Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Darlaks Bay Lane Phillips, WI 54555

    View on Map
    Claim this Listing
    Picture of Land at Darlaks Bay Lane, Phillips, WI
    For Sale
    Contact for pricing

    Lots - Phillips, WI

    Lot size:
    0.14 Acres
    Added:
    Apr 30, 2024
    Days on Market:
    737
    Last Refresh:
    May 6 at 1:06 pm

    Property Features for Darlaks Bay Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1.16

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    SCOTT HULKE

    Listing agent SCOTT HULKE License #110041-94

    Listing office NORTH CENTRAL REAL ESTATE BROKERAGE, LLC 1040 S 8TH ST,SUITE 110, wisconsin rapids, WI

    Listing date Apr 30, 2024

    MLS# 22401704 Listing URL

    Copyright © 2026 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Affordable lot near Musser Lake.
    • Ideal for storing recreational equipment.
    • Suitable for building a small storage shed.
    • Easy access to Musser Lake.
    • Close to nearby trails.
    • Low‑maintenance property.

    Overview

    Affordable Lot Near Musser Lake

    This 0.14-acre lot is located near Musser Lake in Phillips, Price County, Wisconsin. It offers an ideal spot for storing recreational equipment, constructing a small storage shed, or establishing a quiet base for outdoor activities. The property provides convenient access to the lake and nearby trails, offering a low-maintenance ownership opportunity in a scenic area. The lot is suitable for building a small storage shed or creating a base for outdoor adventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Phillips
    County
    Price
    State
    Wisconsin
    Longitude
    -90.2817886
    Latitude
    45.7453874

    Nearby Similar for Sale

    • $549,900

      Turn-Key Greenhouse and Floral Shop

      Greenhouse and floral shop on 10 acres for sale.
      N7890 HWY 13, Phillips, WI 54555
      View Details
    • $549,900
      1,080 SF

      Phillips, WI Business Opportunity

      Business opportunity with real estate in Phillips, Wisconsin.
      N7890 STATE HIGHWAY 13, Phillips, WI 54555
      View Details
    • $303,820

      Land Available in Phillips, WI

      Residential land for sale in Phillips, Wisconsin.
      On E SOO LAKE ROAD, Phillips, WI 54555
      View Details
    • $168,820

      Soo Lake Buildable Land Parcel

      4.38 acre waterfront land parcel on Soo Lake.
      N9078 SOO LAKE RD E, Phillips, WI 54555
      View Details
    • $303,820

      Waterfront Land on Soo Lake

      8.77 acres with 600 feet of shoreline on Soo Lake.
      ON SOO LAKE RD E, Phillips, WI 54555
      View Details
    • $147,000

      Airplane Hangar at Price County Airport

      2700 sq ft airplane hangar with bi-fold door.
      1162 AIRPORT RD S, Phillips, WI 54555
      View Details
    • $168,820

      Land Available in Phillips, WI

      4.39 acre land parcel in Phillips, Wisconsin for sale.
      4.39 Ac On E SOO LAKE ROAD, Phillips, WI 54555
      View Details
    • $168,820

      Land For Sale Phillips, WI

      Land with septic and well, condition unknown, near Soo Lake.
      N9078 E SOO LAKE ROAD, Phillips, WI 54555
      View Details
    • $120,000

      Commercial Land in Phillips, WI

      Two commercial lots totaling 0.34 acres, great business opportunity.
      195 AVON AVE S, Phillips, WI 54555
      View Details
    • $168,820

      Soo Lake Buildable Waterfront Land

      4.39 acre waterfront lot on Soo Lake, Phillips, WI.
      ON SOO LAKE RD E, Phillips, WI 54555
      View Details
    • $375,000

      Commercial Property in Phillips, WI

      Commercial property with two units and high visibility corner lot.
      204 AVON AVE S, Phillips, WI 54555
      View Details
    • $194,900

      Elk River Lots with Access

      6.3 acres on Elk River with Soo Lake access.
      W9387 CTH S, Phillips, WI 54555
      View Details

    FAQs

    What type of property is this?
    Land - Budget-friendly lot near Musser Lake, perfect for storage.
    Where is this land located?
    The property is located at Darlaks Bay Lane Phillips, 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: Affordable lot near Musser Lake.; Ideal for storing recreational equipment.; Suitable for building a small storage shed.
    (715) 219-2877
    We can help!
    Listing Contact
    SCOTT HULKE
    Real Estate License ID: 110041-94
    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
    Darlaks Bay Lane, Phillips, WI 54555
    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!