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    39 42.81 Acres Hwy New Glarus, WI 53574

    For Sale
    $599,900

    Rural - New Glarus, WI

    Lot size:
    42.81 Acres
    Days on Market:
    299
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 39 42.81 Acres Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    Zoning
    Ag
    APN
    024-0122.0000
    Exterior features
    Wooded, Other
    Lot size
    42.81 Acres

    Building Details

    Architectural style
    Other

    Hedeman Real Estate Company (608) 325-2000 [email protected]

    Listing agent Joel Hedeman (608) 325-2000

    Listing date Feb 10, 2025

    MLS# 1991704 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Glarus Land Opportunity

    This 42.81-acre parcel of land is located just west of New Glarus, Wisconsin. It offers access directly off State Road 39 via an existing gravel drive, with additional field road access on the south end at Legler Valley Road. The property presents opportunities for tillable income and lot development, along with hunting. A cell phone tower is located on the land with a lease that has 37 years remaining, paying approximately $4,000 per year with a 3% annual increase. The property is zoned Ag.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    New Glarus
    County
    Green
    State
    Wisconsin
    Longitude
    -89.668779989624
    Latitude
    42.816722244055

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    FAQs

    What type of property is this?
    Agricultural land - 42.81 acres near New Glarus, Wisconsin with income potential.
    Where is this agricultural land located?
    The property is located at 39 42.81 Acres Hwy New Glarus, WI.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - Large 42.81-acre parcel near New Glarus, WI.; - Income-generating cell tower lease with 37 years remaining and annual payments of approximately $4,000 with a 3% annual increase.; - Dual road access points: State Rd 39 (with existing gravel drive) and Legler Valley Rd.
    (608) 325-2000
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    39 42.81 Acres Hwy New Glarus, WI 53574
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