103 E Maple Ave, Beaver Dam, WI 53916
      View Details
    • $675,000

      Modern Office Building Near Highway

      High-visibility office building with flexible owner-user or investment potential.
      718 Park Ave, Beaver Dam, WI 53916
      View Details
    • $300,000

      Office Building in High-Visibility Location

      Office building with rental income potential in a visible location.
      215 N Spring St, Beaver Dam, WI 53916
      View Details
    • $185,000
      988 SF

      Duplex Near Downtown Amenities

      Duplex with updated units, basement, and backyard near downtown.
      317 E Maple Ave, Beaver Dam, WI 53916
      View Details
    • Contact for pricing

      Versatile Office/Retail Space Available

      Adaptable office space suitable for retail or event venue.
      138 Front St, Beaver Dam, WI 53916
      View Details
    • Contact for pricing

      Office Suite in Beaver Dam

      357 sq ft office suite for lease.
      138 Front St, Beaver Dam, WI 53916
      View Details
    • Contact for pricing

      Downtown Office Space for Lease

      Office space for lease in downtown arts district.
      138 Front St, Beaver Dam, WI 53916
      View Details
    • Contact for pricing

      Downtown Office Space Available

      Front-corner office space in downtown arts district available for lease.
      138 Front St, Beaver Dam, WI 53916
      View Details

    FAQs

    What type of property is this?
    Farm - 129 acres of farmland just outside of Beaver Dam, WI.
    Where is this farm located?
    The property is located at 129 S Crystal Lake Rd Beaver Dam, WI.
    What is the asking price?
    The asking price for this property is $2,499,000.
    What are key features of this property?
    This property features: - 114 acres of HIGH-PRODUCING agricultural land.; - Total of 129 acres of Wisconsin farmland.; - Fertile soil and open space.
    (920) 210-0424
    Request Owner's contact information
    129 S Crystal Lake Rd Beaver Dam, WI 51916
    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.
    129 S Crystal Lake Rd
    Beaver Dam, WI 51916
    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
    129 S Crystal Lake Rd Beaver Dam, WI 51916
    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

    We can help!
    Listing Contact
    Michelle DeLaTorre
    (920) 210-0424
    Learn more
    Google sign-in failed. Please try again or use another login method.