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    Lakefront Residential Development Lot Title is generated by Realmo AI

    Hustvet Drive lot 9, Trego, WI 54888

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    Claim this Listing
    New
    For Sale
    $99,900

    LAND - Trego, WI

    Lot size:
    1.26 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 8:06 pm

    Property Features for Hustvet Drive lot 9

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    650162411207515626504510
    Lot size
    1.26 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    SCHUG'S CHICOG LAKE LOT 9 V 260 P 59 WD
    Tax Annual Amount
    1272

    Utilities

    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Kevin Brisky

    Listing agent Kevin Brisky License #56570-90

    Listing office Lakewoods Real Estate PO Box 35, Minong, WI

    Listing date Jun 4, 2026

    MLS# 1601916 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

    • 1.26‑acre lot with 185 feet of frontage on Chicog Lake
    • Elevated terrain with panoramic lake views across Chicog Lake
    • Wooded setting with a small wetland area near the shoreline
    • Chicog Lake offers quality fishing for panfish, largemouth bass, and northern pike
    • Chicog Lake has approximately 75% sandy bottom and a maximum depth of 25 feet
    • ATV and snowmobile trails nearby, with Minong and Danbury within convenient driving distance

    Overview

    This for-sale waterfront lot offers 1.26 acres of wooded terrain with elevated ground and panoramic views of Chicog Lake. The property includes approximately 185 feet of lake frontage, with a small wetland area near the shoreline. The site features a natural setting with privacy, providing a backdrop well-suited to planning a residential build.

    The lot is located on Hustvet Drive in Trego, Wisconsin, in Washburn County. Chicog Lake covers 125 acres, and the water is described as calm, with approximately 75% sandy bottom and a maximum depth of 25 feet. The lake is noted for fishing opportunities, including panfish, largemouth bass, and northern pike.

    For buyers looking to develop or build a personal retreat, the combination of substantial frontage, wooded privacy, and elevated sightlines can support a range of waterfront design approaches. The presence of a small wetland area near the shoreline is an important site consideration for planning and permitting. With the lake as the primary amenity and the site’s configuration suited to lake-view positioning, this property fits well for those seeking a Northwoods lakefront home or weekend getaway location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Trego
    County
    Washburn
    State
    Wisconsin
    Longitude
    -91.8923
    Latitude
    45.986

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    FAQs

    What type of property is this?
    Waterfront Land - Build on a wooded, elevated lot with 185 feet of Chicog Lake frontage and panoramic lake views.
    Where is this waterfront land located?
    The property is located at Hustvet Drive lot 9 Trego, WI.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: 1.26‑acre lot with 185 feet of frontage on Chicog Lake; Elevated terrain with panoramic lake views across Chicog Lake; Wooded setting with a small wetland area near the shoreline
    (715) 466-4441
    We can help!
    Listing Contact
    Kevin Brisky
    Real Estate License ID: 56570-90
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    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.

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