Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Waupaca, WI Title is generated by Realmo AI

    608 W UNION Street, Waupaca, WI 54981

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - WAUPACA, WI

    Lot size:
    0.19 Acres
    Added:
    Feb 2, 2026
    Days on Market:
    100
    Last Refresh:
    May 13 at 4:06 am

    Property Features for 608 W UNION Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    341978139
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    200

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Adriana Nieto

    Listing agent Adriana Nieto

    Listing office Keller Williams Fox Cities 517 N Westhill Blvd, Appleton, WI

    Listing date Feb 2, 2026

    MLS# 50320624 Listing URL

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

    HighLights

    • Single family residential lot in Waupaca.
    • Municipal water and sewer available.
    • Natural gas available.
    • Bring your own builder and vision.
    • Public Sewer
    • Public Water

    Overview

    This residential lot is located in Waupaca, Wisconsin. The lot size is 0.19 acres. Municipal water and sewer laterals are available. Electricity, gas, telephone and cable availability to be verified by buyer. The property is zoned for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Waupaca
    County
    Waupaca
    State
    Wisconsin
    Longitude
    -89.095232
    Latitude
    44.357307

    Nearby Similar for Sale

    • $299,999

      Historic Commercial Building in Waupaca

      Adaptable commercial space in central downtown location with high visibility.
      219 Jefferson Street, Waupaca, WI 54981
      View Details
    • $799,900
      9,600 SF

      Waupaca Recycling Center with Equipment

      Complete copper recycling center with equipment on a 3-acre lot.
      1975 SPINDT DRIVE, Waupaca, WI 54981
      View Details
    • $550,000
      9,600 SF

      Waupaca Commercial Building on Large Lot

      Commercial building with high visibility, easy highway access, and large lot.
      1975 SPINDT DRIVE, Waupaca, WI 54981
      View Details
    • $450,000

      Waupaca Farmstead on Wooded Acreage

      Well-maintained farmstead on 4.5 acres near Waupaca, Wisconsin.
      N4565 Foley Drive, Waupaca, WI 54981
      View Details
    • $126,000

      Waupaca Riverfront Land Parcel

      2.5-acre lot with 330 feet of Waupaca River frontage.
      N3820 MANNEY COURT, Waupaca, WI 54981
      View Details
    • $399,000

      Waupaca Commercial TIF Development Land

      Prime commercial land in Waupaca, WI, with high traffic exposure.
      N2541 FARM Drive, WAUPACA, WI 54981
      View Details
    • $399,900

      Waupaca Farmland with Woods

      49.44 acres of woods and farmland near Waupaca.
      MORGAN Drive, WAUPACA, WI 54981
      View Details
    • $949,900

      Waupaca Hobby Farm and Recreation

      49.75 acres for hobby farming, homesteading, and recreation.
      E2985 BUNKER Road, WAUPACA, WI 54981
      View Details
    • $175,000

      8.71 Acres with Pool Room

      Land with pool room, well, septic, and circular driveway.
      E450 GRENLIE Road, WAUPACA, WI 54981
      View Details
    • $64,900

      Waupaca Land with Pond

      5.65 acres near Englewood Estate neighborhood with pond.
      HIGH POINT Ridge, WAUPACA, WI 54981
      View Details
    • $99,900

      Residential Land with Pole Shed

      Versatile 1.11-acre lot with pole shed near Waupaca.
      E2030 POLLY Road, WAUPACA, WI 54981
      View Details
    • $429,900

      8.5 Acres on HWY QQ

      8.5 acres of commercial land with frontage on HWY QQ.
      N3054 COUNTY ROAD QQ, WAUPACA, WI 54981
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in Waupaca with municipal utilities available.
    Where is this residential land & home lot located?
    The property is located at 608 W UNION Street Waupaca, WI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Single family residential lot in Waupaca.; Municipal water and sewer available.; Natural gas available.
    (920) 841-4455
    We can help!
    Listing Contact
    Adriana Nieto
    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
    608 W UNION Street, WAUPACA, WI 54981
    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!