Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7778 State Highway 42 Egg Harbor, WI 54209

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.37 Acres, Hwy 42, Seller Financing

    Property Features for 7778 State Highway 42

    General Information

    Property type
    Land
    Lot Size
    59,677 SF

    We can help!

    Listing Contact
    Tom Fisk
    Tom Fisk

    Listing Agency: NAI Pfefferle - Green Bay Listing Agent: Tom Fisk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 1.37-acre commercial land parcel presents a unique investment opportunity in the heart of Egg Harbor, Wisconsin. Located on State Highway 42, this property boasts a highly desirable location between Main Street Market and a recently constructed condo development, ensuring high visibility and accessibility. The property's Commercial zoning allows for a wide range of development possibilities, catering to various business ventures. Its strategic placement within Door County, a renowned Midwest vacation destination, guarantees a robust customer base. The site benefits from significant foot traffic due to its proximity to numerous restaurants and shops, and offers captivating lake views. The high volume of traffic on Highway 42 provides unparalleled exposure for any business established here. Adding to its appeal, seller financing is available, making this an even more attractive proposition for prospective buyers. The property's APN numbers are 1180125302612E1 and 1180125302612E2. This is a rare chance to acquire a prime commercial lot in a thriving tourist area with excellent visibility and convenient access to amenities. Don't miss this opportunity to establish your business in a highly sought-after location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Hair Salon Pharmacy Food Market Hotel & Motel Kitchen & Bath Showroom Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Egg Harbor
    County
    Door
    State
    Wisconsin
    Longitude
    -87.2793613
    Latitude
    45.0492888

    Nearby Similar for Sale

    • $869,000
      2,380 SF

      Established Restaurant Opportunity in Egg Harbor

      Popular breakfast spot with living quarters in prime Egg Harbor location.
      7918 Hwy 42, Egg Harbor, WI 54209
      View Details
    • $419,900
      1,364 SF

      Egg Harbor Retail Condominium Unit

      Free-standing condominium unit in Egg Harbor, operating as a salon.
      7828 Hwy 42, Egg Harbor, WI 54209
      View Details
    • $1,300,000
      3,649 SF

      Prime Commercial Property in Egg Harbor

      1.37 acre commercial property in the heart of Egg Harbor.
      7778 Hwy 42, Egg Harbor, WI 54209
      View Details
    • $54,900

      Updated Retail Space Ready

      Retail space with updated flooring and shiplap walls.
      7828 State Highway 42, Egg Harbor, WI 54209
      View Details
    • $2,990,000

      Artisan Cheese Production Facility

      Commercial-grade kitchen and restaurant with retail and outdoor event space.
      8103 State Highway 42, Egg Harbor, WI 54209
      View Details
    • $800,000
      2,500 SF

      Egg Harbor Restaurant - Prime Location

      Established Restaurant, High Traffic Area, Seller Financing
      7918 State Highway 42, Egg Harbor, WI 54209
      View Details

    FAQs

    What type of property is this?
    Land - 1.37 Acres, Hwy 42, Seller Financing
    Where is this land located?
    The property is located at 7778 State Highway 42 Egg Harbor, WI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Seller financing offered.; Prime downtown Egg Harbor location, near Main Street Market and a new condo development in Door County, Wisconsin.; Excellent walkability to restaurants, shops, and lake views; high traffic visibility on Highway 42.
    (920) 619-6009 Call to check price and availability
    Request Owner's contact information
    7778 State Highway 42 Egg Harbor, WI 54209
    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.
    7778 State Highway 42
    Egg Harbor, WI 54209
    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
    7778 State Highway 42 Egg Harbor, WI 54209
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tom Fisk
    Tom Fisk
    Real Estate License ID: 9043258
    (920) 619-6009
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!