Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    N6599 State Highway 27 Ladysmith, WI 54848

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    N6599 State Highway 27 Ladysmith, WI 54848

    View on Map
    • Commercial real estate
    • 1,000 SF
    • 37.32 lot acres
    For Sale
    $550,000
    View Listing →
    Established Campground w/ Riverfront For Sale
    $550,000
    1,000 SF

    Established Campground w/ Riverfront

    Thriving Campground, 31 RV Sites, Riverfront

    N6599 State Highway 27, Ladysmith, WI 54848
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for N6599 State Highway 27

    Lot size
    37.32 lot acres
    Property size
    1,000 SF
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents a well-established campground nestled along the picturesque Thornapple River in Ladysmith, Wisconsin. Boasting 1,000 square feet of building space and situated on a generous 37.32-acre lot with 1136 feet of river frontage, this property offers 31 RV sites, each equipped with individual electric meters. Approximately 18 of these sites are occupied by repeat annual campers, providing a consistent and reliable income stream. Guest amenities include a convenient dump station and a shower house. The property also includes a manufactured home, suitable for owner occupancy or rental income generation, and a two-car garage ideal for equipment storage or personal use. Multiple septic systems are in place, with three RV sites directly connected for enhanced convenience. This turnkey operation presents a compelling investment opportunity in a desirable location, with significant potential for expansion and increased revenue. The asking price is $550,000. This is a rare chance to acquire a profitable and established business in a scenic setting.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ladysmith
    County
    RUSK
    State
    Wisconsin
    Longitude
    -91.1157
    Latitude
    45.529

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      Ladysmith, WI 54848

      COMMERCIAL (GENERAL) • 0.23 Acres
      Ladysmith, WI 54848
      View Details
    • Value Estimation by Request
      1.33 Acres

      4510th Cloverland Rd

      COMMERCIAL (GENERAL) • 1.33 Acres
      4510th Cloverland Rd, Ladysmith, WI 54848-9584
      View Details
    • Value Estimation by Request
      0.12 Acres

      419 Miner W Ave

      COMMERCIAL (GENERAL) • 0.12 Acres
      419 Miner W Ave, Ladysmith, WI 54848
      View Details
    • Value Estimation by Request
      0.13 Acres

      116 Miner E Ave

      COMMERCIAL (GENERAL) • 0.13 Acres
      116 Miner E Ave, Ladysmith, WI 54848-1826
      View Details
    • Value Estimation by Request
      0.07 Acres

      213 Miner W Ave

      COMMERCIAL (GENERAL) • 0.07 Acres
      213 Miner W Ave, Ladysmith, WI 54848-1723
      View Details
    • Value Estimation by Request
      5.00 Acres

      7845th Old 8th Rd

      COMMERCIAL (GENERAL) • 5.00 Acres
      7845th Old 8th Rd, Ladysmith, WI 54848-9452
      View Details

    Similar Nearby for Sale

    • $550,000
      1,000 SF

      Established Campground w/ Riverfront

      Thriving Campground, 31 RV Sites, Riverfront
      N6599 State Highway 27, Ladysmith, WI 54848
      View Details
    • New
      Contact for pricing
      1.48 Acres

      Land Available in Ladysmith, WI

      1.48 acres of commercial land on East 10th Street.
      E 10Th St N, Ladysmith, WI 54848
      View Details
    • New
      $129,900
      0.47 Acres

      Ladysmith Flowage Waterfront Development Lots

      Waterfront lots on Ladysmith Flowage, minutes from town.
      Bruno Ave, Ladysmith, WI 54848
      View Details
    • Contact for pricing

      Land on Port Arthur Road

      Land suitable for casual dining or medical/dental use.
      Port Arthur Rd, Ladysmith, WI 54848
      View Details
    • $39,000
      9.41 Acres

      Ladysmith Land with Highway Frontage

      9-acre parcel in Ladysmith with frontage on Highway 27.
      5th W 5Th St N, Ladysmith, WI 54848
      View Details
    • $322,128
      120.00 Acres

      Ladysmith, WI Forestland

      120-acre forestland in Rusk County, enrolled in MFL program.
      On Sheep Cp Rd, Ladysmith, WI 54848
      View Details
    View Listing
    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.
    N6599 State Highway 27
    Ladysmith, WI 54848
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!