Add Listing
    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

    Lot 3 TBD Menomonie, WI 54751

    View on Map
    Claim this Listing
    Picture of Land at Lot 3 TBD, Menomonie, WI
    For Sale
    $59,000

    Lots & Land - Sherman Twp, WI

    Lot size:
    3.00 Acres
    Added:
    Jun 4, 2025
    Days on Market:
    322
    Last Refresh:
    Apr 21 at 9:06 am

    Property Features for Lot 3 TBD

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agriculture
    Standard status
    Active
    APN
    1703222913321100003
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jesse Penman

    Listing agent Jesse Penman

    Listing office EXP REALTY 4525 White Bear Parkway, White Bear Lake, WI

    Listing date Jun 4, 2025

    MLS# 6733076 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sherman Twp Land For Sale

    This property consists of approximately 3 acres of mostly open land featuring gentle slopes and convenient access to the main highway. Located in Sherman Twp, WI, it is zoned for agriculture. The land is suitable for building or recreational use in a private, quiet area.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Menomonie
    County
    Dunn
    State
    Wisconsin
    Longitude
    -92.0071
    Latitude
    44.857

    Nearby Similar for Sale

    • $385,000
      2,209 SF

      Menomonie Office Building For Sale

      Versatile office building suitable for medical, daycare, or professional services.
      1813 & 1819 Wilson Street NE, Menomonie, WI 54751
      View Details
    • $385,000
      4,320 SF

      Prime Commercial Space, Menomonie, WI

      Versatile commercial property in downtown Menomonie with high foot traffic.
      719 S Broadway Street, Menomonie, WI 54751
      View Details
    • $369,000
      2,807 SF

      Menomonie Duplex: Investor or Owner

      Side-by-side duplex in desirable area, ideal for investors.
      N7018/7020 564th Street, Menomonie, WI 54751
      View Details
    • $299,000
      2,480 SF

      Menomonie Commercial Building For Sale

      Commercial building in North Menomonie, suitable for office or daycare.
      1820 Talen Street, Menomonie, WI 54751
      View Details
    • $250,000

      Wooded Land Near Tainter Lake

      2.22-acre wooded parcel near Tainter Lake, ideal for recreation.
      732nd Avenue lot: 3, Menomonie, WI 54751
      View Details
    • $184,500

      Tainter Lake Vacant Land

      1.11 acres with lake views, steps to the lake.
      N7598 State Road 25, Menomonie, WI 54751
      View Details
    • $179,900

      Development Opportunity in Downtown Menomonie

      Commercial lot in downtown Menomonie near UW Stout.
      244 Main Street E, Menomonie, WI 54751
      View Details
    • $585,000
      4,332 SF

      Iconic Wisconsin Sports Bar/Dance Club

      Wisconsin sports bar and dance club with apartment for sale.
      619 Broadway S Street, Menomonie, WI 54751
      View Details
    • $250,000

      Tranquil Land with River Frontage

      16+ acre property with Red Cedar River frontage.
      000 State Rd 25, Menomonie, WI 54751
      View Details
    • $189,900
      1,200 SF

      Menomonie Investment Property Near UW-Stout

      Investment property near UW-Stout, leased until 5/31/27.
      1208 7th Street E, Menomonie, WI 54751
      View Details
    • $2,390,000
      14,200 SF

      Updated Building in Menomonie, WI

      Extensively renovated commercial building suitable for sale or lease.
      2000 Stout Street, Menomonie, WI 54751
      View Details
    • $381,000

      Menomonie Land Development Opportunity

      11.47 acres in Menomonie, suitable for single or multi-family homes.
      1905 Dairyland Road, Menomonie, WI 54751
      View Details

    FAQs

    What type of property is this?
    Land - Three acre lot suitable for building or recreation in Wisconsin.
    Where is this land located?
    The property is located at Lot 3 TBD Menomonie, WI.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: Mostly open land suitable for building.; Gentle slopes for easy development.; Easy access to the main highway.
    (651) 336-4835
    We can help!
    Listing Contact
    Jesse Penman
    Real Estate License ID: 81152-94
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!