Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5607 Old Lyman Lk Rd South Range, WI 54874

    • Commercial real estate
    • 40.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US92-1336601
    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

    • Commercial real estate

    Property Details for 5607 Old Lyman Lk Rd

    Lot size
    40.00 lot acres
    Zone code
    F1
    Property type
    Commercial real estate
    APN
    OA-022-00553-00
    APU
    OA0220055300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Range
    County
    Douglas
    State
    Wisconsin
    Longitude
    -92.0181
    Latitude
    46.5596
    CBSA code
    20260
    CBSA name
    DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

    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
    $1,065
    $50,100
    $18,700
    $68,800
    -
    $71,655
    $26,745
    $98,400

    Comparable in this City

    • Value Estimation by Request
      0.69 Acres

      3205 County E Rd

      COMMERCIAL (GENERAL) • 0.69 Acres
      3205 County E Rd, South Range, WI 54874-8738
      View Details
    • Value Estimation by Request
      9.53 Acres

      6610 State Rd 13

      COMMERCIAL (GENERAL) • 9.53 Acres
      6610 State Rd 13, South Range, WI 54874
      View Details
    • Value Estimation
      $300,000
      4.30 Acres

      4119 County Rd K K

      COMMERCIAL (GENERAL) • 4.30 Acres
      4119 County Rd K K, South Range, WI 54874-8505
      View Details
    • Value Estimation
      $295,000
      7.00 Acres

      4368 County E Rd

      COMMERCIAL (GENERAL) • 7.00 Acres
      4368 County E Rd, South Range, WI 54874-8760
      View Details
    • Value Estimation by Request
      7.00 Acres

      8264 San Rd

      COMMERCIAL (GENERAL) • 7.00 Acres
      8264 San Rd, South Range, WI 54874-8661
      View Details
    • Value Estimation by Request
      21.00 Acres

      5792 County Rd Z Z

      COMMERCIAL (GENERAL) • 21.00 Acres
      5792 County Rd Z Z, South Range, WI 54874-8741
      View Details

    Similar Nearby for Sale

    • $850,000
      4,500 SF

      Iconic Supper Club Opportunity

      Established restaurant and bar with expansion potential in South Range.
      4368 S County Rd E, South Range, WI 54874
      View Details
    • $495,000
      5,000 SF

      Steel Frame Shop/Warehouse For Sale

      Shop/Warehouse near Hwy 53 on 2.5 acres.
      3302 Humane Society Rd, South Range, WI 54874
      View Details
    • $495,000
      5,000 SF

      South Range Warehouse - $495,000

      5,000 SF Warehouse, Hwy 53 Access
      3302 Humane Society Rd, South Range, WI 54874
      View Details
    • $224,900
      Pending

      70 Acres Recreational and Hunting Land

      70 acres of wooded privacy with barndominium near public land.
      6509 South Old 11, South Range, WI 54874
      View Details
    • $150,000
      15.00 Acres

      Lake Superior Waterfront Recreational Land

      15-acre lot with 710' frontage on Lake Superior.
      8301 Camp Amnicon Rd, South Range, WI 54874
      View Details
    • $150,000
      10.67 Acres

      Lake Superior Waterfront Land Parcel

      11-acre Lake Superior waterfront property in Douglas County, Wisconsin.
      8303 Camp Amnicon Rd, Wentworth, WI 54874
      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.
    5607 Old Lyman Lk Rd
    South Range, WI 54874
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.