Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land Lots Title is generated by Realmo AI

    Tbd HWY 87, Saint Croix Falls, WI 54024

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Lots & Land - Saint Croix Falls, WI

    Lot size:
    0.33 Acres
    Added:
    May 30, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 3 at 12:06 am

    Property Features for Tbd HWY 87

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential-Single Family
    Standard status
    Active
    APN
    281002570000
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    37

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jamie Fahrenkrug

    Listing agent Jamie Fahrenkrug

    Listing office EXP Realty, LLC 8383 Greenway Blvd Ste 600, White Bear Lake, WI

    Listing date May 30, 2026

    MLS# 7083921 Listing URL

    Copyright © 2026 Northstar 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

    • Purchase includes 3 lots.
    • All 3 lots are zoned Residential.

    Overview

    This sale includes three residential lots, each zoned for single-family use. The parcels are offered together, providing a straightforward option for buyers looking to develop multiple homes on approved residential sites.

    The property is located just north of Lions Park, offering convenient access to the area’s recreation and proximity to the St. Croix River. Downtown Saint Croix Falls is only minutes away, and the surrounding area includes trails that support everyday walkability.

    With all lots zoned Residential-Single Family, this package is well-suited for investors or owner-builders seeking permitted land for future housing. Its combined offering can streamline planning for multi-lot residential development, while the close-in access to parks, river recreation, and downtown conveniences supports a broad range of single-family buyer demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Saint Croix Falls
    County
    Polk
    State
    Wisconsin
    Longitude
    -92.645345
    Latitude
    45.421869

    Nearby Similar for Sale

    • $50,000

      Residential Land in Saint Croix Falls

      Land for sale near downtown St. Croix Falls, Wisconsin.
      1321 E Aspen Drive, Saint Croix Falls, WI 54024
      View Details
    • $50,000

      Residential Lot in Saint Croix

      Ready-to-build residential lot for sale in Saint Croix Falls.
      1329 E Aspen Drive, Saint Croix Falls, WI 54024
      View Details
    • Contact for pricing

      Highway Commercial Land Available

      Commercial land with highway frontage and city utilities.
      Hwy 8 & Glacier Rd, Saint Croix Falls, WI
      View Details
    • Contact for pricing

      52 Acres Commercial Land

      52 acres of commercial land for sale.
      Highway 8 & Glacier Road, Saint Croix Falls, WI 54024
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Three single-family lots offer a flexible opportunity to build just minutes from downtown Saint Croix Falls.
    Where is this residential land & home lot located?
    The property is located at Tbd HWY 87 Saint Croix Falls, WI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Purchase includes 3 lots.; All 3 lots are zoned Residential.
    (715) 497-5903
    We can help!
    Listing Contact
    Jamie Fahrenkrug
    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
    Tbd HWY 87, Saint Croix Falls, WI 54024
    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!