$1,400,000
SOLD DEC 27, 2024

Lt2 W Loomis Rd Franklin, WI 53132

49 Acres
$28,589 Price per Acre
2,133,133 Sq Ft Lot

Recently Sold

41% Below List Price

64 Days on Market

Highlights

  • 48.97 Acre Lot
  • High Speed Internet
  • 5-minute walk to Lions Legends Park
  • Robinwood Elementary School Rated A
  • Level Lot

About This Lot

As of December 2024

ATTENTION DEVELOPERS!!! Perfect opportunity to divide and develop 48.97 acres in rapidly growing City of Franklin with high visibility (+/- 15,100 cars/day per WI DOT) along Hwy 36/Loomis Rd. Property is currently being used as farmland with R-3 Suburban/Estate Single-Family Residential Zoning. Great location! Franklin is home to The Rock Sports Complex, Luxe Golf Bays, Ballpark Commons, top-rated schools, shopping and restaurants with easy freeway access . Water and sewer available with development plan approvals through City of Franklin planning/zoning departments.

Last Agent to Sell the Property

Carrie Lemke

NextKey Realty Group, LLC License #53198-90 Listed on: 08/20/2024

Last Buyer's Agent

Carrie Lemke

NextKey Realty Group, LLC License #53198-90 Listed on: 08/20/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,619

Lot Details

  • 48.97 Acre Lot
  • Level Lot
  • Property is zoned R-3

Schools

  • Forest Park Middle School
  • Franklin High School

Utilities

  • Water Not Available
  • High Speed Internet
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,619

Lot Details

0

Listing Details

  • Prop. Type: Vacant Land
  • Directions: W Loomis Rd. North of Brentwood Animal Campus.
  • New Construction: No
  • Cleared Acreage: Over 40 to 80 acres
  • Full Street Address: Lt2 W LOOMIS ROAD
  • Lot Acreage: 48.97
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Cable, Electricity, High Speed Internet Available, Natural Gas
  • Water Waste: No Water Presently, Municipal Sewer, Municipal Water, Municipal Water Required

Schools

  • School District: Franklin Public
  • Middle School: Forest Park
  • High School: Franklin
  • High School: Franklin
  • Junior High Dist: Franklin Public

Lot Info

  • Zoning: R-3
  • Acreage Range: 20+
  • Lot Description: Level, Raw Land, Easement(s)

Tax Info

  • Tax Year: 2023
  • Total Taxes: 1619.0

MLS Schools

  • Middle School: Forest Park

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

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $1,400,000 -41.4% --
08/20/2024 08/20/24 For Sale $2,389,000 -- --
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1888938

Metro MLS