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

    L1 N Klug Road Milton, WI 53563

    View on Map
    For Sale
    Under Contract
    $169,000

    Rural - Milton, WI

    Lot size:
    4.24 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    24
    Last Refresh:
    Apr 2 at 10:06 pm

    Property Features for L1 N Klug Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A3
    Vegetation
    Wooded
    Exterior features
    Wooded, None
    Standard status
    Active Under Contract
    APN
    tbd
    Lot size
    4.24 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Cindie Briggs
    Cindie Briggs

    Listing agent Cindie Briggs

    Listing office Briggs Realty Group, Inc 2522 E Milwaukee St, Janesville, WI

    Listing date Mar 10, 2026

    MLS# 2014870 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.

    Overview

    Wooded Lot Near Janesville

    This 4.24-acre wooded lot is located minutes from Janesville and Fort Atkinson. The property is zoned A3, allowing for residential use. Bring your own builder and begin building your dream home. Please note that the adjacent 1.94-acre outlot 1 is not buildable and is not included with this sale. The property is located in Milton, Wisconsin.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Department Store Discount Store Electrical Service (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Rock
    State
    Wisconsin
    Longitude
    -88.9228562
    Latitude
    42.7996846

    Nearby Similar for Sale

    • $589,000

      New Duplex in Commuter-Friendly Location

      Modern duplex with strong income potential in Rock County.
      118-120 E Ash Lane, Milton, WI 53563
      View Details
    • $589,000

      New Duplex in Commuter-Friendly Location

      Modern duplex with private entries and attached garages.
      56-58 E Ash Lane, Milton, WI 53563
      View Details
    • $589,000

      New Duplex in High-Demand Area

      Modern duplex with strong income potential in Milton, Wisconsin.
      68-70 E Ash Lane, Milton, WI 53563
      View Details
    • $589,000

      Completely Rebuilt Duplex in Milton

      Upper/lower duplex with modern updates, ideal for owner occupancy.
      881 Parkview Drive, Milton, WI 53563
      View Details
    • $850,000

      Commercial Parcel with Pole Building

      1.45-acre commercial parcel with pole building and garage.
      534 Chicago Street, Milton, WI 53563
      View Details
    • $179,900

      Buildable Lot Near Fort Atkinson

      4.15 acre buildable lot near Fort Atkinson and Janesville.
      Lot 2 N Klug Road, Milton, WI 53563
      View Details
    • $149,000

      Wooded Acres in Milton, WI

      4+ acres of wooded land for development in Milton.
      4 Acres +- Glacier View Court, Milton, WI 53563
      View Details
    • $99,900

      Residential Lot with Sweeping Views

      Residential lot in Milton, WI, with sunrise views.
      1168 Red Hawk Drive, Milton, WI 53563
      View Details
    • $847,000
      115 SF

      Milton, WI Commercial Land Available

      Shovel-ready commercial sites with high visibility on Highway 26.
      Lot 2 - STH 26 @ STH 59 Milton, WI 53563, WI 53563
      View Details
    • $295,000
      1 SF

      Vacant Land in Milton, WI

      Prime vacant land parcel in Milton, Wisconsin, for commercial development.
      Arthur Dr, Milton, WI 53563
      View Details
    • $2,900,000
      24,280 SF

      Milton Warehouse with Expansion Potential

      24,280 SF warehouse in Milton, WI with expansion possibilities.
      1400 E High St, Milton, WI
      View Details
    • $1,103,900
      115 SF

      Milton, WI Industrial Land

      Shovel-ready industrial sites with rail infrastructure in Milton, WI.
      Lot 7 - Putman Pkwy @ Cty M, Milton, WI 53563
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4.24 acre wooded lot, build your dream home!
    Where is this residential land & home lot located?
    The property is located at L1 N Klug Road Milton, WI.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: Wooded 4.24 acre lot offers a serene setting.; Build your dream home on this spacious property.; Bring your own builder to create a custom residence.
    (608) 449-4069
    We can help!
    Listing Contact
    Cindie Briggs
    Cindie Briggs
    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!