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Commercial Land with Dual Access
For Sale
$375,000

3140 West Drexel Avenue, Franklin, WI 53132

Two-parcel development site with B-MU zoning and utilities available at the street.

Property Size208,216 SF
Price / SF$1.80
Days on Market436

Property Features for 3140 West Drexel Avenue

General Information

Standard status Active
Size 208,216 SF
Property subtype Land / Vacant Land

Taxes and HOA fees

Annual Taxes $4,262
Listing Agency: Shorewest Realtors - South Metro
Listed By: Robby Johnson · License #93375-94
Source: Compass
Added: Aug 7, 2025 Changed: Oct 11 Last Checked: Oct 15 at 1:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shorewest Realtors - South Metro

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Investment Insights

Based on property information with market context.

This 4.78-acre commercial land offering consists of two parcels in Franklin, Wisconsin. The property carries B-MU, or Business Mixed-Use, zoning and has access from both W Drexel Avenue and S 31st Street. Utilities are located at the street, supporting future site planning and development work.

The zoning framework accommodates a range of stated development concepts, including single-family residential, multifamily apartments, condominium communities, medical or professional offices, retail, and mixed-use projects. The property is located at 3140 W Drexel Ave and provides a substantial land base for evaluating one of these potential directions.

Key Highlights

  • 4.78‑acre commercial land opportunity
  • Two‑parcel configuration with access from W Drexel Avenue and S 31st Street
  • B‑MU (Business Mixed‑Use) zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 53132, WI

36,166
Population
14,073
Households
2.6
Avg Household Size
44
Median Age
46%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
1,042
Density / Sq Mi
$110,656
Median Household Income
$64,194
Median Earnings
$1,380
Median Rent
$345,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-parcel development site with B-MU zoning and utilities available at the street.
Where is this commercial land located?
The property is located at 3140 West Drexel Avenue Franklin, WI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 4.78‑acre commercial land opportunity; Two‑parcel configuration with access from W Drexel Avenue and S 31st Street; B‑MU (Business Mixed‑Use) zoning
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