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

    Lots 41 & 42 South Line Rd And Loon Lk Dr Shawano, WI 54166

    View on Map
    Sponsored
    For Sale
    $35,455

    Vacant Land - Shawano, WI

    Lot size:
    1.10 Acres
    Days on Market:
    23
    Last Refresh:
    Mar 25 at 9:06 pm

    Property Features for Lots 41 & 42 South Line Rd And Loon Lk Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    APN
    048452100090 & 048452100100
    Parking features
    Garage
    Lot size
    1.10 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Luke Gliniecki

    Whitetail Properties Real Estate, LLC

    Listing agent Luke Gliniecki

    Listing date Mar 2, 2026

    MLS# 11587186 Listing URL

    Copyright © 2026 My State MLS. 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

    Overview

    Shawano Vacant Land Near Lakes

    Two lots, being sold together, are ideally located minutes from Shawano Lake and Legend Lake. The 1.1-acre parcel features a blend of woods and open meadow, offering a tranquil natural setting. A recent perc test is on file, indicating suitability for a conventional septic system. Zoned residential, with power nearby, the location is close to area lakes, golf courses, and restaurants.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Shawano
    County
    Shawano
    State
    Wisconsin
    Longitude
    -88.511745
    Latitude
    44.844261

    Nearby Similar for Sale

    • $485,000
      2.00 Acres

      Historic Farmhouse on Two Acres

      Beautifully maintained 6-bedroom farmhouse on 2 acres in Shawano.
      W7553 Belle Plaine Ave, Shawano, WI 54166
      View Details
    • $1,490,000
      5,846 SF

      Profitable Car Wash Business Opportunity

      Two cash-flowing car washes for sale in Wisconsin.
      1272 E Green Bay St, Shawano, WI 54166
      View Details
    • $399,900

      Established Restaurant with Income Potential

      Restaurant with apartments and retail space for sale.
      220 South Main St, Shawano, WI 54166
      View Details
    • $1,295,193
      7,700 SF

      Shawano Office Building Investment

      Prime 7,700 SF Office Building, 100% Occupied
      1340 Green Bay St, Shawano, WI 54166
      View Details
    • $325,000
      1,424 SF

      Downtown Shawano Commercial Property

      Main Street Business, Turn-Key Ready
      315 Main St, Shawano, WI 54166
      View Details
    • Contact for pricing
      15,238 SF

      Downtown Shawano Retail Center

      Fully leased retail center with long-term tenants and upside potential.
      212 E Green Bay St, Shawano, WI 54166
      View Details
    • $275,000
      4,586 SF

      Shawano Commercial Building - Prime Location

      Restaurant space, high visibility, near Walmart.
      1017 Green Bay St, Shawano, WI 54166
      View Details
    • $164,900
      2,318 SF

      Shawano Supper Club & Land

      Established Business, 3 Acres, Hwy 22
      N3925 Friendship Cir, Shawano, WI 54166
      View Details
    • Contact for pricing
      23,120 SF

      Shawano Commercial Building - Prime Location

      High-bay space, ample parking, great lease terms.
      1313 Green Bay St, Shawano, WI 54166
      View Details
    • Contact for pricing
      2,440 SF

      Shawano Commercial Space Available

      Prime Commercial Space, 2,440 sq ft
      N4531 State Highway 22, Shawano, WI 54166
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two residential lots near Shawano and Legend Lake.
    Where is this residential land & home lot located?
    The property is located at Lots 41 & 42 South Line Rd And Loon Lk Dr Shawano, WI.
    What is the asking price?
    The asking price for this property is $35,455.
    What are key features of this property?
    This property features: - Two lots being sold together.; - Minutes from Shawano Lake and Legend Lake.; - Recent perc test showing suitability for conventional septic.
    (715) 393-5225
    Request Owner's contact information
    Lots 41 & 42 South Line Rd And Loon Lk Dr Shawano, WI 54166
    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.
    Lots 41 & 42 South Line Rd And Loon Lk Dr
    Shawano, WI 54166
    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
    Lots 41 & 42 South Line Rd And Loon Lk Dr Shawano, WI 54166
    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
    Luke Gliniecki
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!