W6670 Poertner Rd Neillsville, WI 54456
This exceptional 19.9-acre hunting and recreational property in Neillsville, Wisconsin, presents a unique opportunity. Located at W6670 Poertner Road, 54456, this land boasts a tranquil setting near a stream and the Black River, with convenient access to Lake Arbutus (approximately 10 minutes away). The property includes a partially finished 980 square foot, one-story home built in 2007. The home features hickory flooring and cabinets, and offers stunning views. Electrical wiring is installed throughout, with some plumbing already in place. While the home requires finishing touches, it offers the potential for comfortable weekend getaways. The land itself is ideal for hunting, with abundant wildlife and proximity to hundreds of acres of public county hunting land. A stream meanders through approximately half the property. The asking price is $215,000, representing a land value of $0.25 per square foot. The property's pro-forma NOI is $5,000, yielding a 2.33% cap rate. This property is perfect for those seeking a peaceful retreat with excellent hunting and recreational opportunities, conveniently located near ATV trails. The property is 100% owned. Don't miss this chance to own a slice of Wisconsin paradise.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.