Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Vickerman Rd Milton, WI 53563

    Property Lookup

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

    Vickerman Rd Milton, WI 53563

    View on Map
    • Land
    • 80.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Vickerman Rd

    Lot size
    80.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 80-acre agricultural parcel presents a significant development opportunity within the Crossroads Business Park in Milton, Wisconsin. Strategically located at the intersection of Highway 26 and Highway 59, this site benefits from unparalleled access to major transportation arteries. Highway 26 provides easy, uncongested connections to I-90, Illinois, Chicagoland, the Fox Valley, Janesville, and Whitewater. The property's location within the Crossroads Business Park offers further advantages, including access to rail service for enhanced logistical capabilities. This city-owned land is shovel-ready, with tax increment financing available to qualified buyers. The site features convenient access points via N Vickerman Road and Townline Road, along with readily available city water and sewer services. The seller is willing to subdivide the property to accommodate various development needs. This presents a rare chance to acquire a large, well-situated tract of land in a thriving Wisconsin community with excellent infrastructure and transportation links. The asking price for this exceptional property is $2,800,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Rock
    State
    Wisconsin
    Longitude
    -88.8962
    Latitude
    42.7575

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      Henke Rd

      Land • 2.00 Acres
      0 Henke Rd, Milton, WI 53563
      View Details
    • Value Estimation by Request
      4.09 Acres

      1400 High St

      Distribution properties • 24,280 SF
      1400 High St, Milton, WI 53563
      View Details
    • Value Estimation by Request
      24,280 SF

      1400 High St

      Distribution properties • 24,280 SF
      1400 High St, Milton, WI 53563
      View Details
    • Value Estimation by Request
      1.57 Acres

      Arthur Dr

      Land • 1.57 Acres
      0 Arthur Dr, Milton, WI 53563
      View Details
    • Value Estimation by Request
      3,000 SF

      136-138 Merchant Row

      Land • 3,000 SF
      136-138 Merchant Row, Milton, WI 53563
      View Details
    • Value Estimation by Request
      8.89 Acres

      Wi-26

      Land • 8.89 Acres
      0 Wi-26, Milton, WI 53563
      View Details

    Similar Nearby for Sale

    • $847,000

      Land For Sale Milton

      Land available in Milton, Wisconsin.
      Chicago St, Milton, WI 53563
      View Details
    • $149,000
      4.23 Acres

      Wooded Acres in Milton, WI

      4+ acres of wooded land for development in Milton.
      4 Acres +- Glacier Vw Ct, Milton, WI 53563
      View Details
    • $99,900
      0.27 Acres

      Residential Lot with Sweeping Views

      Residential lot in Milton, WI, with sunrise views.
      1168 Red Hawk Dr, Milton, WI 53563
      View Details
    • $850,000

      Commercial Parcel with Pole Building

      1.45-acre commercial parcel with pole building and garage.
      534 Chicago St, Milton, WI 53563
      View Details
    • $1,103,900

      Milton, WI Industrial Land

      Shovel-ready industrial sites with rail infrastructure in Milton, WI.
      @ Cty M Lot 7 - Putman Pkwy, Milton, WI 53563
      View Details
    • $90,000
      1,100 SF

      Milton Commercial Building - Own Your Space!

      Affordable 1100 sq ft workshop/storage. Perfect for RV, boat, or car.
      1251 Arthur Dr, Milton, WI 53563
      View Details
    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.
    Vickerman Rd
    Milton, WI 53563
    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!