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    Stout's Island Lodge Opportunity Title is generated by Realmo AI

    2799 27th Street, Birchwood, WI 54817

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    Unique opportunity to own property on historic Stout's Island Lodge.

    Added:
    Nov 21, 2025
    Days on Market:
    186
    Last Refresh:
    May 9 at 12:37 am

    Property Features for 2799 27th Street

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Edward Rupp

    Listing agent Edward Rupp

    Listing office

    Listing date Nov 21, 2025

    Source Svn

    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 Edward Rupp

    HighLights

    • Rare opportunity to own property on a historic 18‑acre island resort complex.
    • Located on Red Cedar Lake, a popular destination for outdoor activities.
    • Variety of property options available: cabins, Main Lodge condominiums, and development lots.
    • The island boasts 1.6 miles of shoreline.
    • Conveniently located only two hours from Minneapolis‑Saint Paul.
    • Features unique amenities such as a steel bridge gifted by Andrew Carnegie.

    Overview

    Stout's Island Lodge, a seasonal resort operation, presents a unique ownership opportunity. This complex is located at 2799 27th Street, Birchwood, WI 54817. The property spans approximately 18 acres with about 1.6 miles of shoreline. The island complex has been a destination for visitors for nearly 150 years. The island offers a variety of real estate options, including one-bedroom units in the Adirondack-style Main Lodge built in 1912, and cabins with up to five bedrooms. Located on Red Cedar Lake in northwestern Wisconsin, the island is part of a larger lake known for its bays, peninsulas, islands, and varied shoreline. Red Cedar Lake is approximately 1,800 acres and a popular destination for outdoor activities such as fishing, swimming, and water skiing. The property is located two hours from the Minneapolis-Saint Paul metropolitan area and approximately six hours from Chicago. The island, once the private estate of lumber baron Frank Deming Stout, includes over 1.6 miles of shoreline between three islands, two of which are connected by a steel bridge gifted by Andrew Carnegie. A variety of options are available, from cabins/cottages (two to five bedrooms), to one bedroom condominium units in the Main Lodge, to a variety of lots for new development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stout's Island Lodge Hotel & Motel

    Suggested Use

    Real Estate Agency Hotel & Motel Storage Facility Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Birchwood
    County
    Washburn
    State
    Wisconsin
    Longitude
    -91.5999
    Latitude
    45.6094

    FAQs

    What type of property is this?
    Resort - Unique opportunity to own property on historic Stout's Island Lodge.
    Where is this resort located?
    The property is located at 2799 27th Street Birchwood, WI.
    What are key features of this property?
    This property features: Rare opportunity to own property on a historic 18‑acre island resort complex.; Located on Red Cedar Lake, a popular destination for outdoor activities.; Variety of property options available: cabins, Main Lodge condominiums, and development lots.
    (651) 492-0563
    We can help!
    Listing Contact
    Edward Rupp
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    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.

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