$1,695,000
$600K PRICE DROP

11223 W Loomis Rd Franklin, WI 53132

Estimated payment $9,616/month

Total Views 50,806
11 Acres
$156,944 Price per Acre
470,448 Sq Ft Lot

About This Lot

PRIME 10-ACRE COMMERCIAL CORNER LOT for future development in rapidly growing City of Franklin! Property can be subdivided into 3 or 4 lots. B-G General Business District Zoning and just minutes from The Rock Sports Complex, Ballpark Commons, Luxe Golf Baye and Franklin's newest Loomis Business Park, including several new residential subdivisions. High visibility on Loomis Rd (Hwy 36) with +/-18,400 cars/day per DOT. Conveniently located near shopping, restaurants and I-94 freeway access.

Listing Agent

Carrie Lemke

NextKey Realty Group, LLC License #53198-90 Listed on: 02/07/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,036

Lot Details

  • 10.8 Acre Lot
  • Property fronts a state road

Schools

  • Robinwood Elementary School
  • Forest Park Middle School
  • Franklin High School

Listing and Financial Details

  • Assessor Parcel Number 8899992000

Property Details

Property Type

Land

Est. Annual Taxes

$4,036

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 10.8
  • Road Frontage Type: Town/City Road, State Road, High Visibility, Paved Road, Service-City/Village
  • Directions: NE Corner of Hwy 36 (Loomis Road) and Hwy H (Ryan Road).
  • Special Features: None

Exterior Features

  • Topography: Level, Wooded
  • Other Structures: None

Utilities

  • Green Building Features: Near Recreation Area, Other

Schools

  • Elementary School: Robinwood
  • Junior High Dist: Franklin Public
  • High School: Franklin
  • Middle Or Junior School: Forest Park

Lot Info

  • Current Use: Agriculture
  • Lot Size Sq Ft: 470448
  • Parcel #: 8899992000

Tax Info

  • Tax Annual Amount: 4036
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,018 -- -- --
2023 $1,427 $88,200 $88,200 --
2022 $1,549 $79,400 $79,400 $0
2021 $1,525 $74,100 $74,100 $0
2020 $1,555 $0 $0 $0
2019 $1,783 $74,000 $74,000 $0
2018 $1,662 $0 $0 $0
2017 $1,877 $74,000 $74,000 $0
2015 -- $68,500 $68,500 $0
2013 -- $68,500 $68,500 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $1,695,000 -5.6% --
11/09/2024 11/09/24 Price Changed $1,795,000 0.0% --
11/09/2024 11/09/24 For Sale $1,795,000 -10.0% --
10/18/2024 10/18/24 Off Market $1,995,000 -- --
06/12/2024 06/12/24 Price Changed $1,995,000 -13.1% --
02/06/2024 02/06/24 For Sale $2,295,000 -- --
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $350,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Closed $227,854 Commercial
Closed $280,000 Commercial
Source: Public Records

Source: Metro MLS

MLS Number: 1863867

Metro MLS

APN: 889-9992-000

Wisconsin Milwaukee County Franklin 53132

11223 W Loomis Rd, Franklin, WI

This home is located at 11223 W Loomis Rd, Franklin, WI 53132 and is currently priced at $1,695,000. 11223 W Loomis Rd is a home located in Milwaukee County with nearby schools including Country Dale Elementary School, Forest Park Middle School, and Franklin High School.

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IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

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Carrie Lemke
Listing Agent
Carrie Lemke
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NextKey Realty Group, LLC
(414) 797-6158