$825,000

11121 W Loomis Rd

Franklin WI, 53132

Description

UNIQUE OPPORTUNITY WITH MANY POSSIBILITIES! This 15.6 acre parcel offers high visibility with 1,003 ft of frontage along Hwy 36/Loomis Rd. Currently zoned for a Single Family Residential Estate (R-3) and could be subdivided with option to BUILD YOUR DREAM HOME or request a zoning change for future Business, Commercial or Multi-Family use through City of Franklin Planning/Zoning Dept. Municipal sewer and water is available at intersection of Hwy 36/Ryan Rd. Farmhouse, motel and outbuilding to be raised by Buyer/Developer. Farmhouse is tenant occupied. Priced just under $60,000/acre. Wetland Delineation available upon request. South of this property at the corner 10 additional acres are for sale. Potential of 25 acres to rezone and develop.

Details

MLS#1697724
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site79

Features

ZoningR-3
Acreage15.60
Water FrontStream
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Area Information
StateWI
CountyMilwaukee
CityFranklin
Zip Code53132
AreaMilwaukee
Listing VS Median (in 53132)
Price:
$825,000
low | high
Med:
$297,000
100% of Average
On Site:
79
low | high
Med:
53
100% of Average
Listing Updated: 09/23/2020
Carrie L Lemke LogoMLS Number: 1697724
Listing Provided By:
Carrie L Lemke  of  Lemke Realty LLC
Listing data provided by Metro MLS. Copyright 2020, Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing