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

    Legacy Drive lot 10 Eau Claire, WI 54703

    View on Map
    For Sale
    $59,900

    LAND - Eau Claire, WI

    Lot size:
    1.39 Acres
    Added:
    Nov 1, 2024
    Days on Market:
    517
    Last Refresh:
    Apr 1 at 8:06 pm

    Property Features for Legacy Drive lot 10

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    1802022709121302009
    Lot size
    1.39 Acres

    Taxes and HOA fees

    TaxYear
    2023
    TaxDescription
    LOT 10 HERITAGE ESTATES OF T OF SEYMOUR S12-T27N-R9W
    TaxAnnualAmount
    1

    Utilities

    Sewer type
    Mound Septic

    We can help!

    Listing Contact
    Liz Thompson
    Liz Thompson

    Listing agent Liz Thompson License #85897-94

    Listing office C21 Affiliated 3149 Meadowlark Lane, Altoona, WI

    Listing date Nov 1, 2024

    MLS# 1587097 Listing URL

    Copyright © 2025 Northwestern Wisconsin Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wooded Lot in Heritage Estates

    Located in Heritage Estates, Lot 10 is a 1.39-acre wooded lot suitable for residential construction. The property offers a blend of convenience and tranquility, with proximity to essential amenities. Highway 53 and Costco are located a short distance away. All builders are welcome, offering flexibility in home design. Several lots are available in this new development. Road and utility construction are in progress. The property is perked for a mound septic system. This property presents an opportunity to build in a picturesque and private community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Eau Claire
    County
    Eau Claire
    State
    Wisconsin
    Longitude
    -91.413506
    Latitude
    44.836613

    Nearby Similar for Sale

    • $350,000
      2,700 SF

      Well-Maintained Duplex in Eau Claire

      Southside duplex with excellent rental history in a desired location.
      1712/1714 Chumas Drive unit: 2, Eau Claire, WI 54701
      View Details
    • $209,900
      1,694 SF

      Eau Claire Duplex Opportunity

      Downtown Eau Claire duplex near restaurants, shops, and parks.
      715 S Dewey Street unit: 2, Eau Claire, WI 54701
      View Details
    • $269,900
      2,754 SF

      Updated Duplex Near Downtown Eau Claire

      Updated duplex near transit, shopping, parks, and schools.
      703 Main Street unit: 2, Eau Claire, WI 54701
      View Details
    • $199,900
      2,073 SF

      Well-Maintained Duplex Investment Opportunity

      Duplex with long-term tenants, steady income, and flexible future use.
      635 Centre Street unit: 0, Eau Claire, WI 54703
      View Details
    • $99,000

      Residential Land in Eau Claire

      Vacant land for custom home in established Eau Claire neighborhood.
      1 Curtis Lane, Eau Claire, WI 54701
      View Details
    • $140,000

      Residential Land in Cambridge Estates

      1.31-acre lot in a peaceful neighborhood near Eau Claire.
      Chestnut Road lot: 48, Eau Claire, WI 54701
      View Details
    • $59,900

      Residential Land in Eau Claire

      Multi-family lot ready to build in Eau Claire, WI.
      140 Ferry Street, Eau Claire, WI 54703
      View Details
    • $389,000
      4,100 SF

      Versatile Warehouse and Office Property

      Warehouse and office property with excellent accessibility and ample parking.
      1703 Western Ave, Eau Claire, WI 54703
      View Details
    • $599,000
      7,110 SF

      Prime Retail Space on Brackett Avenue

      Highly visible commercial property in established Eau Claire location.
      1807 Brackett Ave, Eau Claire, WI 54701
      View Details
    • $219,000

      9-Acre Land Near Eau Claire

      Buildable 9-acre parcel with creek frontage near Eau Claire, WI.
      S Lowes Creek Rd, Eau Claire, WI 54701
      View Details
    • $959,000
      8,267 SF

      Eau Claire Multi-Tenant Investment Opportunity

      Multi-tenant commercial property in Eau Claire with income and upside.
      1025 Starr Ave, Eau Claire, WI 54703
      View Details
    • $930,000
      12,120 SF

      High Visibility Commercial Property

      Fully leased building on corner lot with high traffic exposure.
      2425 Seymour Rd, Eau Claire, WI 54703
      View Details

    FAQs

    What type of property is this?
    Land - 1.39-acre wooded lot in a convenient, tranquil setting.
    Where is this land located?
    The property is located at Legacy Drive lot 10 Eau Claire, WI.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: 1.39‑acre wooded lot offering privacy and natural beauty.; Convenient location: just 3 minutes from Hwy 53 and Costco.; All builders are welcome, allowing for a custom home design.
    (262) 893-6049
    We can help!
    Listing Contact
    Liz Thompson
    Liz Thompson
    Real Estate License ID: 85897-94
    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!