Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    River-Adjacent Residential Land Title is generated by Realmo AI

    River Pines Dr, Ladysmith, WI 54848

    View on Map
    Claim this Listing
    New
    For Sale
    $59,000

    LAND - Ladysmith, WI

    Lot size:
    10.62 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 5:06 am

    Property Features for River Pines Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    020007880130
    Lot size
    10.62 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lenghty
    Tax Annual Amount
    32

    We can help!

    Listing Contact
    Brian Reynolds

    Listing agent Brian Reynolds License #56157-90

    Listing office Weisenberger Realty LLC 807 Lake Ave W, Ladysmith, WI

    Listing date Jun 5, 2026

    MLS# 1601947 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

    • 10+ acres of land
    • Located about a half block from the Chippewa River
    • Nearby activities include fishing and hunting

    Overview

    This is a 10.62-acre residential land parcel suited for building a custom home. The property offers room to create your preferred layout while maintaining the option for a private, outdoor-focused lifestyle.

    The land sits about a half block from the Chippewa River. The seller notes that local town roads are open, supporting straightforward access for day-to-day visits and planning during the build process.

    For buyers looking to get out to the river, this parcel provides a practical homesite setting with direct proximity to the Chippewa River area for recreational use such as fishing and hunting. It also fits buyers who want to keep things simple on the ground—own a larger tract, access it via town roads, and bring plans for a dream home to life on their own schedule.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ladysmith
    County
    Rusk
    State
    Wisconsin
    Longitude
    -91.1068
    Latitude
    45.5456

    Nearby Similar for Sale

    • $365,000
      3,907 SF

      Ladysmith Commercial Investment Opportunity

      Turn-key, income-producing commercial property on a high-traffic corner.
      215 Lake Avenue E, Ladysmith, WI 54848
      View Details
    • $299,900
      2,880 SF

      Ladysmith Office Building For Sale

      High-visibility office building with durable construction and ample natural light.
      105 Lake Avenue W, Ladysmith, WI 54848
      View Details
    • $179,900
      1,526 SF

      Ladysmith Duplex: Investor Opportunity

      Move-in ready Ladysmith duplex with strong rental history.
      221 Miner Avenue E, Ladysmith, WI 54848
      View Details
    • $65,000

      Wooded Lot Near Flambeau River

      Wooded 0.71-acre lot near the Flambeau River.
      1101 W 5th Street N, Ladysmith, WI 54848
      View Details
    • $149,900
      1,765 SF

      Office Building with Apartment

      Office layout with reception, offices, and bathroom plus an efficiency apartment and on-site asphalt parking.
      310 W 9th Street N, Ladysmith, WI 54848
      View Details
    • $119,000

      Ladysmith Waterfront Land For Sale

      Waterfront lots on Ladysmith Flowage, perfect for fishing.
      Bruno Avenue lot: 1, Ladysmith, WI 54848
      View Details
    • $129,000

      Recreation Land with Food Plot

      40-acre Rusk County recreation tract with two improved driveways, a large food plot, and nearby water access.
      Girod lot: 2, Ladysmith, WI 54848
      View Details
    • $99,000

      Waterfront Lot in Ladysmith, WI

      Exceptional lot with 200 feet of water frontage on Flambeau Flowage.
      1005 Bruno Avenue E, Ladysmith, WI 54848
      View Details
    • $109,900

      20 Acres Hunting/Recreation Land

      Hunter's dream property with camping and electric hookups.
      6850 W Girod Road, Ladysmith, WI 54848
      View Details
    • $365,000
      3,907 SF

      Ladysmith Commercial Building For Sale

      High-visibility commercial building with three fully leased units.
      215 Lake Ave E, Ladysmith, WI
      View Details
    • $250,000

      96 Acres Hunting and Recreational Land

      96.14 acres of hunting and recreational land in Ladysmith, WI.
      96+ Acres on White Birch Ridge Road, Ladysmith, WI 54848
      View Details
    • $289,034

      Ladysmith, WI Forestland for Sale

      120-acre forestland near Ladysmith, WI with diverse habitat.
      ON Sheep Camp Road, Ladysmith, WI 54848
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Spacious 10.62-acre homesite moments from the Chippewa River, with access via open town roads.
    Where is this residential land & home lot located?
    The property is located at River Pines Dr Ladysmith, WI.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: 10+ acres of land; Located about a half block from the Chippewa River; Nearby activities include fishing and hunting
    (715) 403-1444
    We can help!
    Listing Contact
    Brian Reynolds
    Real Estate License ID: 56157-90
    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
    River Pines Dr, Ladysmith, WI 54848
    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!