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    3211 Rawson Ave Franklin, WI 53132

    Sponsored
    For Sale
    $1,030,000

    5.42 acres, High Traffic, I-94 Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.42-acre commercial land parcel, located at 3211 & 3241 W. Rawson Avenue in Franklin, Wisconsin (53132), presents a compelling investment opportunity. Zoned B-4 Highway Business District, this property boasts unparalleled access to high traffic counts, with Rawson Avenue seeing 17,400 vehicles per day, S. 27th Street at 22,100 VPD, and Interstate 94 boasting 137,000 VPD. Its strategic location offers close proximity to Interstate 94, providing excellent regional connectivity. The property is situated in a dynamic transition zone experiencing substantial growth, with a significant recent increase in multi-family and commercial development, and numerous large projects planned, under construction, and recently completed. The land itself is generally level, simplifying development. The combined 2022 property taxes for the two parcels (APN: 761-9970-000

    Property Features for 3211 Rawson Ave

    General Information

    Property type
    Land
    Lot Size
    236,139 SF

    HighLights

    • 5.42‑acre commercial land parcel in Franklin, WI (53132), zoned B‑4 Highway Business District.
    • Excellent access to high‑traffic roadways: Rawson Ave (17,400 VPD), S. 27th St (22,100 VPD), and I‑94 (137,000 VPD).
    • Prime location near I‑94, offering strong regional connectivity.
    • Situated in a rapidly developing area with significant recent multi‑family and commercial growth.
    • Level topography simplifies development.
    • Combined 2022 property taxes: $24,321.12.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -87.957266
    Latitude
    42.915281

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    FAQs

    What type of property is this?
    Land - 5.42 acres, High Traffic, I-94 Proximity
    Where is this land located?
    The property is located at 3211 Rawson Ave Franklin, WI.
    What is the asking price?
    The asking price for this property is $1,030,000.
    What are key features of this property?
    This property features: 5.42-acre commercial land parcel in Franklin, WI (53132), zoned B-4 Highway Business District.; Excellent access to high-traffic roadways: Rawson Ave (17,400 VPD), S. 27th St (22,100 VPD), and I-94 (137,000 VPD).; Prime location near I-94, offering strong regional connectivity.
    Request Owner's contact information
    3211 Rawson Ave 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
    3211 Rawson Ave Franklin, WI 53132
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