Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Highland Estates Title is generated by Realmo AI

    Lt82 50th Ct, Pleasant Prairie, WI 53158

    View on Map
    Claim this Listing
    For Sale
    $249,900

    Residential - Pleasant Prairie, WI

    Lot size:
    0.44 Acres
    Added:
    Oct 23, 2025
    Days on Market:
    202
    Last Refresh:
    May 12 at 9:06 pm

    Property Features for Lt82 50th Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Res
    Standard status
    Active
    APN
    Not Assigned
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2024
    Expense value
    300
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Scott Gettleman
    Scott Gettleman

    Listing agent Scott Gettleman License #85182-94

    Listing office Keller Williams North Shore West 350 N Milwaukee Ave, Suite 200, Libertyville, IL 60048, Twin Lakes, WI

    Listing date Oct 23, 2025

    MLS# 1940482 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

    • Generously sized lot (119,319 sq ft) offering spacious views.
    • Located in the new Highland Estate Development.
    • Situated on a quiet cul‑de‑sac.
    • Opportunity to bring your own builder or work with trusted partners.
    • Phase 1 is officially underway.
    • Prime location offering community, comfort, and convenience.

    Overview

    Located within the Highland Estate Development, this residential lot offers an opportunity to build a custom home. Situated in Pleasant Prairie, Wisconsin, the property is part of a new residential community. The generously sized parcel, identified as Lot 82, provides 119,319 square feet of space and is located on a quiet cul-de-sac. Phase 1 of the development is underway, offering the option to bring your own builder or work with a trusted partner. The development is designed with lifestyle and livability in mind, offering a blend of community, comfort, and convenience.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Gym & Fitness Center Bar & Pub HVAC Service Food Market Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasant Prairie
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.868766
    Latitude
    42.526602

    Nearby Similar for Sale

    • $120,000

      Pleasant Prairie Buildable Residential Lot

      Over half acre residential lot near Lake and Hwy 94.
      10534 Sheridan Rd, Pleasant Prairie, WI 53158
      View Details
    • $214,900

      Residential Lot in Pleasant Prairie

      Generously sized residential lot in a new residential community.
      Lt85 49th Ct, Pleasant Prairie, WI 53158
      View Details
    • $209,900

      Residential Lot in Highland Estate

      Generously sized homesite in Pleasant Prairie's new residential community.
      Lt94 49th Ct, Pleasant Prairie, WI 53158
      View Details
    • $209,900

      Residential Lot in Highland Estate

      Generously sized homesite in Pleasant Prairie's new residential community.
      Lt99 49th Ct, Pleasant Prairie, WI 53158
      View Details
    • $209,900

      Residential Lot in Highland Estate

      Generously sized homesite in Pleasant Prairie's new residential community.
      Lt101 49th Ct, Pleasant Prairie, WI 53158
      View Details
    • $209,900

      Residential Land in Pleasant Prairie

      Generously sized homesite in Pleasant Prairie's new residential community.
      Lt91 49th Ct, Pleasant Prairie, WI 53158
      View Details
    • $214,900

      Residential Lot in Pleasant Prairie

      Generously sized lot in Pleasant Prairie's new residential community.
      Lt84 50th Ct, Pleasant Prairie, WI 53158
      View Details
    • $214,900

      Residential Land in Pleasant Prairie

      Generously sized lot in new residential community, ready for development.
      Lt83 50th Ct, Pleasant Prairie, WI 53158
      View Details
    • $209,900

      Residential Lot in Pleasant Prairie

      Generously sized homesite in a new residential community.
      Lt96 49th Ct, Pleasant Prairie, WI 53158
      View Details
    • $209,900

      Residential Land in Pleasant Prairie

      Generously sized homesite in Pleasant Prairie's new residential community.
      Lt92 49th Ct, Pleasant Prairie, WI 53158
      View Details
    • $209,900

      Residential Land in Pleasant Prairie

      Generously sized homesite in Pleasant Prairie's new residential community.
      Lt98 49th Ct, Pleasant Prairie, WI 53158
      View Details
    • $209,900

      Residential Homesite in Pleasant Prairie

      Generously sized homesite in new residential community, Highland Estates.
      Lt97 49th Ct, Pleasant Prairie, WI 53158
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Generously sized lot in Pleasant Prairie's new residential community.
    Where is this residential land & home lot located?
    The property is located at Lt82 50th Ct Pleasant Prairie, WI.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Generously sized lot (119,319 sq ft) offering spacious views.; Located in the new Highland Estate Development.; Situated on a quiet cul‑de‑sac.
    (773) 875-6792
    We can help!
    Listing Contact
    Scott Gettleman
    Scott Gettleman
    Real Estate License ID: 85182-94
    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
    Lt82 50th Ct, Pleasant Prairie, WI 53158
    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!