Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Land with Lake Views Title is generated by Realmo AI

    57-ac 57-ac Water, Montello, WI 53949

    View on Map
    Claim this Listing
    For Sale
    $69,900

    City lot featuring 104 feet of Buffalo Lake frontage.

    Type:Lots & Acreage / City
    Added:
    Apr 18, 2019
    Days on Market:
    2604
    Last Refresh:
    May 13 at 9:44 pm

    Property Features for 57-ac 57-ac Water

    General Information

    Standard status
    Active
    Property subtype
    Lots & Acreage / City

    We can help!

    Listing Contact
    Dennis Whitemarsh

    Listing agent Dennis Whitemarsh License #19477-90

    Listing office Whitemarsh Properties LLC

    Listing date Apr 18, 2019

    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 Whitemarsh Properties LLC

    HighLights

    • 104 feet of Buffalo Lake water frontage
    • Hilltop views of the lake
    • All wooded lot for privacy
    • Located in Montello City

    Overview

    This Montello city lot offers approximately 104 feet of frontage on Buffalo Lake. The property is wooded and features hilltop views of the lake.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Montello
    County
    Marquette
    State
    Wisconsin
    Longitude
    -89.322802
    Latitude
    43.784678

    Nearby Similar for Sale

    • $1,750,000

      Restaurant with Operational Craft Brewery

      A fully operational craft brewery paired with a restaurant in a vacation-focused area.
      201 Main Street, Montello, WI 53949
      View Details
    • $899,000

      Versatile Montello Property with River Frontage

      9,000 sq ft building on 26+ acres with river frontage.
      W3021 County Road C, Montello, WI 53949
      View Details
    • $479,990
      9,000 SF

      9000 SF Warehouse in Montello

      9000 SF warehouse with overhead doors and concrete floors.
      W3021 County Road C, Montello, WI 53949
      View Details
    • $549,990

      26+ Acre Recreational Retreat

      26+ acres with Fox River frontage, RV sites, garage.
      L1 County Road C, Montello, WI 53949
      View Details
    • $40,000

      Golf Course Homesite Opportunity

      Homesite on White Lake Country Club golf course.
      Lot 53 Eagle Circle, Montello, WI 53949
      View Details
    • $23,500

      Residential Lot in Quiet Cul-de-Sac

      0.73-acre lot suitable for building a home.
      Lot 73 Pine Drive, Montello, WI 53949
      View Details
    • $1,750,000

      Restaurant with Craft Brewery & Camping

      Restaurant with craft brewery, camping, and outdoor recreation potential.
      201 Main Street, Montello, WI 53949
      View Details
    • $119,900

      Scenic Lake Lot on Packers Bay

      Waterfront land on a recreational lake perfect for a getaway.
      FOX Road, MONTELLO, WI 53949
      View Details
    • $114,900

      Waterfront Land on Buffalo Lake

      2+ acre waterfront lot on Buffalo Lake, Montello, Wisconsin.
      Lot 1 Freedom Road, Montello, WI 53949
      View Details
    • $29,900

      Wooded Land Near Buffalo Lake

      Secluded 1.5-acre wooded lot near Montello, Wisconsin.
      L4 Oak Street, Montello, WI 53949
      View Details
    • $130,000

      Turnkey Cafe in Montello, WI

      Established cafe with loyal clientele and professional-grade equipment.
      638 Main St, Montello, WI
      View Details
    • $30,000

      Golf Course Lot in Montello

      0.84 acre lot on a golf course in Montello, WI.
      L51 Eagle Circle, Montello, WI 53949
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - City lot featuring 104 feet of Buffalo Lake frontage.
    Where is this waterfront land located?
    The property is located at 57-ac 57-ac Water Montello, WI.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: 104 feet of Buffalo Lake water frontage; Hilltop views of the lake; All wooded lot for privacy
    (608) 297-2155
    We can help!
    Listing Contact
    Dennis Whitemarsh
    Real Estate License ID: 19477-90
    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
    57-ac 57-ac Water, Montello, WI 53949
    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!