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    Build-Ready Hunting Land with Trail System Title is generated by Realmo AI

    W585 Strucker Road, Ogema, WI 54459

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    For Sale
    $359,900

    Gently rolling hunting and timber property with creeks, established trails, and tillable ground for food plots or income options.

    Type:Vacant Land / Vacant Land
    Lot size:
    81.30 Acres
    Added:
    May 25, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 6 at 5:36 am

    Property Features for W585 Strucker Road

    General Information

    Standard status
    Active
    Lot size
    81.30 Acres
    Property subtype
    Vacant Land / Vacant Land

    We can help!

    Listing Contact
    Jeremy J VanHulle

    Listing agent Jeremy J VanHulle License #90-57180

    Listing office Whitetail Dreams Real Estate, LLC

    Listing date May 25, 2026

    Source Compass

    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 Whitetail Dreams Real Estate, LLC

    HighLights

    • 81.3‑acre, two‑parcel property in the Town of Spirit, Price County
    • Timber mix includes pine, maple, ash, popple, oak, hemlock, and birch
    • Gently rolling terrain with seasonal creeks and a main creek along the eastern edge
    • Established trail system for on‑site access and use
    • Approximately 5 acres tillable ground on the north end for food plots, rental income, or habitat improvement
    • Build‑ready road access with low‑impact access from the east; hunting sign for grouse, turkey, and deer

    Overview

    This two-parcel hunting and agricultural land offering spans gently rolling terrain and includes a mixed timber stand with pine, maple, ash, popple, oak, hemlock, and birch. Cover is supported by moderate understory, seasonal creeks, and an established trail system designed for day-to-day access on the ground. An area of tillable land on the north end provides options for food plots, habitat improvement, or potential rental use.

    The main creek runs along the eastern edge, and a low-impact access approach is described from the east. The property sits in the Town of Spirit in Price County, and the landscape layout is suited to creating bedding cover toward the south while focusing food locations to the north.

    With grouse, turkey, and deer sign noted throughout, the combination of timber, water features, and trail access supports practical hunting use year after year. The presence of build-ready road access and the established internal trails also make the property workable for an owner who wants to develop improvements without starting from scratch.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Hotel & Motel Storage Facility Bar & Pub Locksmith

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

    Location Insight

    • Map
    • Local Demand
    City
    Ogema
    County
    Price
    State
    Wisconsin
    Longitude
    -90.254
    Latitude
    45.4341

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    FAQs

    What type of property is this?
    Hunting land - Gently rolling hunting and timber property with creeks, established trails, and tillable ground for food plots or income options.
    Where is this hunting land located?
    The property is located at W585 Strucker Road Ogema, WI.
    What is the asking price?
    The asking price for this property is $359,900.
    What are key features of this property?
    This property features: 81.3‑acre, two‑parcel property in the Town of Spirit, Price County; Timber mix includes pine, maple, ash, popple, oak, hemlock, and birch; Gently rolling terrain with seasonal creeks and a main creek along the eastern edge
    (920) 819-1338
    We can help!
    Listing Contact
    Jeremy J VanHulle
    Real Estate License ID: 90-57180
    Learn More
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    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.

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