Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Acreage in Natural Lakes, Wisconsin Title is generated by Realmo AI

    54 acres CTH B, Presque Isle, WI 54557

    View on Map
    Claim this Listing
    For Sale
    $149,000

    LAND - Presque Isle, WI

    Lot size:
    54.00 Acres
    Added:
    Jun 27, 2025
    Days on Market:
    341
    Last Refresh:
    Jun 2 at 6:06 pm

    Property Features for 54 acres CTH B

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    22-1981-25, 22-1663
    Lot size
    54.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    851

    We can help!

    Listing Contact
    CHRIS HILLER
    CHRIS HILLER

    Listing agent CHRIS HILLER License #45291 - 94

    Listing office RE/MAX PROPERTY PROS-MINOCQUA 8612 Hwy 51 PO Box 142, Minocqua, WI

    Listing date Jun 27, 2025

    MLS# 213206 Listing URL

    Copyright © 2026 Greater Northwoods 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

    • Acreage in Natural Lakes with access to a private 3‑lake chain and Dunn Lake.
    • Multiple natural building sites suitable for a private getaway or potential development.
    • Direct access to ATV/UTV trails, State Lands, and the Presque Isle River.
    • Mix of hardwoods, pines, and rolling terrain with wetland/pond frontage.
    • Located minutes from Boulder Junction, offering both privacy and convenience.
    • Includes access to a scenic park with a pavilion.

    Overview

    This unique 54-acre property is located off CTH B and Bluebill Rd in Presque Isle, WI. The land features a mix of hardwoods and pines with rolling terrain. A small wetland or pond area adds to the natural diversity. The property is suitable for a private getaway or potential development, offering multiple natural building sites. It benefits from access to ATV/UTV trails, State Lands, the Presque Isle River, and a private 3-lake chain, as well as Dunn Lake. Residents can enjoy a scenic park with a pavilion. The location is close to Boulder Junction, offering both peaceful privacy and convenient access to town. The land off County B is zoned for business, but Natural Lakes rules and regulations still apply.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Presque Isle
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -89.5990523
    Latitude
    46.1738086

    Nearby Similar for Sale

    • $157,500

      Waterfront Land in Presque Isle

      2.78 acres with 800' frontage on two-lake chain.
      12032 CRAB LAKE RD S, Presque Isle, WI 54557
      View Details
    • $23,000

      Land with Lake Access

      2+ acre lot with deeded lake access.
      2.3AC BLACK FOREST RD, Presque Isle, WI 54557
      View Details
    • $24,000

      Land in Natural Lakes

      3+ acres with deeded lake access for cabin or house.
      3.3AC BLACK FOREST RD, Presque Isle, WI 54557
      View Details
    • $38,000

      Private Land in Presque Isle

      3.39 acres in a private location with amenities.
      TALL TIMBERS RD, Presque Isle, WI 54557
      View Details
    • $415,000

      Lone Pine Lake Peninsula Parcel

      2.7-acre waterfront land with 401 feet of shoreline.
      7661 LONE PINE DR, Presque Isle, WI 54560
      View Details
    • $21,999

      Wooded Land in Natural Preserve

      1.58-acre lot in a private Northwoods community.
      Off MOONSHINE VALLEY RD lot: #14, Presque Isle, WI 54512
      View Details
    • $42,900

      Presque Isle Buildable Lot

      5+ acre lot near Boulder Junction, WI, for custom retreat.
      5 Ac On TIMBER WOLF RD, Presque Isle, WI 54557
      View Details
    • $349,900

      Oxbow Lake Waterfront Land Parcel

      1.7-acre wooded parcel with 270 feet of frontage.
      ON MAPLE RD, Presque Isle, WI 54557
      View Details
    • $225,000

      Acreage Land in Presque Isle

      69-acre land parcel in a secluded, natural preserve.
      Off NATURAL SPRINGS RD, Presque Isle, WI 54557
      View Details
    • $425,000

      North Turtle Lake Wooded Lot

      Wooded lakefront lot on North Turtle Lake with frontage.
      CTH O lot: On, Presque Isle, WI 54557
      View Details
    • $24,900

      Wooded Acres in Natural Preserve

      2.31 acres near trails, lakes, and town amenities.
      YELLOW BIRCH RD lot: #3, Presque Isle, WI 54557
      View Details
    • $22,000

      Wooded Lot in Private Preserve

      1.65-acre wooded lot with access to private lakes and trails.
      ON MOONSHINE VALLEY RD, Presque Isle, WI 54557
      View Details

    FAQs

    What type of property is this?
    Land - 54 acres of mixed terrain ideal for private getaway.
    Where is this land located?
    The property is located at 54 acres CTH B Presque Isle, WI.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: Acreage in Natural Lakes with access to a private 3‑lake chain and Dunn Lake.; Multiple natural building sites suitable for a private getaway or potential development.; Direct access to ATV/UTV trails, State Lands, and the Presque Isle River.
    (715) 892-0078
    We can help!
    Listing Contact
    CHRIS HILLER
    CHRIS HILLER
    Real Estate License ID: 45291 - 94
    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
    54 acres CTH B, Presque Isle, WI 54557
    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!