Active

$250,000

W140N5683 LILLY ROAD, Menomonee Falls, WI 53051

--beds

--baths

5Acres

Unimproved Land

Built in ----

5 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Industrial development opportunity in Menomonee Falls with convenient access to I-41. This approximately 5-acre property is zoned Light Industrial and located within the Village's Tax Incremental District (TID). Approximately 2.5 acres are considered developable, with the balance impacted by Floodway (FW) designation. Buyers should conduct their own due diligence regarding zoning, site planning, and development requirements. Property includes a tenant-occupied, legal non-conforming 1-bedroom, 1-bath single-family residence being sold as-is. Ideal for industrial users, developers, investors, contractors, storage facilities, and service-related businesses.

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Facts & features

Property

Lot

Size: 5 Acres
Features: Level, Raw Land

Details

Parcel number: MNFV0104993
Zoning: Industrial

Utilities & green energy

Electric: Underground
Sewer: Public Sewer, Sewer Laterals to Lot
Water: Water Laterals to Lot, Public, Municipal Water Required
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

Community & HOA

Location

Region: Menomonee Falls
Municipality: Menomonee Falls

Financial & listing details

Tax assessed value: $205,800
Annual tax amount: $2,403
Date on market: 6/26/2026
Listing terms: Sell in Entirety
Inclusions: None
Exclusions: Tenant's Personal Property.
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,087/mo

Price history

Date	Event	Price
6/26/2026	Listed for sale	$250,000-47.4%
Source: WIREX MLS #1969164 Report a problem
10/2/2019	Listing removed	$475,000
Source: First Weber Inc - Menomonee Falls #1611922 Report a problem
10/25/2018	Listed for sale	$475,000
Source: First Weber Inc - Menomonee Falls #1611922 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,171 -4.8%	$194,000 -7.6%
2023	$2,281 +22.5%	$209,900 +79.9%
2022	$1,862 +4.2%	$116,700
2021	$1,787 -3.6%	$116,700
2020	$1,854 +4%	$116,700
2019	$1,782 -18.7%	$116,700
2018	$2,192 -2.1%	$116,700
2017	$2,239 +15%	$116,700
2015	$1,948 -6.7%	$116,700
2014	$2,088	$116,700
2013	$2,088	$116,700
2012	$2,088 -1.1%	$116,700
2011	$2,111	$116,700
2010	$2,111	$116,700 -19.4%
2009	--	$144,700
2008	--	$144,700
2006	--	$144,700
2005	--	$144,700 +80.6%
2004	--	$80,100
2003	--	$80,100
2002	--	$80,100 +43.3%
2001	--	$55,900
2000	--	$55,900

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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