Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Little Bearskin Lake Vacant Lot Title is generated by Realmo AI

    ON JACKSON HEIGHTS RD, Cassian, WI 54529

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $150,000

    LAND - Cassian, WI

    Lot size:
    1.60 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    35
    Last Refresh:
    May 31 at 1:06 pm

    Property Features for ON JACKSON HEIGHTS RD

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    00201-1371-0000
    Lot size
    1.60 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PT GL 7 1.39CA/1.6SA PCL 3 UNRCD JACKSON HGTS SM C1606
    Tax Annual Amount
    1433

    Utilities

    Water front features
    Lake Front
    Water front
    1

    We can help!

    Listing Contact
    CHRISTOPHER NOR

    Listing agent CHRISTOPHER NOR License #95646 - 94

    Listing office REDMAN REALTY GROUP, LLC 231 Oneida St PO Box 1287, Minocqua, WI

    Listing date Apr 27, 2026

    MLS# 216664 Listing URL

    Copyright © 2026 Greater Northwoods 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

    • 1.6‑acre vacant lot with 125 feet of sand/rock frontage on Little Bearskin Lake.
    • Buildable site ideal for a walk‑out home with stunning northwest‑facing lake views.
    • Little Bearskin Lake offers exceptional water clarity, perfect for swimming, fishing, and quiet recreation.
    • Located near the historic Bearskin Trail, providing easy access to year‑round outdoor activities.
    • Conveniently positioned between Minocqua, Rhinelander, and Tomahawk.
    • Lake Front property on Little Bearskin Lake.

    Overview

    This 1.6-acre vacant lot is located on the south end of Little Bearskin Lake in Cassian, Wisconsin. The property features 125 feet of sand and rock frontage. The site is sloped but buildable, making it suitable for a walk-out home. The lot offers northwest-facing lake views. Little Bearskin Lake spans 164 acres and reaches depths of up to 27 feet, with water clarity suitable for swimming, fishing, and quiet recreation. The property is located near the historic Bearskin Trail, providing access to year-round outdoor activities. The location is between Minocqua, Rhinelander, and Tomahawk, offering an opportunity to build a Northwoods retreat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Cassian
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.7025974
    Latitude
    45.7073267

    FAQs

    What type of property is this?
    Waterfront Land - 1.6-acre lot with 125' frontage on Little Bearskin Lake.
    Where is this waterfront land located?
    The property is located at ON JACKSON HEIGHTS RD Cassian, WI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 1.6‑acre vacant lot with **125 feet of sand/rock frontage on Little Bearskin Lake.**; **Buildable site ideal for a walk‑out home with stunning northwest‑facing lake views.**; Little Bearskin Lake offers exceptional water clarity, perfect for swimming, fishing, and quiet recreation.
    (847) 571-4348
    We can help!
    Listing Contact
    CHRISTOPHER NOR
    Real Estate License ID: 95646 - 94
    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
    ON JACKSON HEIGHTS RD, Cassian, WI 54529
    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!