Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Black River Falls Development Site Title is generated by Realmo AI

    Franklin St, Black River Falls, WI 54615

    View on Map
    Claim this Listing
    For Sale
    $499,900

    Vacant Land - Black River Falls, WI

    Lot size:
    11.43 Acres
    Added:
    Apr 9, 2026
    Days on Market:
    53
    Last Refresh:
    May 31 at 10:06 am

    Property Features for Franklin St

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1 Residential
    Standard status
    Active
    APN
    2062100000
    Lot size
    11.43 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1017

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    David Snyder

    Listing agent David Snyder License #62959-94

    Listing office Gerrard-Hoeschler, REALTORS 601 7th St N, Suite 200, La Crosse, WI 54601, La Crosse, WI

    Listing date Apr 9, 2026

    MLS# 1957107 Listing URL

    Copyright © 2026 Metro MLS. 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 11.43 acre development site.
    • Convenient location.
    • Close proximity to the interstate.
    • Near stores and shopping.
    • Close to schools.
    • Development possibilities.

    Overview

    This 11.43-acre site is located in Black River Falls, WI, and is zoned R1 Residential. The property is positioned in a convenient location near the interstate, stores, shopping, and schools. The site offers various development possibilities.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Black River Falls
    County
    Jackson
    State
    Wisconsin
    Longitude
    -90.837216
    Latitude
    44.304976

    Nearby Similar for Sale

    • $550,000
      14,867 SF

      Black River Falls Mixed-Use Building

      21,102 SF mixed-use building with income potential.
      206 S Roosevelt Road, Black River Falls, WI 54615
      View Details
    • $875,000
      7,400 SF

      High-Visibility Commercial Building, Black River Falls

      Prime corner lot with high traffic and excellent exposure.
      224 Main Street, Black River Falls, WI 54615
      View Details
    • $339,000
      2,400 SF

      Commercial Building on State Highway

      High-visibility commercial building with flexibility for various business needs.
      409 E Main Street, Black River Falls, WI 54615
      View Details
    • $199,900
      5,002 SF

      Highly Visible Commercial Building

      Corner lot commercial building with potential rental income.
      104 Main Street, Black River Falls, WI 54615
      View Details
    • $925,000
      5,340 SF

      Retail Building Near Interstate I-94

      High-visibility retail building with recent remodel and UTV amenities.
      800 Oasis Road, Black River Falls, WI 54615
      View Details
    • $160,000

      Black River Falls Rural Parcel

      12+/- acre rural parcel near Black River Falls, Wisconsin.
      Hannon Road, Black River Falls, WI 54615
      View Details
    • $284,900

      Black River Falls Land For Sale

      24.5 acres of rolling countryside with open and wooded land.
      Roningen Road, Black River Falls, WI 54615
      View Details
    • $162,900

      40 Acres Hunting Land Escape

      40-acre hunting land parcel east of Black River Falls, WI.
      W Bauer Road, Black River Falls, WI 54615
      View Details
    • $249,900

      Black River Falls Waterfront Land

      11.12 acres with 780 feet of river frontage.
      STATE HWY 12, BLACK RIVER FALLS, WI 54615
      View Details
    • $440,000

      Black River Falls Land Opportunity

      80+/- acres near Black River Falls with tillable and wooded ground.
      N 12/27 Highway, Black River Falls, WI 54615
      View Details
    • $71,900

      Land Near Black River Falls

      3-acre land parcel near town with municipal water access.
      0 Lot 7/8 Levis Creek Road, Black River Falls, WI 54615
      View Details
    • $795,000
      5,000 SF

      Established Restaurant and Bar for Sale

      Well-known restaurant and bar with loyal customer base.
      W6621 US-12, Black River Falls, WI 54615
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 11.43 acre development site in Black River Falls, WI.
    Where is this residential land & home lot located?
    The property is located at Franklin St Black River Falls, WI.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Large 11.43 acre development site.; Convenient location.; Close proximity to the interstate.
    (608) 386-1831
    We can help!
    Listing Contact
    David Snyder
    Real Estate License ID: 62959-94
    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

    Thank You for Inquiry
    Franklin St, Black River Falls, WI 54615
    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!