Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lake Lot with Boat Slip Title is generated by Realmo AI

    Lot 56 Big Bay, Necedah, WI 54646

    View on Map
    Claim this Listing
    For Sale
    $69,000

    2.7-acre wooded lot with deeded lake access and boat slip.

    Type:Lots & Acreage / Rural
    Lot size:
    2.70 Acres
    Added:
    Mar 22, 2025
    Days on Market:
    441
    Last Refresh:
    Mar 13 at 5:06 pm

    Property Features for Lot 56 Big Bay

    General Information

    Standard status
    Active
    Lot size
    2.70 Acres
    Property subtype
    Lots & Acreage / Rural

    We can help!

    Listing Contact
    Mike Coke

    Listing agent Mike Coke License #53380-90

    Listing office EXP Realty, LLC

    Listing date Mar 22, 2025

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC

    HighLights

    • Deeded lake access to Lake Petenwell, Wisconsin's 2nd largest lake, including a permanent boat slip.
    • 2.7 acres of wooded land offering privacy.
    • Backs to a protected forest ensuring no rear neighbors.
    • Located on snowmobile and ATV route with access to Wisconsin's trail network.
    • Close proximity to the 3,500‑acre Juneau County forest.
    • Lake Petenwell offers full recreation and a great fishery.

    Overview

    This 2.7-acre wooded lot offers space for building or camping. It backs onto a protected forest, ensuring privacy. The property is located across the street from Lake Petenwell, known for its size and recreational opportunities. Deeded lake access includes a permanent boat slip on the association pier. The property is located around the corner from the 3,500-acre Juneau County forest, suitable for hiking, bird watching, or hunting. It is also situated on the snowmobile and ATV route, providing access to Wisconsin's trail network.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Hotel & Motel Food Market Storage Facility Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Necedah
    County
    Juneau
    State
    Wisconsin
    Longitude
    -90.0989
    Latitude
    44.0949

    Nearby Similar for Sale

    • $225,000

      Turn-Key Restaurant and Cafe

      Turn-key restaurant operation in a high-visibility setting, ready for an owner-operator or hospitality concept.
      1111 S Main Street, Necedah, WI 54646
      View Details
    • $249,900

      Ranch Duplex With Attached Garages

      Well-maintained ranch-style duplex with two-bedroom units, attached garages, and tenant income potential.
      702 W 2ND Street, Necedah, WI 54646
      View Details
    • $1,675,000

      Turnkey Campground and Motel Resort

      Well-established recreation hospitality property with campsites, motel rooms, cabins, and a sandy beach setting.
      W5630 State Road 21, Necedah, WI 54646
      View Details
    • $499,900

      Campground and Motel Property

      Turnkey hospitality and outdoor event setting with an 8-unit motel, bar, and RV-ready campsites with electric hook-ups.
      N13903 Highway 80, Necedah, WI 54646
      View Details
    • $209,000

      Lake Petenwell Lot with Boat Slip

      2+ acre lot with deeded boat slip on Lake Petenwell.
      W3751 7th Street, Necedah, WI 54646
      View Details
    • $295,000

      Waterfront Lot on Castle Rock

      2.7 acre waterfront lot with 219' frontage on Castle Rock Lake.
      W4054 29th Street, Necedah, WI 54646
      View Details
    • $325,000

      70 Acres Recreational Land Paradise

      70 acres of diverse recreational land near Little Yellow River.
      70 Acres 22nd Street, Necedah, WI 54646
      View Details
    • $167,000

      Wooded Land Near Wildlife Refuge

      7.27 acres with well, septic, and electric hookups.
      W6718 18th Street, Necedah, WI 54646
      View Details
    • $250,000

      60 Acres of Recreational Land

      Wooded 60-acre parcel perfect for recreation, hunting, or building.
      Lot 2 18th Street, Necedah, WI 54646
      View Details
    • $290,000

      Waterfront Lot on Castle Rock

      Waterfront lot with rental potential on Castle Rock Lake.
      W4132 Mays Point Road, Necedah, WI 54646
      View Details
    • $253,000

      Waterfront Lot on Lake Petenwell

      Vacant waterfront lot perfect for recreation and building your dream home.
      Lot 26 Big Bay Road, Necedah, WI 54646
      View Details
    • $120,000

      Wooded Parcel Near Petenwell Lake

      2.49-acre wooded parcel with lake access and utilities.
      W4932 10th Street, Necedah, WI 54646
      View Details

    FAQs

    What type of property is this?
    Land - 2.7-acre wooded lot with deeded lake access and boat slip.
    Where is this land located?
    The property is located at Lot 56 Big Bay Necedah, WI.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: Deeded lake access to Lake Petenwell, Wisconsin's 2nd largest lake, including a permanent boat slip.; 2.7 acres of wooded land offering privacy.; Backs to a protected forest ensuring no rear neighbors.
    (608) 846-5253
    We can help!
    Listing Contact
    Mike Coke
    Real Estate License ID: 53380-90
    Learn More
    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
    Lot 56 Big Bay, Necedah, WI 54646
    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!