Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Buildable Land in Park Falls Title is generated by Realmo AI

    On BEARSKULL ROAD, Park Falls, WI 54552

    View on Map
    Claim this Listing
    For Sale
    $79,000

    LAND - Park Falls, WI

    Lot size:
    4.00 Acres
    Added:
    May 20, 2026
    Days on Market:
    11
    Last Refresh:
    May 30 at 9:06 pm

    Property Features for On BEARSKULL ROAD

    General Information

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

    We can help!

    Listing Contact
    KC LOCHNER

    Listing agent KC LOCHNER License #89938-94

    Listing office RE/MAX NEW HORIZONS REALTY 716 S LAKE AVE, Phillips, WI

    Listing date May 20, 2026

    MLS# 22602231 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

    • Buildable 4+ acre parcel in Northern Wisconsin.
    • Road clearing and established trails already in place.
    • Mix of mature hardwoods and conifers provides privacy and a park‑like setting.
    • Ideal for year‑round home, cabin, or recreational use.
    • Convenient location between Park Falls and Mercer.
    • Excellent access to year‑round outdoor recreation.

    Overview

    This 4+ acre buildable parcel is located just south of Bearskull Road, between Park Falls and Mercer in Iron County, Wisconsin. The seller will provide a legal description and recording of the acreage at closing. The acreage is estimated to be just over 4 acres. The property offers access to year-round outdoor recreation. Some groundwork has been completed by the seller, including road clearing and established trails throughout the property. The land features a mix of mature hardwoods and conifers, creating a park-like atmosphere with privacy. It is suitable for a year-round home, cabin, recreational getaway, or a place to park a camper. Buyer or buyer's agent to verify all zoning restrictions. There is an easement on the property.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Park Falls
    County
    Price
    State
    Wisconsin
    Longitude
    -90.0495959
    Latitude
    46.000099

    Nearby Similar for Sale

    • $197,900

      Park Falls Commercial Building For Sale

      Commercial building with great exposure on State Hwy 13.
      1151 4TH AVE S, Park Falls, WI 54552
      View Details
    • $329,900

      Park Falls Commercial/Industrial Building

      Steel frame building on 17 acres with loading docks.
      1010 1ST AVE N, Park Falls, WI 54552
      View Details
    • $449,900
      3,200 SF

      Park Falls Industrial Land Parcel

      38.6 acre industrial parcel with buildings in Park Falls.
      590, 870 1ST AVE N, Park Falls, WI 54552
      View Details
    • $109,900

      Heavily Wooded Riverfront Land

      1.9 acre wooded parcel with river frontage near National Forest.
      N15671 EVERGREEN RD, Park Falls, WI 54552
      View Details
    • $174,900

      Park Falls Commercial/Industrial Property

      Commercial/Industrial property in Park Falls, Wisconsin, with steel-framed building.
      548, 550 1ST AVE N, Park Falls, WI 54552
      View Details
    • $139,000

      Park Falls Duplex Investment Opportunity

      Well-maintained duplex on a corner lot in Park Falls.
      284 1ST ST N, Park Falls, WI 54552
      View Details
    • $94,900

      Commercial Property on State Hwy

      Commercial property with great exposure in Park Falls, Wisconsin.
      1155 4TH AVE S, Park Falls, WI 54235
      View Details
    • $10,000

      Corner Lot in Downtown Park Falls

      Corner lot suitable for business in downtown Park Falls, Wisconsin.
      172&184 2ND AVE N, Park Falls, WI 54552
      View Details
    • $27,900
      832 SF

      Park Falls Land with Garage

      Land with garage near Tuscobia Trail in Park Falls.
      200 9TH AVE S, Park Falls, WI 54552
      View Details
    • $7,500

      Vacant City Lot in Downtown

      Vacant 0.06 acre city lot in downtown Park Falls.
      ON DIVISION ST, Park Falls, WI 54552
      View Details
    • $333,180

      Park Falls Forestland on 160 Acres

      160 acres of attractive hunting land in Park Falls.
      ON CTH F, Park Falls, WI 54552
      View Details
    • $149,900

      Residential Land in Park Falls

      3.27 acre lot suitable for development or dream home.
      N River Road, Park Falls-WI, WI 54552
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4+ acre buildable parcel in the heart of northern Wisconsin.
    Where is this residential land & home lot located?
    The property is located at On BEARSKULL ROAD Park Falls, WI.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: Buildable 4+ acre parcel in Northern Wisconsin.; Road clearing and established trails already in place.; **Mix of mature hardwoods and conifers provides privacy and a park‑like setting.**
    (715) 780-0055
    We can help!
    Listing Contact
    KC LOCHNER
    Real Estate License ID: 89938-94
    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
    On BEARSKULL ROAD, Park Falls, WI 54552
    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!