Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Lot Near Menomonie Title is generated by Realmo AI

    1723 August Lane NW, Menomonie, WI 54751

    View on Map
    Claim this Listing
    For Sale
    $64,900

    LAND - Menomonie, WI

    Lot size:
    3.02 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    45
    Last Refresh:
    May 21 at 4:06 am

    Property Features for 1723 August Lane NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1725122813223300033
    Lot size
    3.02 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Pt. SW SW Lot 3 CSM 5167 Vol 27 Pg 17; Fmr Lot 1 & Pt. Lot 2 CSM 5009, all in 22-28-13, City of Menomonie, Dunn County, WI (1725122813223300033)
    Tax Annual Amount
    588

    We can help!

    Listing Contact
    Jill Rassbach

    Listing agent Jill Rassbach License #49483-90

    Listing office Rassbach Realty LLC 2106 Stout Rd, Menomonie, WI

    Listing date Apr 7, 2026

    MLS# 1599658 Listing URL

    Copyright © 2026 REALTORS® Association of Northwestern 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

    • 3.02 acre residential lot
    • Easy access to Hwy 29 and I‑94
    • Minutes from Downtown Menomonie
    • Near the Red Cedar Trail
    • Perk test completed (perked for mound system)
    • Partial driveway installed

    Overview

    This 3.02-acre residential lot is located just west of Menomonie, Wisconsin, offering convenient access to Highway 29 and I-94. Situated minutes from Downtown Menomonie, the parcel is also near the Red Cedar Trail, ideal for walking, biking, and cross-country skiing. A perk test, completed in July 2025, indicates suitability for a mound system. A partial driveway has been installed, providing a convenient building site. The property is zoned Ag.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Nail Salon Hotel & Motel Department Store Storage Facility HVAC Service Bar & Pub Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Menomonie
    County
    Dunn
    State
    Wisconsin
    Longitude
    -91.9507759
    Latitude
    44.888003

    Nearby Similar for Sale

    • $425,000
      3,278 SF

      Versatile Commercial Office Building

      Commercial office building with high visibility and accessibility.
      2108 S Broadway Street, Menomonie, WI 54751
      View Details
    • $359,500
      2,209 SF

      Menomonie Office Building For Sale

      Quality office building ideal for various professional or medical uses.
      1813 & 1819 Wilson Street NE, Menomonie, WI 54751
      View Details
    • $350,000
      4,320 SF

      Prime Commercial Space, Menomonie, WI

      Versatile commercial property in downtown Menomonie with high foot traffic.
      719 S Broadway Street, Menomonie, WI 54751
      View Details
    • $297,000
      2,209 SF

      Menomonie Office Building For Sale

      Office building in North Menomonie, ideal for various businesses.
      1813 Wilson Street NE, Menomonie, WI 54751
      View Details
    • $369,000
      2,807 SF

      Menomonie Duplex: Investor or Owner

      Side-by-side duplex in desirable area, ideal for investors.
      N7018/7020 564th Street, Menomonie, WI 54751
      View Details
    • $325,000
      5,600 SF

      Versatile Property with Shop/Garage

      Two-acre property with home, shop/garage, and business potential.
      3524 E US Highway 12, Menomonie, WI 54751
      View Details
    • $289,500
      2,048 SF

      Well-Maintained Duplex in Menomonie, WI

      Menomonie duplex with excellent rental history and separate utilities.
      1104 7th Street E, Menomonie, WI 54751
      View Details
    • $585,000
      4,332 SF

      Iconic Wisconsin Sports Bar/Dance Club

      Wisconsin sports bar and dance club with apartment for sale.
      619 Broadway S Street, Menomonie, WI 54751
      View Details
    • $184,500

      Tainter Lake Vacant Land

      1.11 acres with lake views, steps to the lake.
      N7598 State Road 25, Menomonie, WI 54751
      View Details
    • $250,000

      Tranquil Land with River Frontage

      16+ acre property with Red Cedar River frontage.
      000 State Rd 25, Menomonie, WI 54751
      View Details
    • $50,000

      Residential Lot in Menomonie, WI

      0.63 acre residential lot with city utilities available.
      3737 Nicholas Drive, Menomonie, WI 54751
      View Details
    • $160,000

      Tainter Lake Waterfront Lot

      0.4 acre lake lot with 107' water frontage.
      Pt Lot 4 Parcel B 540th Street, Menomonie, WI 54751
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.02 acre residential lot with easy highway access.
    Where is this residential land & home lot located?
    The property is located at 1723 August Lane NW Menomonie, WI.
    What is the asking price?
    The asking price for this property is $64,900.
    What are key features of this property?
    This property features: 3.02 acre residential lot; Easy access to Hwy 29 and I‑94; Minutes from Downtown Menomonie
    (715) 235-0635
    We can help!
    Listing Contact
    Jill Rassbach
    Real Estate License ID: 49483-90
    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
    1723 August Lane NW, Menomonie, WI 54751
    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!