Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wooded Lot in Potawatomi Estates Title is generated by Realmo AI

    Aspen Lane lot 51, Barnes, WI 54873

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    LAND - Barnes, WI

    Lot size:
    1.06 Acres
    Added:
    May 12, 2026
    Days on Market:
    7
    Last Refresh:
    May 18 at 12:06 pm

    Property Features for Aspen Lane lot 51

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    4125
    Lot size
    1.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    SHAWNEE ADD TO POTAWATOMI LOT 51 IN V.1150 P.506 2696 IN DOC 2025R-610317
    Tax Annual Amount
    84

    We can help!

    Listing Contact
    Cathy Midwood
    Cathy Midwood

    Listing agent Cathy Midwood License #55792-90

    Listing office McKinney Realty LLC PO Box 97, Cable, WI

    Listing date May 12, 2026

    MLS# 1600931 Listing URL

    Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Ideal slope for a walk‑out basement residence.
    • 1+ acre lot in Potawatomi Estates.
    • Access to a swimming beach on Island Lake.
    • Nicely wooded with pines and deciduous trees.
    • Rental cabins and campground available for property owners and guests.
    • Community building with kitchen and meeting areas.

    Overview

    This 1.06-acre lot, located in Potawatomi Estates in Barnes, WI, is suitable for residential construction, particularly for a residence with a walk-out basement. The property is wooded with both pine and deciduous trees and features a slope ideal for a walk-out basement design. Potawatomi Estates provides several amenities, including a swimming beach on Island Lake, rental cabins, a campground for property owners and their guests, a community building with a kitchen and meeting areas, and a 3-hole practice golf course. The Home Owners Association fees are $50 yearly.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Barnes
    County
    Douglas
    State
    Wisconsin
    Longitude
    -91.537707
    Latitude
    46.394807

    Nearby Similar for Sale

    • $74,900
      768 SF

      Residential Lot with New Garage

      Residential lot with garage in Potawatomi Estates, Barnes, WI.
      55400 Valley Drive, Barnes, WI 54873
      View Details
    • $17,900

      Land in Potawatomi Estates

      Over one acre lot with community amenities.
      E Wilderness Court lot: 53, Barnes, WI 54873
      View Details
    • $799,000
      9,272 SF

      Restaurant/Bar in Barnes, Wisconsin

      Established restaurant and bar on 5 acres in Barnes.
      3760 County Hwy N, Barnes, WI 54873
      View Details
    • $299,000

      Established Business on Highway 27

      Successful family-owned business in high-traffic location near Eau Claire lakes.
      2995 Lake Road, Barnes, WI 54873
      View Details
    • $28,000

      Barnes, WI Treed Building Sites

      Two adjacent treed building sites in Potawatomi Estates, Barnes, WI.
      E Wilderness Court, Barnes, WI 54873
      View Details
    • $79,900

      Barnes, WI 9.8-Acre Land

      9.8-acre land near lakes, suitable for home or cabin.
      Dana Road, Barnes, WI 54873
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Over 1 acre wooded lot with community amenities.
    Where is this residential land & home lot located?
    The property is located at Aspen Lane lot 51 Barnes, WI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Ideal slope for a walk‑out basement residence.; 1+ acre lot in Potawatomi Estates.; Access to a swimming beach on Island Lake.
    (715) 558-4744
    We can help!
    Listing Contact
    Cathy Midwood
    Cathy Midwood
    Real Estate License ID: 55792-90
    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
    Aspen Lane lot: 51, Barnes, WI 54873
    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!