Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Gilmore Lake Land For Sale Title is generated by Realmo AI

    N13369 Osprey Drive, Minong, WI 54859

    View on Map
    Claim this Listing
    For Sale
    $139,900

    LAND - Minong, WI

    Lot size:
    1.00 Acre
    Added:
    Mar 10, 2020
    Days on Market:
    2279
    Last Refresh:
    Jun 5 at 11:06 pm

    Property Features for N13369 Osprey Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    19663
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    GILMORE PARK LOT 46 V 257 P 582 V 330 P 791 TERM V 330 P 792 QC
    Tax Annual Amount
    847

    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 Mar 10, 2020

    MLS# 1540106 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

    • 100+ feet of west‑facing frontage on Gilmore Lake with sunset views.
    • Gilmore Lake: 389‑acre, clear‑water lake known for recreation and fishing.
    • Naturally private lot with mature pines and a gentle slope to the water.
    • Untouched shoreline ready for improvement.
    • Minutes from an 18‑hole golf course.
    • Conveniently located near ATV and snowmobile trails for four‑season recreation.

    Overview

    This property is located on Gilmore Lake in Minong, offering over 100 feet of west-facing frontage, ideal for sunset views. The lot features mature pines, providing a private cabin site with a gentle slope to the water. The shoreline is ready for improvement. Gilmore Lake is a 389-acre clear-water lake with a maximum depth of 36 feet, suitable for recreation and fishing. The property is near an 18-hole golf course and ATV and snowmobile trails, making it a four-season getaway. The lot size is approximately 1 acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minong
    County
    Washburn
    State
    Wisconsin
    Longitude
    -91.89283
    Latitude
    46.117289

    Nearby Similar for Sale

    • $109,900

      Northwoods Retreat on Wooded Acreage

      Turnkey recreational property near lakes and trails in Minong, Wisconsin.
      W6610 Lakewood Drive, Minong, WI 54859
      View Details
    • $209,900

      Minong, WI Lakefront Recreational Land

      11-acre lakefront property with 445 feet of shoreline.
      County Line Rd, Minong, WI 54859
      View Details
    • $239,900

      Minong Flowage Waterfront Land

      Picturesque property on Minong Flowage with over 225ft of frontage.
      7585 E Journeys End Lane, Minong, WI 54859
      View Details
    • $474,900

      160 Acres Near Minong, WI

      160-acre parcel with forest, field, creek, and trail network.
      W37xx Frog Creek Road, Minong, WI 54859
      View Details
    • $159,000
      1,600 SF

      Recreational Land with Lake Frontage

      1.47 acre lot with lake access and Barndo shed.
      7476 Sleepy Eye Road, Minong, WI 54859
      View Details
    • $74,900

      Wooded Land Near Nancy Lake

      3.43 acres of wooded land with shared lake access.
      Dragon Drive lot: 2, Minong, WI 54859
      View Details
    • $74,900

      Wooded Land Near Nancy Lake

      3.74 acres of wooded land with lake access.
      Dragon Drive lot: 3, Minong, WI 54859
      View Details
    • $12,800

      Commercial Lot in Minong, WI

      Commercial lot in high-traffic area with available utilities.
      317 W 5th Avenue, Minong, WI 54859
      View Details
    • $284,900

      Secluded Wooded Acreage on Chicog Lake

      31.65 acres with 218' shoreline, ideal for recreation/building.
      W76xx Chicog Lake Estate Road, Minong, WI 54888
      View Details
    • $55,000

      Minong, WI Land For Sale

      8+ acre lot near lakes and trails, ideal building site.
      HWY 77, Minong, WI 54859
      View Details
    • $12,800

      Land For Sale in Minong

      Land available in Minong, Wisconsin.
      317 W 5th Avenue, Minong, WI 54859
      View Details
    • $23,900

      Wooded Land Near Minong, WI

      1.88 wooded acres suitable for home, cabin, or storage.
      County Road T lot: 1, Minong, WI 54838
      View Details

    FAQs

    What type of property is this?
    Land - Land with 100+ feet of west-facing frontage on Gilmore Lake.
    Where is this land located?
    The property is located at N13369 Osprey Drive Minong, WI.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: 100+ feet of west‑facing frontage on Gilmore Lake with sunset views.; Gilmore Lake: 389‑acre, clear‑water lake known for recreation and fishing.; Naturally private lot with mature pines and a gentle slope to the water.
    (715) 466-4441
    We can help!
    Listing Contact
    Kevin Brisky
    Real Estate License ID: 56570-90
    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
    N13369 Osprey Drive, Minong, WI 54859
    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!