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    10049 W Loomis Rd Franklin, WI 53132

    For Sale
    $1,200,000

    Multi-Family - Franklin, WI

    Lot size:
    4.12 Acres
    Days on Market:
    202
    Last Refresh:
    Dec 10 at 6:06 pm

    Property Features for 10049 W Loomis Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res/B-3
    APN
    84199998000
    Lot size
    4.12 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1952
    Number of units
    2
    Building materials
    Aluminum Siding, Brick
    Architectural style
    Other

    NextKey Realty Group (262) 352-9186 [email protected]

    Listing agent Carrie L Lemke (262) 352-9186 License #53198-90

    Listing date May 23, 2025

    MLS# 1918445 Listing URL

    Copyright © 2025 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Franklin Multi-Family Development Opportunity

    This unique opportunity features two residential homes, each with 3 bedrooms and 1 bathroom, situated on over 4 acres in Franklin. Each home includes a detached 2-car garage. The property consists of 5 parcels, identified by 5 Tax IDs, and is located within Franklin's Business District. It is zoned B-3, suggesting potential for future development. The homes are being sold in AS-IS condition, subject to tenants' rights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.040028
    Latitude
    42.887276

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    FAQs

    What type of property is this?
    Single family property - Two residential homes on 4+ acres in Franklin's Business District.
    Where is this single family property located?
    The property is located at 10049 W Loomis Rd Franklin, WI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Two Residential Homes: Includes two separate 3BR, 1BA homes.; - Large Land Parcel: Situated on 4+ acres.; - Development Potential: Located in Franklin's Business District with B-3 Zoning.
    (262) 352-9186
    Request Owner's contact information
    10049 W Loomis Rd Franklin, WI 53132
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    Franklin, WI 53132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10049 W Loomis Rd Franklin, WI 53132
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