Sign Up Successful!
You now have access to more from Realmo!
    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

    Xxx Us Hwy 8 Almena, WI 54805

    Sponsored
    For Sale
    $274,900

    Lots & Land - Almena, WI

    Lot size:
    56.36 Acres
    Days on Market:
    16
    Last Refresh:
    Feb 7 at 1:06 pm

    Property Features for Xxx Us Hwy 8

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agriculture,Forestry
    APN
    014300004000
    Lot size
    56.36 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Mark Nelson

    Timber Ghost Realty LLC (651) 329-0873

    Listing agent Mark Nelson (651) 329-0873

    Listing date Jan 23, 2026

    MLS# 7012068 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.

    Learn more

    Property Insight Report

    Overview

    Turnkey Hunting and Recreational Land

    This 56+ acre property in Almena, Wisconsin, offers a mix of woods, open areas, and three ponds. Lightning Creek, a Class II trout stream, flows through the land, providing fishing opportunities. The property is accessible from US Hwy 8, with two driveways. It is suited for hunting deer, bear, turkey, pheasant, grouse, and waterfowl. The landscape includes rubs and scrapes from whitetails. A trail system runs throughout the property. There are three permanent deer stands. The parcel has no MFL Programs and no covenants or deed restrictions, allowing for building a home or cabin. A building site is located just south of the main gate. Electric is available along Hwy 8. The property is located minutes from Turtle Lake Casino, and a short drive to Barron or Rice Lake for shopping and dining. It is located 90 minutes from the Twin Cities metro area. The property is zoned for Agriculture and Forestry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Almena
    County
    Barron
    State
    Wisconsin
    Longitude
    -92.019526
    Latitude
    45.407767

    Nearby Similar for Sale

    • New
      $199,900
      0.36 Acres

      Turnkey Business Opportunity Available

      Turnkey business opportunity with patio and freezer storage near highway.
      951 14Th Ave, Almena, WI 54805
      View Details
    • $274,000
      0.36 Acres

      Almena Commercial Property - Turnkey Business

      High-traffic location, immediate income potential.
      951 14Th Ave, Almena, WI 54805
      View Details

    FAQs

    What type of property is this?
    Hunting land - 56+ acre hunting and recreational land with ponds and stream.
    Where is this hunting land located?
    The property is located at Xxx Us Hwy 8 Almena, WI.
    What is the asking price?
    The asking price for this property is $274,900.
    What are key features of this property?
    This property features: - 56+ acre turn-key hunting and recreational land with diverse terrain.; - Lightning Creek, a Class II trout stream, runs through the property.; - Abundant wildlife with established food plots and deer stands.
    (651) 329-0873
    Request Owner's contact information
    Xxx Us Hwy 8 Almena, WI 54805
    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.
    Xxx Us Hwy 8
    Almena, WI 54805
    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
    Xxx Us Hwy 8 Almena, WI 54805
    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

    We can help!
    Listing Contact
    Mark Nelson
    (651) 329-0873
    Learn more
    Google sign-in failed. Please try again or use another login method.