PRIME DEVELOPMENT OPPORTUNITY for Multi-Family use under current R-8 Zoning or Light Manufacturing under future (2025) M-1 Light Industrial Zoning. Frontage on both S 124th St and Oakwood Rd. May be perfect for an indoor storage facility, business condos or light industrial site. +/- 5,700 cars per day per DOT. City water and sewer will be accessible for the right project with proper approvals with City of Franklin/Planning Department. Franklin is home to The Rock Sports Complex, Luxe Golf Bays, Milwaukee Sports Complex, two business parks, top-rated schools, shopping and restaurants. Property is conveniently located minutes from the I-94 freeway with access to Milwaukee, Racine and Kenosha. Priced at $40,000/acre.
Closed
$600,000
Lt1 South 124TH STREET, Franklin, WI 53132
--beds
--baths
22.5Acres
Unimproved Land
Built in ----
22.5 Acres Lot
$-- Zestimate®
$--/sqft
$1,607 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,607/mo
Zestimate® history
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Light industrial zoningLight manufacturingBusiness condosLuxe golf baysIndoor storage facilityTop-rated schoolsRock sports complex
Zillow last checked:
Listing updated:
Listed by:
Carrie Lemke 262-352-9186,
NextKey Realty Group, LLC
Bought with:
Carrie L Lemke
Source: WIREX MLS,MLS#: 1818971
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Property
Lot
- Size: 22.50 Acres
- Features: Level, Wetlands, Raw Land, Easement(s)
Details
- Parcel number: 9399996008
- Zoning: R-8, M-1
- Special conditions: Arms Length
Utilities & green energy
- Sewer: Public Sewer
- Water: None, Public, Municipal Water Required
- Utilities for property: None
Community & neighborhood
Location
- Region: Franklin
- Municipality: Franklin
Other
Other facts
- Listing terms: Sell in Entirety
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2023 | Sold | $600,000-33.3% |
Source:  WIREX MLS #1818971 Report a problem | ||
| 10/3/2023 | Pending sale | $900,000 |
Source: WIREX MLS #1818971 Report a problem | ||
| 9/25/2023 | Contingent | $900,000 |
Source: WIREX MLS #1818971 Report a problem | ||
| 4/6/2023 | Listed for sale | $900,000 |
Source: WIREX MLS #1818971 Report a problem | ||
| 3/21/2023 | Contingent | $900,000 |
Source: WIREX MLS #1818971 Report a problem | ||
| 11/23/2022 | Listed for sale | $900,000 |
Source: WIREX MLS #1818971 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 53132
Nearby schools
GreatSchools rating
- 7/10Country Dale Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 7/10Forest Park Middle SchoolGrades: 6-8Distance: 3.3 mi
- 8/10Franklin High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Middle: Forest Park
- High: Franklin
- District: Franklin Public
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Wisconsin
- Milwaukee County
- Franklin
- 53132
- Lt1 South 124TH STREET
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