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    3 County Road Id Blue Mounds, WI 53517

    • Land
    • 5.06 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3 County Road Id

    Lot size
    5.06 lot acres
    Property type
    Land

    Description

    This exceptional 5.06-acre commercial land parcel presents a unique investment opportunity in Blue Mounds, Wisconsin. Located in Iowa County, with APN 004-0609.04, this property is zoned AR-1 and offers significant potential for various commercial ventures. Priced at $295,000 ($58,300.40/acre), the land is conveniently situated just one mile from Highway 151, providing easy access to Dodgeville, Verona, and Madison. The property is clearly marked with color-coded PVC pipes, and is adjacent to two other similarly sized lots also available for purchase. Aerial photos may depict surrounding land not included in this sale. The property's address is Lot 3 County Road ID, Blue Mounds, WI 53517. While there are plans for an additional lot to the east of the road, this listing is specifically for Lot 3. Electronic funds transfer is required for any earnest money deposits. This is a rare opportunity to acquire a substantial commercial land holding in a desirable location with excellent access to major transportation routes. Don't miss out on this chance to build your business in a thriving area.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Blue Mounds
    County
    Iowa
    State
    Wisconsin
    Longitude
    -89.8224
    Latitude
    43.0291

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      10989 Brigham Ave

      COMMERCIAL (GENERAL) • 0.87 Acres
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      2.42 Acres

      10540 Erbe Rd

      COMMERCIAL (GENERAL) • 2.42 Acres
      10540 Erbe Rd, Blue Mounds, WI 53517-9600
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    • Value Estimation
      $7,380,000
      19.00 Acres

      2991 Mounds Rd

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    • Value Estimation by Request

      11014 Blackhawk Dr, Unit 4

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    Similar Nearby for Sale

    • $130,000
      2.00 Acres

      Prime Commercial Land, Mount Horeb, WI

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      0 Erbe Rd, Blue Mounds, WI 53517
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    • $249,000
      6.58 Acres

      Scenic 6.58-Acre Land Parcel

      6.58-acre parcel ready for your vision in Blue Mounds, WI.
      6 Topper Rd, Blue Mounds, WI 53517
      View Details
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    3 County Road Id
    Blue Mounds, WI 53517
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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.

    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
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