Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Waunakee 12-Acre Recreational Land Title is generated by Realmo AI

    Lot 1 Harbort Road, Waunakee, WI 53597

    View on Map
    Claim this Listing
    For Sale
    $450,000

    Other,Rural - Waunakee, WI

    Lot size:
    12.05 Acres
    Added:
    Jul 31, 2025
    Days on Market:
    297
    Last Refresh:
    May 23 at 4:06 am

    Property Features for Lot 1 Harbort Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-2
    Vegetation
    Wooded
    Exterior features
    Wetland, Wooded, None
    Standard status
    Active
    APN
    0809-282-9945-0
    Lot size
    12.05 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    1804

    Utilities

    Water front features
    Lake, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jimmer Yunek

    Listing agent Jimmer Yunek

    Listing office Stark Company, REALTORS 2980 Arapaho Dr, Madison, WI

    Listing date Jul 31, 2025

    MLS# 1982845 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.

    HighLights

    • 12‑acre property bordering a county park system.
    • Boasts over 600 feet of creekfront on Six Mile Creek with access to Lake Mendota.
    • Prime duck hunting and excellent deer/turkey hunting opportunities.
    • Designate your dream home in the 13,000 sq ft building area.
    • Potential for an additional building site.
    • Enjoy privacy and tranquility with only one neighbor.

    Overview

    This 12.05-acre property in Waunakee, Wisconsin, offers a blend of natural beauty and recreational opportunities. It borders a county park system on one side and has Six Mile Creek running along the edge, providing access to Lake Mendota through a small channel. The eastern boundary is shared with a single neighbor. The property features over 600 feet of creekfront, suitable for duck hunting, while the surrounding woods offer opportunities for turkey and deer hunting. A 13,000-square-foot designated area is available for building, with the possibility of an additional building site. The property is zoned R-2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Real Estate Agency Spa & Massage Center Gym & Fitness Center Pharmacy Bar & Pub Garden Center Electrical Service Daycare Center Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Waunakee
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.433142
    Latitude
    43.143876

    Nearby Similar for Sale

    • $649,900

      Waunakee Duplex Investment Opportunity

      Side-by-side duplex in Waunakee School District with strong rental appeal.
      1102-1104 Sausalito Drive, Waunakee, WI 53597
      View Details
    • $4,000,000

      Waunakee Equestrian Paradise

      35+ acre equestrian facility with development potential near Waunakee.
      5500 Surrey Lane, Waunakee, WI 53597
      View Details
    • $1,500,000
      13,000 SF

      Waunakee Commercial Space For Sale

      Commercial space in downtown Waunakee with income potential.
      107 Baker, Waunakee, WI 53597
      View Details
    • $1,900,000

      Waunakee Development Land Opportunity

      3.63 acres of commercial development land in Waunakee, Wisconsin.
      5323 Carnation Way, Waunakee, WI 53597
      View Details
    • $189,000

      Waunakee Land Lot For Sale

      Residential land in Waunakee's Westbridge neighborhood, close to amenities.
      805 Westbridge Trail, Waunakee, WI 53597
      View Details
    • $159,000

      Waunakee Land in Golden Ponds

      Residential land in Waunakee's northwestern corridor near countryside and amenities.
      1033 Kopp Road, Waunakee, WI 53597
      View Details
    • $139,000

      Waunakee Homesite in Kilkenny Farms

      Homesite in Waunakee's Kilkenny Farms West neighborhood.
      1521 S Holiday Drive, Waunakee, WI 53597
      View Details
    • $139,000

      Waunakee Residential Lot For Sale

      Residential lot in Waunakee's Kilkenny Farms West neighborhood.
      1509 S Holiday Drive, Waunakee, WI 53597
      View Details
    • $139,000

      Waunakee Homesite in Kilkenny Farms

      Residential lot in Waunakee's Kilkenny Farms West neighborhood.
      1529 S Holiday Drive, Waunakee, WI 53597
      View Details
    • $139,000

      Waunakee Homesite in Kilkenny Farms

      Residential lot in Waunakee's Kilkenny Farms West neighborhood.
      1517 S Holiday Drive, Waunakee, WI 53597
      View Details
    • $199,900

      Waunakee Homesite in Westbridge

      Desirable lot in established Waunakee neighborhood, ready for custom home.
      Lot 74 Alice Court, Waunakee, WI 53597
      View Details
    • $139,000

      Waunakee Homesite in Kilkenny Farms

      Homesite in Waunakee's Kilkenny Farms West neighborhood.
      1513 S Holiday Drive, Waunakee, WI 53597
      View Details

    FAQs

    What type of property is this?
    Land - 12-acre property with creek access and hunting opportunities.
    Where is this land located?
    The property is located at Lot 1 Harbort Road Waunakee, WI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 12‑acre property bordering a county park system.; Boasts over 600 feet of creekfront on Six Mile Creek with access to Lake Mendota.; Prime duck hunting and excellent deer/turkey hunting opportunities.
    (608) 279-5542
    We can help!
    Listing Contact
    Jimmer Yunek
    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
    Lot 1 Harbort Road, Waunakee, WI 53597
    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!