Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    53.87 Acres of A-1 Land Title is generated by Realmo AI

    Lt1 County Highway J -, East Troy, WI 53120

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $674,900

    53.872 acres of A-1 land suitable for farming.

    Type:Unimproved Land
    Lot size:
    53.87 Acres
    Added:
    Jul 10, 2025
    Days on Market:
    322
    Last Refresh:
    May 19 at 8:51 pm

    Property Features for Lt1 County Highway J -

    General Information

    Standard status
    Active
    Lot size
    53.87 Acres
    Property subtype
    Unimproved Land

    We can help!

    Listing Contact
    (262) 613-3898

    Listing agent (262) 613-3898 License #3224814

    Listing office Realty Executives Integrity-East Troy

    Listing date Jul 10, 2025

    Source Kw

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

    All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Integrity-East Troy

    HighLights

    • 53.872 acres of A‑1 land suitable for farming or building.
    • Excellent location.
    • Opportunity to build a dream farm or new home.
    • Tons of room to play or expand.
    • Potential to add land to a farm portfolio.
    • Adjacent 18‑acre parcel also for sale.

    Overview

    This property features 53.872 acres of A-1 land, presenting an opportunity to build a farm, construct a new home with ample space, or expand a farm portfolio. The land is located in an excellent location. An adjacent 18-acre parcel is also available for sale.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    East Troy
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.4154
    Latitude
    42.7945

    Nearby Similar for Sale

    • $499,900

      East Troy Two-Family Townhouse Duplex

      Townhouse-style duplex in East Troy with strong rental income.
      1925 Beulah Ave, East Troy, WI 53120
      View Details
    • $379,900

      East Troy Multifamily Investment Property

      Three-unit multifamily property in East Troy with strong rental income.
      2090 Emery Ct, East Troy, WI 53120
      View Details
    • $499,900

      East Troy Duplex For Sale

      Income-generating duplex in East Troy with steady rental appeal.
      1971 Church St, East Troy, WI 53120
      View Details
    • $119,900

      Vacant Lot Ready For Home

      Vacant residential lot backing up to open green space.
      Lt82 Lakeview Dr, East Troy, WI 53120
      View Details
    • $104,900

      Residential Lot in East Troy

      Vacant lot for building a dream home in East Troy.
      Lt69 Savanna Ln, East Troy, WI 53120
      View Details
    • $109,900

      Vacant Lot Ready for Home

      Vacant residential lot in East Troy, WI, ready for building.
      Lt70 Savanna Ln, East Troy, WI 53120
      View Details
    • $859,000
      10,000 SF

      Renovated Mixed-Use Investment Property

      Fully leased, renovated mixed-use property near East Troy Village Square.
      2931 Union Street, EAST TROY, WI, 53120
      View Details
    • $119,900

      Vacant Lot Ready for Home

      Vacant residential lot in East Troy, Wisconsin, ready for building.
      Lt78 Savanna Ln, East Troy, WI 53120
      View Details
    • $119,900

      Vacant Lot Ready For Home

      Vacant residential lot in East Troy, WI, ready for building.
      Lt72 Savanna Ln, East Troy, WI 53120
      View Details
    • $119,900

      Vacant Lot Ready for Home

      Vacant residential lot in East Troy, Wisconsin, ready for building.
      Lt77 Savanna Ln, East Troy, WI 53120
      View Details
    • $109,900

      Vacant Lot Ready for Home

      Vacant residential lot in East Troy, WI, ready for building.
      Lt80 Savanna Ln, East Troy, WI 53120
      View Details
    • $119,900

      Vacant Lot Ready for Building

      Vacant residential lot in East Troy, Wisconsin, ready for building.
      Lt76 Savanna Ln, East Troy, WI 53120
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 53.872 acres of A-1 land suitable for farming.
    Where is this agricultural land / farmland located?
    The property is located at Lt1 County Highway J - East Troy, WI.
    What is the asking price?
    The asking price for this property is $674,900.
    What are key features of this property?
    This property features: 53.872 acres of A‑1 land suitable for farming or building.; Excellent location.; Opportunity to build a dream farm or new home.
    (262) 613-3898
    We can help!
    Listing Contact
    (262) 613-3898
    Real Estate License ID: 3224814
    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
    Lt1 County Highway J -, East Troy, WI 53120
    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!