Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Recreational Land Near Castle Rock Title is generated by Realmo AI

    N8147 Hwy 80, New Lisbon, WI 53950

    View on Map
    Claim this Listing
    For Sale
    $665,266

    Rural - New Lisbon, WI

    Lot size:
    175.07 Acres
    Added:
    Mar 29, 2026
    Days on Market:
    60
    Last Refresh:
    May 27 at 7:06 am

    Property Features for N8147 Hwy 80

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Ag
    Vegetation
    Wooded
    Exterior features
    Stream/Spring, Wetland, Wooded, Driveway
    Standard status
    Active
    APN
    Multiple
    Lot size
    175.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1164

    Utilities

    Water front features
    River, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Patrick Guyse

    Listing agent Patrick Guyse

    Listing office Whitetail Dreams Real Estate PO Box 33, Iola, WI

    Listing date Mar 29, 2026

    MLS# 2019458 Listing URL

    Copyright © 2026 REALTORS® Association of South Central 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

    • 175+/- acres of diverse recreational land near Castle Rock Lake
    • Ideal for hunting deer, turkey, and waterfowl with diverse habitat
    • Little Yellow River frontage for fishing and riparian habitat
    • Established trails for ATV/UTV and snowmobile riding, providing easy property access
    • Two access points with driveway and parking area suitable for campers/trailers
    • Mostly enrolled in MFL with a potential building site available

    Overview

    This 175+/- acre property is located outside New Lisbon in Juneau County, offering a recreational setup within 10 minutes of Castle Rock Lake. The diverse landscape includes hardwoods, pine, early successional cover, older timber, and subtle ridges, combined with the Little Yellow River riparian corridor, creating habitat for an array of species. Recreational opportunities include hunting deer, turkey, and waterfowl, fishing in the Little Yellow River, and camping, ATV/UTV, and snowmobile riding, with additional trails available nearby. Two access points along the east side allow entry and exit for multiple hunters. A driveway and parking area at the north access are ready for campers and trailers. Established trails carry you throughout the property, with a bridge crossing near the southwest corner providing easy access across the river. All but 1 acre (located near the north entrance) is enrolled in MFL, offering a potential building site.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    New Lisbon
    County
    Juneau
    State
    Wisconsin
    Longitude
    -90.1436
    Latitude
    43.9035

    Nearby Similar for Sale

    • $219,900

      Waterfront Land in Copper Point

      2.72 acres of wooded waterfront land on Castle Rock Lake.
      W5515 Windover Ct, New Lisbon, WI 53950
      View Details
    • $199,500

      Castle Rock Lake Waterfront Lot

      Over one acre waterfront lot on Castle Rock Lake.
      W5431 Northface Circle, New Lisbon, WI 53950
      View Details
    • $119,999

      Vacant Lot Near Castle Rock Lake

      Vacant lot with deeded lake access for recreation and living.
      Lot 3 Meadow Drive, New Lisbon, WI 53950
      View Details
    • $105,000

      Waterfront Lot on Island Lake

      Build your dream home on this waterfront lot!
      N8815 N Fly Rod Court, New Lisbon, WI 53950
      View Details
    • $110,000

      Island Lake Waterfront Lot

      Waterfront lot with sandy beach and lake access.
      N8784 S Fly Rod Court, New Lisbon, WI 53950
      View Details
    • $110,000

      Island Lake Waterfront Land

      Waterfront lot with sandy beach and lake access.
      N8778 S Fly Rod Court, New Lisbon, WI 53950
      View Details
    • $125,000

      Beach Lake Waterfront Homesite

      Lakefront homesite with short-term rental potential near Castle Rock Lake.
      N7654 Beach Landing, New Lisbon, WI 53950
      View Details
    • $229,900

      Castle Rock Lake Waterfront Lot

      Wooded waterfront lot with resort-style amenities on Castle Rock Lake.
      Lot 6 Cherokee Lane, New Lisbon, WI 53950
      View Details
    • $150,000

      Waterfront Lot on Castle Rock

      Wooded 0.91-acre waterfront lot with 158 feet of frontage.
      W5541 Windover Court, New Lisbon, WI 53950
      View Details
    • $175,000

      Wooded Lot on Castle Rock

      Heavily wooded 1-acre lot with lake access and amenities.
      N8114 Baileys Boulevard, New Lisbon, WI 53950
      View Details
    • $60,000

      Ready-to-Use 1.5-Acre Wooded Lot

      Cleared 1.5-acre lot near Castle Rock Lake Recreation Area.
      W6187 County Road A, New Lisbon, WI 53950
      View Details
    • $159,900

      Waterfront Lot on Castle Rock

      3+ acre waterfront lot with lake views and amenities.
      W5625 North Shore Drive, New Lisbon, WI 54646
      View Details

    FAQs

    What type of property is this?
    Recreation land - 175+/- acres of recreational land near Castle Rock Lake.
    Where is this recreation land located?
    The property is located at N8147 Hwy 80 New Lisbon, WI.
    What is the asking price?
    The asking price for this property is $665,266.
    What are key features of this property?
    This property features: 175+/- acres of diverse recreational land near Castle Rock Lake; Ideal for hunting deer, turkey, and waterfowl with diverse habitat; Little Yellow River frontage for fishing and riparian habitat
    (608) 547-7816
    We can help!
    Listing Contact
    Patrick Guyse
    Real Estate License ID: 8803094
    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
    N8147 Hwy 80, New Lisbon, WI 53950
    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!