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    The Largest CRE Database in the US with Over 1 Million Listings

    S1745 Tree Farm Rd Alma, WI 54610

    Sponsored
    For Sale
    $1,099,900

    Farm/Estate - Alma, WI

    Type:Farm
    Property size:
    2,800 SF
    Lot size:
    82.79 Acres
    Days on Market:
    11
    Last Refresh:
    Feb 20 at 4:06 pm

    Property Features for S1745 Tree Farm Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Kitchen, Living Room
    Bedrooms
    3
    Bathrooms
    3
    Parking features
    Garage, Garage - Attached, Underground/Basement
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
    Size
    2,800 SF
    Lot size
    82.79 Acres

    Utilities

    Cooling system
    Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1994
    Year renovated
    1994
    Flooring type
    Carpet, Hardwood, Tile
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Lucas Mestad

    High Point Realty & Auction (507) 218-1243

    Listing agent Lucas Mestad (319) 559-2345

    Listing date Feb 10, 2026

    MLS# 11652390 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

    Property Insight Report

    Overview

    Trophy Buck Territory Farm/Estate

    This 82.79-acre property is situated in a celebrated trophy buck territory. It features land management and residential design, offering a transition from the bluffs to a custom 2,800 sq. ft. home designed to frame the landscape. The home features an open-concept layout with natural light and panoramic views. The interior includes wood floors, a wood-burning fireplace, and a gas fireplace. Floor-to-ceiling windows in the living and dining rooms showcase the bluffs and ponds. It has three bedrooms and 2.5 bathrooms, central air, and a hot water heating system. A wraparound deck provides space for entertaining. The acreage includes hardwoods, meadows, and lowland edges. Three spring-fed fishing ponds serve as the property's centerpiece, complemented by a historic spring house. The ponds have grown trout, panfish and bass. Three permanent deer blinds are located along a trail system. The land has a track record of producing trophy-class bucks, alongside populations of wild turkey and small game. A 32' x 72' pole shed offers storage for tractors, UTVs, and boats, with room for a workshop. An open-front barn provides space for equipment, livestock, or hobby farming needs. The property has four spring-fed stock fishing ponds, a commercial fish farm license, a creek, multiple early and late season food plot locations, and diverse terrain.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Alma
    County
    Buffalo
    State
    Wisconsin
    Longitude
    -91.747474
    Latitude
    44.344532

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    FAQs

    What type of property is this?
    Farm - 82.79-acre farm/estate in Buffalo County with custom home.
    Where is this farm located?
    The property is located at S1745 Tree Farm Rd Alma, WI.
    What is the asking price?
    The asking price for this property is $1,099,900.
    What are key features of this property?
    This property features: - Trophy Buck Hunting: Located in renowned Buffalo County with a proven track record.; - Private Fishing Sanctuaries: Features 4 spring-fed fishing ponds stocked with trout, panfish, and bass.; - Turn-Key Hunting Setup: Includes three permanent, professionally positioned deer blinds.
    (507) 218-1243
    Request Owner's contact information
    S1745 Tree Farm Rd Alma, WI 54610
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    Alma, WI 54610
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    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
    S1745 Tree Farm Rd Alma, WI 54610
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    We can help!
    Listing Contact
    Lucas Mestad
    (507) 218-1243 (319) 559-2345
    Learn more
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