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

    1114 N Johns Street, Dodgeville, WI 53533

    View on Map
    Claim this Listing
    For Sale
    $294,900

    Vacant land - Dodgeville, WI

    Lot size:
    3.40 Acres
    Added:
    May 21, 2026
    Days on Market:
    11
    Last Refresh:
    May 31 at 12:06 am

    Property Features for 1114 N Johns Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMM
    Standard status
    Active
    APN
    216-1082
    Lot size
    3.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3867

    Building Details

    Year built
    2026
    Roof type
    None
    Architectural style
    Other

    We can help!

    Listing Contact
    Jamie Phephles
    Jamie Phephles

    Listing agent Jamie Phephles

    Listing office RE/MAX Preferred 335 E Main St, Baraboo, WI

    Listing date May 21, 2026

    MLS# 2023817 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.

    HighLights

    • Prime commercial location just off Business Highway 151 with exceptional visibility.
    • High‑traffic corner lot next to Culver's, ensuring maximum exposure.
    • 3.4‑acre property zoned Commercial (B‑C & B‑H) suitable for various business uses.
    • Three convenient access points providing outstanding layout and development flexibility.
    • Potential for full parcel development or subdivision to fit specific project needs.
    • Located at coordinates [-90.12657,42.97105].

    Overview

    This 3.4-acre commercial property is located just off Business Highway 151 in Dodgeville, Wisconsin. Situated on a high-traffic corner lot next to Culver’s, the site offers visibility and access. The property features three access points, providing flexibility for layout and development. It is zoned Commercial (B-C & B-H), accommodating various business uses, including retail, dining, professional services, or mixed-use development. The land may possibly be split, allowing for either full parcel development or subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dodgeville
    County
    Iowa
    State
    Wisconsin
    Longitude
    -90.126574
    Latitude
    42.971051

    Nearby Similar for Sale

    • $250,000

      Historic Rowe Building For Sale

      Two-story commercial building in downtown Dodgeville, Wisconsin.
      210 N Iowa Street, Dodgeville, WI 53533
      View Details
    • $250,000

      Historic Rowe Building in Dodgeville

      Updated historic building ideal for retail or office use.
      210 N Iowa Street, Dodgeville, WI 53533
      View Details
    • $120,000

      Commercial Land in Dodgeville, WI

      Prime commercial land with high traffic visibility in Dodgeville, WI.
      3 Lots N Johns Street, Dodgeville, WI 53533
      View Details
    • $1,445,000

      Dodgeville Apartment Building with Park

      Well-maintained 11-unit apartment complex in the heart of Dodgeville.
      117-139 E North Street, Dodgeville, WI 53533
      View Details
    • $179,900

      Prime Commercial Land Opportunity

      1.90-acre commercial land with high visibility and access.
      Lot 2 - 1114 N Johns Street, Dodgeville, WI 53533
      View Details
    • $189,900

      Prime Commercial Land Opportunity

      1.5-acre commercial land parcel with high visibility and access.
      Lot 1 - 1114 N Johns Street, Dodgeville, WI 53533
      View Details
    • $260,000

      Commercial Building in Dodgeville, WI

      36' x 48' commercial building suitable for various business needs.
      308 N Montgomery Street, Dodgeville, WI 53533
      View Details
    • $294,900

      Dodgeville Commercial Land For Sale

      3.4-acre commercial land with high visibility and access.
      1114 N Johns Street, Dodgeville, WI 53533
      View Details
    • $130,000

      Commercial Land in Prime Location

      Commercial land with high traffic visibility and approved business uses.
      3 LOTS N Johns Street, Dodgeville, WI 53533
      View Details
    • $200,000

      Dodgeville Restaurant/Supper Club Opportunity

      Restaurant/Supper Club opportunity in prime location, priced below assessed value.
      201 County Hwy YZ Road, Dodgeville, WI 53533-9998
      View Details
    • $189,900

      Prime Commercial Land Opportunity

      1.50-acre commercial land with high visibility and access.
      Lot 1-1114 North Johns Street, Dodgeville, WI 53533
      View Details
    • $179,900

      Prime Commercial Land Opportunity

      1.90-acre commercial land with high visibility and access.
      Lot 2-1114 North Johns Street, Dodgeville, WI 53533
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.4-acre commercial land parcel in Dodgeville, Wisconsin.
    Where is this commercial land located?
    The property is located at 1114 N Johns Street Dodgeville, WI.
    What is the asking price?
    The asking price for this property is $294,900.
    What are key features of this property?
    This property features: Prime commercial location just off Business Highway 151 with exceptional visibility.; High‑traffic corner lot next to Culver's, ensuring maximum exposure.; 3.4‑acre property zoned Commercial (B‑C & B‑H) suitable for various business uses.
    (608) 393-3330
    We can help!
    Listing Contact
    Jamie Phephles
    Jamie Phephles
    Real Estate License ID: 5711090
    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
    1114 N Johns Street, Dodgeville, WI 53533
    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!