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

    L4 Oak Street Montello, WI 53949

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Rural - Montello, WI

    Lot size:
    1.50 Acres
    Added:
    Apr 26, 2025
    Days on Market:
    360
    Last Refresh:
    Apr 20 at 3:06 am

    Property Features for L4 Oak Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Res
    Vegetation
    Wooded
    Exterior features
    Wooded, None
    Standard status
    Active
    APN
    012-00962-0005
    Lot size
    1.50 Acres

    Taxes and HOA fees

    Tax Year
    2019
    Tax Annual Amount
    151

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Dennis Whitemarsh

    Listing agent Dennis Whitemarsh

    Listing office Whitemarsh Properties LLC 14 Main St, Montello, WI

    Listing date Apr 26, 2025

    MLS# 1772857 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 Land Near Buffalo Lake

    This is a 1.5-acre wooded lot in a secluded location off a private dead-end road in the Buffalo Lake area. It is a suitable building site. The property is located approximately 2 miles from downtown Montello and 17 miles from Portage, Wisconsin.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Montello
    County
    Marquette
    State
    Wisconsin
    Longitude
    -89.346812
    Latitude
    43.779562

    Nearby Similar for Sale

    • $479,990

      9000 SF Warehouse in Montello

      9000 SF warehouse with overhead doors and concrete floors.
      W3021 County Road C, Montello, WI 53949
      View Details
    • $899,000

      Versatile Montello Property with River Frontage

      9,000 sq ft building on 26+ acres with river frontage.
      W3021 County Road C, Montello, WI 53949
      View Details
    • $205,000

      Historic Church Building with Bookstore

      Former church with bookstore, original features, high-visibility location.
      147 E Montello Street, Montello, WI 53949
      View Details
    • $549,990

      26+ Acre Riverfront Recreation Property

      26+ acres with 1,900+ feet of Fox River frontage.
      L1 County Road C, Montello, WI 53949
      View Details
    • $1,750,000

      Restaurant and Recreation Opportunity

      Restaurant with brewery, recreation, and camping in a prime location.
      201 Main Street, Montello, WI 53949
      View Details
    • $24,500

      Residential Lot Near Lake Puckaway

      0.73-acre lot suitable for building a home near Lake Puckaway.
      Lot 73 Pine Drive, Montello, WI 53949
      View Details
    • $10,000

      Wooded Lot Near Buffalo Lake

      Affordable wooded lot near Buffalo Lake in Montello, Wisconsin.
      Lot 11 Lakeshore Drive, Montello, WI 53949
      View Details
    • $1,750,000

      Restaurant with Craft Brewery & Camping

      Restaurant with craft brewery, camping, and outdoor recreation potential.
      201 Main Street, Montello, WI 53949
      View Details
    • $40,000

      Waterfront Land in Montello, Wisconsin

      14.89 acres with 3,000 feet of waterfrontage near I-39.
      14.89 Ac 7th Drive, Montello, WI 53949
      View Details
    • $90,000

      Wooded Land in Quiet Cul-de-Sac

      1.92 acres of wooded land for secluded retreat.
      N4974 Brentwood Way, Montello, WI 53949
      View Details
    • $30,000

      Golf Course Lot in Montello

      0.84 acre lot on a golf course in Montello, WI.
      L51 Eagle Circle, Montello, WI 53949
      View Details
    • $95,000

      Highway Frontage Commercial Land

      Commercial land with highway frontage and high visibility.
      0.82 Ac Highway 22, Montello, WI 53949
      View Details

    FAQs

    What type of property is this?
    Land - Secluded 1.5-acre wooded lot near Montello, Wisconsin.
    Where is this land located?
    The property is located at L4 Oak Street Montello, WI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Nicely wooded and secluded location.; Great building site.; Located off a private dead‑end road.
    (608) 297-2155
    We can help!
    Listing Contact
    Dennis Whitemarsh
    Real Estate License ID: 1947790
    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!