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    Reedsburg Farm with Ample Facilities Title is generated by Realmo AI

    E5190 Sand Hill Road, Reedsburg, WI 53959

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    For Sale
    $1,299,900

    National Folk/Farm, 1 1/2 story,Farm - Reedsburg, WI

    Type:Farm
    Property size:
    1,778 SF
    Lot size:
    121.40 Acres
    Price / SF:
    $731/SF
    Added:
    Apr 6, 2026
    Days on Market:
    37
    Last Refresh:
    May 12 at 12:06 pm

    Property Features for E5190 Sand Hill Road

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Zoning
    Ag, Forest
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Great Room, Kitchen, Living Room
    Parking
    2
    Parking features
    Paved or Surfaced
    Vegetation
    Crop(s)
    Interior features
    Washer, Dryer, Cable available, At Least 1 tub, Internet- Fiber available
    Exterior features
    Storage building, Barn(s), Crop Farm, Currently non-working, Dairy Farm, Feed Storage Unit(s), Horse Farm, In Federal/State Program, Livestock Farm, Machine Shed, Organic Farm, Outbuilding(s), Pasture, Tillable
    Basement Y/N
    1
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    040-0109-00000
    Size
    1,778 SF
    Lot size
    121.40 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    3634

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water front features
    Stream/Creek, Stream/Creek

    Building Details

    Year built
    1930
    Floors in Building
    1.5
    Architectural style
    National
    Additional Structures
    Barn(s), Outbuilding, Packing Shed, Shed(s), Storage

    We can help!

    Listing Contact
    Jamie Phephles
    Jamie Phephles

    Listing agent Jamie Phephles

    Listing office RE/MAX Preferred 335 E Main St, Baraboo, WI

    Listing date Apr 6, 2026

    MLS# 1991365 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.

    HighLights

    • Large 4‑bedroom farmhouse with hardwood floors and formal dining room.
    • Excellent concrete feedlot attached to a 38’x90’ sixty free stall shed with cattle headlock and freeze‑proof waterers.
    • 40x80 shed with high ceilings and entry doors suitable for semis or large machinery.
    • Multiple farm buildings: Traditional wood barn, 16x60’ and 18’x60’ stave silos (one with unloader), and a 20x30 seal store unit.
    • Suitable for various farm types: Dairy, Livestock, Crop, Organic, and Horse Farm.
    • Stream/Creek waterfront feature.

    Overview

    This farm property is situated in a scenic valley and includes a concrete feedlot connected to a 38-foot by 90-foot sixty free stall shed, which features a built-in cattle headlock. Freeze-proof waterers are located throughout the facility. The property also includes a traditional wood barn with an addition, featuring tin siding on three sides and the roof. There is a 16-foot by 60-foot stave silo and an 18-foot by 60-foot stave silo with a silo unloader, along with a 20-foot by 30-foot seal store unit for grain. A 40-foot by 80-foot shed with high ceilings and entry doors suitable for semis or large machinery is also present. The large farmhouse includes four bedrooms, hardwood floors, a formal dining room, and some newer windows. The property spans 121.4 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Hair Salon Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Reedsburg
    County
    Sauk
    State
    Wisconsin
    Longitude
    -90.059166
    Latitude
    43.463124

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    FAQs

    What type of property is this?
    Farm - Scenic farm with barns, silos, sheds, and a large farmhouse.
    Where is this farm located?
    The property is located at E5190 Sand Hill Road Reedsburg, WI.
    What is the asking price?
    The asking price for this property is $1,299,900.
    What are key features of this property?
    This property features: Large 4‑bedroom farmhouse with hardwood floors and formal dining room.; Excellent concrete feedlot attached to a 38’x90’ sixty free stall shed with cattle headlock and freeze‑proof waterers.; 40x80 shed with high ceilings and entry doors suitable for semis or large machinery.
    (608) 393-3330
    We can help!
    Listing Contact
    Jamie Phephles
    Jamie Phephles
    Real Estate License ID: 5711090
    Learn More
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    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.

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