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    14770 State Hwy 13 Herbster, WI 54844-4502

    • Commercial real estate
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US92-2254885
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Elsie Blue General Store & Timberrr Bar / General Store / Bar
    • Timberrr / Bar

    Property Details for 14770 State Hwy 13

    Lot size
    0.17 lot acres
    Property type
    Commercial real estate
    APN
    04-014-2-50-07-05-4 00-238-04000
    APU
    9223372036854775807

    Description

    This exceptional turnkey business opportunity encompasses the Elsie Blue General Store and Timberrr Bar, situated on a 0.34-acre lot at 14770 State Hwy 13 in Herbster, Wisconsin. Priced at $399,900, this well-established establishment is a local landmark, renowned throughout the South Shore of Lake Superior. The property boasts stunning views of Lake Superior, a significant advantage attracting both local residents and tourists. Its strategic location directly on an ATV and snowmobile trail provides easy access for outdoor enthusiasts, while its proximity to thousands of acres of hunting land and numerous lakes and streams, including the Cranberry River (a Class 1 trout stream), further enhances its appeal. Timberrr Bar is recognized for its rapid growth, a testament to its popularity and strong customer base. The combined business model of a general store and a thriving bar offers a diverse revenue stream and significant potential for future expansion. This is a rare chance to acquire a profitable, established business with a strong reputation and exceptional location. The property's unique combination of natural beauty, recreational access, and a thriving business makes it an attractive investment opportunity. This turnkey operation is ready for a new owner to step in and continue its success.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $275,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $265,000
      Mixed-Use
      $305,000
      Hospitality
      $310,000
      Educational
      $320,000
      Residential Income
      $255,000
      Energy
      $310,000
      Income-Based Land
      $275,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Herbster
    County
    Bayfield
    State
    Wisconsin
    Longitude
    -91.2627
    Latitude
    46.8329

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,693
    $7,700
    $99,500
    $107,200
    -
    $0.00
    $0.00
    $134,900

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      15455 State Hwy 13

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      15455 State Hwy 13, Herbster, WI 54844
      View Details
    • Value Estimation by Request
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      Herbster, WI 54844

      COMMERCIAL (GENERAL) • 0.16 Acres
      Herbster, WI 54844
      View Details
    • Value Estimation by Request
      0.46 Acres

      14720 State Hwy 13

      COMMERCIAL (GENERAL) • 0.46 Acres
      14720 State Hwy 13, Herbster, WI 54844-4502
      View Details
    • Value Estimation
      $300,000
      12.02 Acres

      15765 State Hwy 13

      COMMERCIAL (GENERAL) • 12.02 Acres
      15765 State Hwy 13, Herbster, WI 54844
      View Details
    • Value Estimation by Request
      20.00 Acres

      Herbster, WI 54844

      COMMERCIAL (GENERAL) • 20.00 Acres
      Herbster, WI 54844
      View Details
    • Value Estimation
      $275,000
      0.06 Acres

      86985 Lenawee Rd

      COMMERCIAL (GENERAL) • 0.06 Acres
      86985 Lenawee Rd, Herbster, WI 54844
      View Details

    Similar Nearby for Sale

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    Herbster, WI 54844-4502
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    Realmo Value Estimation

    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.

    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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