Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hunting Land with 2-Bedroom Home Title is generated by Realmo AI

    4603 W Koehmstedt Rd., Hurley, WI 54534

    View on Map
    Claim this Listing
    New
    For Sale
    $219,000

    Farm/Estate, Ranch - Hurley, WI

    Type:Farm
    Lot size:
    70.00 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 3 at 10:06 pm

    Property Features for 4603 W Koehmstedt Rd.

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Living Room
    Parking features
    Garage, Garage - Detached
    Appliances
    Dryer, Refrigerator
    Standard status
    Active
    Lot size
    70.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1602

    Building Details

    Floors in Building
    1
    Roof type
    Metal
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Mike Noskoviak

    Listing agent Mike Noskoviak

    Listing office Whitetail Properties Real Estate, LLC 121 S Madison St, Pittsfield, WI

    Listing date Jun 3, 2026

    MLS# 11800129 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2‑bedroom ranch home with recently remodeled interior and a finished basement for an office or additional bedroom/recreation
    • Metal roof and detached garage parking
    • Large, shaded yard backed by additional hunting acreage associated with Camp 35 Deer camp
    • Northern parcel includes a mix of maple, hemlock, aspen, pine, and a few cedar; small openings could support food plots
    • Several deer stands erected; western edge features a pole‑line right‑of‑way and rifle stand
    • Northern and Southern parcels described as having heavy bedding/security cover; property notes potential shots up to 880 yards

    Overview

    The property includes a country 2-bedroom home with a recently remodeled interior and a finished basement that can serve as an office, additional bedroom, or recreation space. Outside, there is a large, shaded yard that backs up to additional hunting acreage. The land is described as having low heavy bedding and security cover on the southern parcel, with a mix of Maple, Hemlock, Aspen, Pine, and a few Cedar on the northern parcel. There are small openings that could be used for food plots, and a couple of stands have been erected.

    The setting is on a quiet dead-end road near Hurley and the famed Gile Flowage. The Gile Flowage is located just a few minutes down the road. The property is also only a couple of miles from thousands of acres of Iron County Forest lands, supporting a base-camp style use with hunting locations on the property and access to nearby forest acreage.

    For buyers seeking an integrated hunting base, the western edge features a pole-line right-of-way and an established long-range rifle stand for deer movement in and out of the property, with the remarks indicating potential shooting distance up to 880 yards. The combination of a livable residence and dedicated hunting terrain, including food-plot openings, bedding cover, and stand locations, is geared toward on-site recreation and operational convenience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Hurley
    County
    Iron
    State
    Wisconsin
    Longitude
    -90.16017
    Latitude
    46.377194

    Nearby Similar for Sale

    • $139,000
      1,400 SF

      Remodeled Commercial Building on Silver

      Turnkey bar/restaurant opportunity in downtown Hurley, WI.
      211 SILVER ST, Hurley, WI 54547
      View Details
    • $375,000
      27,000 SF

      Versatile Commercial Building on Silver Street

      27,000+ sqft commercial building with high visibility in Hurley.
      303 Silver St, Hurley, WI 54534
      View Details
    • $299,000

      Turn-Key Restaurant Opportunity on Highway

      Operating restaurant with furnishings, fixtures, and equipment included.
      10381 Us Highway 51, Hurley, WI, 54534
      View Details
    • $249,900

      Timbered Waterfront Land Parcel

      A heavily timbered tract with Virgin Creek frontage, offering wildlife habitat and options for a secluded build or hunting use.
      8114N CTH G, Hurley, WI 54534
      View Details
    • $94,900

      Land Near Hurley's Silver Street

      3.76 acres near trails and Gile Flowage.
      206 Tilden Street, Hurley C-WI, WI 54534-1111
      View Details
    • $589,000
      6,990 SF

      Established Motel in Tourist Destination

      18-room motel with manager's quarters in Hurley, Wisconsin.
      100 Silver St, Hurley, WI 54534
      View Details

    FAQs

    What type of property is this?
    Hunting land - A recently remodeled two-bedroom home with finished basement on about 70 acres with established deer habitat and stand sites.
    Where is this hunting land located?
    The property is located at 4603 W Koehmstedt Rd. Hurley, WI.
    What is the asking price?
    The asking price for this property is $219,000.
    What are key features of this property?
    This property features: 2‑bedroom ranch home with recently remodeled interior and a finished basement for an office or additional bedroom/recreation; Metal roof and detached garage parking; Large, shaded yard backed by additional hunting acreage associated with Camp 35 Deer camp
    (217) 285-9000
    We can help!
    Listing Contact
    Mike Noskoviak
    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
    4603 W Koehmstedt Rd., Hurley, WI 54534
    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!