Sign Up Successful!
You now have access to more from Realmo!
    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

    21 Stenslien Hl Westby, WI 54667

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Build Your Dream Home in Westby!

    Property Features for 21 Stenslien Hl

    General Information

    Property type
    Land
    Lot Size
    13,504 SF

    We can help!

    Listing Contact
    Garrick Olerud

    Listing Agency: NextHome Prime Real Estate Listing Agent: Garrick Olerud

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

    Learn more

    Overview

    This exceptional 0.31-acre residential lot, located at Lot 21 Stenslien Hills in Westby, Wisconsin, presents a fantastic opportunity to build your dream home. Priced at $52,900, this level to sloped lot boasts city water and sewer access, eliminating the complexities of establishing utilities. Enjoy a desirable setting on the edge of town, offering a peaceful atmosphere while remaining conveniently close to schools and major roadways for easy commutes. High-speed internet, natural gas, cable, and phone services are readily available. The lot features existing curb and gutter, and is situated on a town/city road with low traffic. The property is zoned residential and benefits from a recorded site plan, simplifying the construction process. Taxes for 2020 were $192.73. Directions: From South Main Street, turn west onto Stenslien (near River Bank) to locate the lot. The Westby Area School District serves the community, including Westby High School and Westby Middle School. Don't miss this chance to secure your ideal building site in this sought-after location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Westby
    County
    Vernon
    State
    Wisconsin
    Longitude
    -90.8645478
    Latitude
    43.6435618

    Nearby Similar for Sale

    • $600,000
      10,700 SF

      Historic Victorian with Rental Income

      Charming Victorian with short-term rental and commercial kitchen.
      200 West State St, Westby, WI 54667
      View Details
    • New
      $275,000

      Westby Commercial Building For Sale

      Versatile commercial building with potential for various business uses.
      103-1/2 Hegge St, Westby, WI 54667
      View Details
    • $220,000

      Thriving Party Rental Business in WI

      Established business, equipment included. High ROI potential.
      S2808 County Road B, Westby, WI 54667
      View Details
    • $389,000
      2,977 SF

      Westby Meat Plant - Turnkey Business

      Established Meat Plant, High Demand Industry
      406 Main St, Westby, WI 54667
      View Details

    FAQs

    What type of property is this?
    Land - Build Your Dream Home in Westby!
    Where is this land located?
    The property is located at 21 Stenslien Hl Westby, WI.
    What is the asking price?
    The asking price for this property is $52,900.
    What are key features of this property?
    This property features: 0.31-acre residential lot in Westby, WI, priced at $52,900.; Level to sloped topography with city water and sewer.; Located on a low-traffic town/city road with existing curb and gutter.
    (608) 396-6789 Call to check price and availability
    Request Owner's contact information
    21 Stenslien Hl Westby, WI 54667
    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.
    21 Stenslien Hl
    Westby, WI 54667
    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
    21 Stenslien Hl Westby, WI 54667
    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
    Garrick Olerud
    (608) 396-6789
    Learn more
    Google sign-in failed. Please try again or use another login method.