Sign Up Successful!
You now have access to more from Realmo!
    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

    Esterbrook Rd, Unit 3 Fond du Lac, WI 54937

    Sponsored
    For Sale
    $912,000

    LAND - FOND DU LAC, WI

    Lot size:
    24.06 Acres
    Days on Market:
    29
    Last Refresh:
    Jan 23 at 10:06 pm

    Property Features for Esterbrook Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    T091517081100700
    Lot size
    24.06 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Frank Adashun

    Adashun Jones, Inc. (920) 923-4433

    Listing agent Frank Adashun (920) 923-4433

    Listing date Dec 26, 2025

    MLS# 50319403 Listing URL

    Copyright © 2025 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.

    Learn more

    Property Insight Report

    Overview

    Development Land in Fond du Lac

    This vacant land parcel offers a development opportunity with potential for a multifamily development, pending Special Use Permit approval. The property is located within 4 miles of the intersection of US Hwy 41 and Wisconsin Hwy 23, providing connectivity to major transportation corridors and regional amenities. A planned community addition of a nearby school and church indicates municipal investment in the area's future, suggesting continued growth and development. Utility connections are not onsite and are subject to availability. The property is zoned for residential use and comprises 24.06 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fond du Lac
    County
    Fond du Lac
    State
    Wisconsin
    Longitude
    -88.50036478
    Latitude
    43.77936267

    Nearby Similar for Sale

    • New
      $250,000
      2,370 SF

      Charming Duplex with Lake Access

      Updated duplex with lake access, ideal for owner-occupancy or investment.
      W5266 Bechaud Beach Dr, Fond du Lac, WI 54935
      View Details
    • $189,900
      1,673 SF

      Updated Duplex in Fond du Lac

      Well-maintained duplex with recent updates in Fond du Lac, Wisconsin.
      274 Ellis St, Fond du Lac, WI 54935
      View Details
    • $225,000
      2,456 SF

      Well-Maintained Duplex with Garage

      Two homes for the price of one, well-maintained duplex.
      68 E 9Th St, Fond du Lac, WI 54935
      View Details
    • $139,900
      1,952 SF

      Fond du Lac Duplex Opportunity

      Duplex with separate utilities, spacious lot, and expansion potential.
      111 E 1St St, Fond du Lac, WI 54935
      View Details
    • New
      $189,900
      1,513 SF

      Fond du Lac Triplex with Garage

      Triplex with garage in great location, ideal for investors.
      94 E 12Th St, Fond du Lac, WI 54935
      View Details
    • New
      $184,900
      1,852 SF

      Ranch Style Tri-Plex For Sale

      Rare, fully leased tri-plex with good rental history and cashflow.
      88 E 12Th St, Fond du Lac, WI 54935
      View Details
    • $159,900
      1,874 SF

      Fond Du Lac Duplex Opportunity

      Duplex with long-term tenants, ideal for investors.
      164 E Johnson St, Fond du Lac, WI 54935
      View Details
    • $273,000
      2,315 SF

      Fond du Lac Multi-Unit Property

      Fully rented 3-unit property in Fond du Lac, Wisconsin.
      140 W 4Th St, Fond du Lac, WI 54935
      View Details
    • $435,000
      4,222 SF

      Multifamily Property Near Main Street

      Three apartments and a city certified boarding house near Main.
      177 W 2Nd St, Fond du Lac, WI 54935
      View Details
    • $1,290,000
      5,570 SF

      Restaurant Building with Modern Design

      Stand-alone restaurant with high traffic, ample parking, and modern design.
      584 W Johnson St, Fond du Lac, WI 54935
      View Details
    • $629,900
      2,739 SF

      Waterfront Condo on Lake Winnebago

      Luxury condo with 4 bedrooms, 4 baths, and waterfront access.
      W5406 Martin Ln, Fond du Lac, WI 54937
      View Details
    • $180,000

      Fond Du Lac Duplex Investment

      Two-unit duplex near downtown Fond Du Lac, great investment opportunity.
      85 E Johnson St, Fond du Lac, WI 54935
      View Details

    FAQs

    What type of property is this?
    Land - 24-acre land parcel ideal for multifamily development, pending permit.
    Where is this land located?
    The property is located at Esterbrook Rd, Unit 3 Fond du Lac, WI.
    What is the asking price?
    The asking price for this property is $912,000.
    What are key features of this property?
    This property features: - Potential for substantial multifamily development (pending Special Use Permit).; - Strategically positioned vacant land parcel.; - Convenient location within 4 miles of US Hwy 41 and Wisconsin Hwy 23 intersection.
    (920) 251-5100
    Request Owner's contact information
    Esterbrook Rd, Unit 3 Fond du Lac, WI 54937
    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.
    Esterbrook Rd, Unit 3
    Fond du Lac, WI 54937
    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
    Esterbrook Rd, Unit 3 Fond du Lac, WI 54937
    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

    We can help!
    Listing Contact
    Frank Adashun
    Real Estate License ID: 90-8264
    (920) 251-5100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.