Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land on County Highway A Title is generated by Realmo AI

    74035 County Highway A, Iron River, WI 54847

    View on Map
    Claim this Listing
    For Sale
    $1,235,000

    Land available on County Highway A, Iron River, Wisconsin.

    Type:Land
    Added:
    Jan 7, 2026
    Days on Market:
    147
    Last Refresh:
    Mar 16 at 9:00 am

    Property Features for 74035 County Highway A

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Mark Nelson

    Listing agent Mark Nelson License #9249194

    Listing office Timber Ghost Realty LLC

    Listing date Jan 7, 2026

    Source Evrealestate

    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 Timber Ghost Realty LLC

    HighLights

    • Located 7 miles north of Iron River on County Highway A.
    • Property located on the west side of the road.
    • Located in Bayfield County.
    • Fencing: Wire

    Overview

    Located 7 miles north of Iron River on County Highway A, this property is situated on the west side of the road.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Iron River
    County
    Bayfield
    State
    Wisconsin
    Longitude
    -91.3892893
    Latitude
    46.6477027

    Nearby Similar for Sale

    • $324,900
      2,500 SF

      Office Building with Five Suites

      Five-suite office building with paved parking and high visibility along Highway 2 in Iron River.
      8025 US Highway 2, Iron River, WI 54847
      View Details
    • $1,295,000
      5,040 SF

      Lake Delta Resort with Bar

      Resort with bar, restaurant, and 3-bedroom home on Lake Delta.
      12770 Scenic Drive, Iron River, WI 54847
      View Details
    • $1,235,000

      384 Acres in Iron River, WI

      Farm, fish, and hunt on this extraordinary Iron River property.
      74035 County Highway A, Iron River, WI 54847
      View Details
    • $72,000

      Residential Land in Iron River

      Residential land available in Iron River, Wisconsin.
      7735 Staples Ave, Iron River, WI 54847
      View Details
    • $239,900

      Wooded Waterfront Lot on Lake

      2.11 acre wooded lot with cleared building site.
      Pine Lake Road lot: 13, Iron River, WI 54947
      View Details
    • $63,000

      5 Acres of Northern Wisconsin Land

      5+ acre recreational land near trails and amenities in Iron River.
      TBD Lot #4 Tressel Trail, Iron River, WI 54847
      View Details
    • $65,000

      Secluded Recreational Land Near Iron River

      9.43-acre parcel ideal for hunting, recreation, or homesite.
      XXXX Polkoski Way, Iron River, WI 54847
      View Details
    • $63,000

      Land Parcel Near Public Wilderness

      5.46 acre parcel near county land with utilities available.
      XXXX Power Line Road, Iron River, WI 54847
      View Details
    • $60,000

      Scenic Land Parcel in Wisconsin

      5.75-acre parcel perfect for a private retreat or dream home.
      XXXX Sajdak Rd, Iron River, WI 54847
      View Details
    • $65,000

      Secluded Acreage in Iron River

      9.12-acre parcel perfect for home, cabin, or recreation.
      XXXX Polkoski Way, Iron River, WI 54847
      View Details
    • $58,000

      Bayfield County Recreational Land Parcel

      5-acre recreational land with mature trees and easy access.
      TBD Lot #2 Tressel Trail, Iron River, WI 54847
      View Details
    • $325,000

      104+ Acres of Land

      Three conjoined parcels totaling 104.24 acres in Iron River, WI.
      63XX Fawn Dr, Iron River, WI 54847
      View Details

    FAQs

    What type of property is this?
    Land - Land available on County Highway A, Iron River, Wisconsin.
    Where is this land located?
    The property is located at 74035 County Highway A Iron River, WI.
    What is the asking price?
    The asking price for this property is $1,235,000.
    What are key features of this property?
    This property features: Located 7 miles north of Iron River on County Highway A.; Property located on the west side of the road.; Located in Bayfield County.
    (651) 983-7598
    We can help!
    Listing Contact
    Mark Nelson
    Real Estate License ID: 9249194
    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
    74035 County Highway A, Iron River, WI 54847
    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!