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

    N9274 22nd Avenue Necedah, WI 54646

    View on Map
    For Sale
    $199,500

    Rural - Necedah, WI

    Lot size:
    1.09 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    35
    Last Refresh:
    Apr 1 at 5:06 am

    Property Features for N9274 22nd Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    G1 Res
    Exterior features
    Boat Slip, None
    Standard status
    Active
    APN
    290122353.63
    Lot size
    1.09 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    1750
    Expense value
    400
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Water front features
    Lake, Water Ski Lake, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Mike Coke

    Listing agent Mike Coke

    Listing office EXP Realty, LLC 8383 Greenway Blvd Ste 600, Middleton, WI

    Listing date Feb 25, 2026

    MLS# 2016912 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

    Castle Rock Lake Frontage

    This property features 176 feet of frontage on May's Point, located on Castle Rock Lake. The shoreline is level, with no steep elevation, and is conveniently situated next to the dock for easy water access. Residents can enjoy boating and fishing. Buckhorn State Park is located just minutes away, as is Northern Bay Golf. The property offers access to nearby UTV/ATV trails and year-round recreation, providing a full Castle Rock Lake lifestyle. The lot size is 1.09 acres. The zoning is G1 Res.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Hotel & Motel Food Market Storage Facility Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Necedah
    County
    Juneau
    State
    Wisconsin
    Longitude
    -90.0989
    Latitude
    44.0949

    Nearby Similar for Sale

    • $85,000

      Commercial Storefront in Necedah, WI

      Well-located commercial storefront in Necedah, WI, suitable for various businesses.
      217 S Main Street, Necedah, WI 54646
      View Details
    • $225,000

      Restaurant/Cafe in Prime Location

      Turn-key restaurant with warm atmosphere and homemade food.
      1111 S Main Street, Necedah, WI 54646
      View Details
    • $249,900

      Ranch-Style Duplex in Necedah

      Well-maintained duplex with tenant-occupied units and recent upgrades.
      702 W 2ND Street, Necedah, WI 54646
      View Details
    • $20,000

      Wooded Acreage Near Downtown Necedah

      5.67 acres near downtown Necedah with recreational opportunities.
      5.67 Acres 22nd Street, Necedah, WI 54646
      View Details
    • $325,000

      Lake Petenwell Wooded Waterfront Lot

      Rare 3+ acre lot with 140' frontage on Lake Petenwell.
      N13692 Pinewood Drive, Necedah, WI 54646
      View Details
    • $253,000

      Waterfront Lot on Lake Petenwell

      Vacant waterfront lot perfect for recreation and building your dream home.
      Lot 26 Big Bay Road, Necedah, WI 54646
      View Details
    • $299,000

      Updated Retail Property with Apartment

      Well-maintained retail space with updated apartment and parking.
      211 S Main Street, Necedah, WI 54646-8105
      View Details
    • $115,000

      Vacant Lot with Heated Garage

      1.64-acre vacant lot with camper hookups and heated garage.
      W5251 Wander Lane, Necedah, WI 54646
      View Details
    • $231,000

      Lake Petenwell Land Opportunity

      2+ acre lot with deeded boat slip access.
      W3751 7th Street, Necedah, WI 54646
      View Details
    • $169,900

      Wooded Lot with Lake Views

      2.92-acre wooded lot with views of Lake Petenwell.
      Lot 18 7th Street, Necedah, WI 54646
      View Details
    • $84,950

      2.2 Acres Near Castle Rock Lake

      2.2-acre corner lot with deeded lake access and boat slip.
      W4305 Red Pine Drive, Necedah, WI 54646
      View Details
    • $41,500

      Vacant Lot Near Lake Petenwell

      Partially cleared lot with deeded boat slip near Lake.
      N13230 17th Avenue, Necedah, WI 54646
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront land near Buckhorn State Park and Northern Bay Golf.
    Where is this waterfront land located?
    The property is located at N9274 22nd Avenue Necedah, WI.
    What is the asking price?
    The asking price for this property is $199,500.
    What are key features of this property?
    This property features: 176' of level, easily accessible shoreline on Castle Rock Lake.; Located next to the dock for convenient water access.; Waterfront property on Castle Rock Lake, ideal for boating and fishing.
    (866) 848-6990
    We can help!
    Listing Contact
    Mike Coke
    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!