Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Silver Spring Dr Menomonee Falls, WI 53051

    For Sale
    $284,900

    7.24 Acres, Multi-Family Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7.24-acre parcel in Menomonee Falls, Wisconsin, presents a prime opportunity for residential development. Located off Silver Spring Drive in Waukesha County, zip code 53051, this property is zoned for Planned Residential Development, allowing for one-family, two-family, and multi-family dwellings. The site boasts a significant daily traffic count of 14,400 vehicles (per WI DOT data), ensuring high visibility and accessibility. A fill permit is already in place to raise the grade, simplifying the development process and potentially reducing site preparation costs. This is an ideal location for developers seeking to capitalize on the strong demand for housing in the Menomonee Falls area. The asking price is $284,900. The property's latitude and longitude coordinates are 43.1192832 and -88.1334334 respectively. This presents a unique chance to build a thriving residential community in a desirable Wisconsin location. Serious inquiries are encouraged.

    Property Features for 0 Silver Spring Dr

    General Information

    Property type
    Land
    Lot Size
    315,374 SF

    HighLights

    • $284,900 asking price.
    • 7.24‑acre land parcel.
    • Planned Residential Development zoning.
    • Located in Menomonee Falls, WI, on Silver Spring Dr., Waukesha County, zip code 53051.
    • Suitable for multi‑family development.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Menomonee Falls
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1334334
    Latitude
    43.1192832

    Nearby Similar for Sale

    • $574,900
      3.00 Acres

      Farmhouse on Picturesque Three Acres

      Charming 3-bedroom farmhouse with modern updates on 3 acres.
      N64w20755 Mill Rd, Menomonee Falls, WI 53051
      View Details
    • $484,900

      Stone Haven Split Ranch Duplex

      Stunning side-by-side split ranch with open-concept design and modern amenities.
      W144N4822 Stone Dr, Menomonee Falls, WI 53051
      View Details
    • $6,200,000
      29,050 SF

      Menomonee Falls Retail Opportunity

      Single tenant retail property in Menomonee Falls, Wisconsin.
      16815-16899 Appleton Ave, Menomonee Falls, WI 53051
      View Details
    • $650,000

      Four-Unit Building Near Downtown

      Four-unit building near shops, restaurants, and Bugline Trail.
      W166N9108 Grand Ave, Menomonee Falls, WI 53051
      View Details
    • $1,950,000
      35,596 SF

      Menomonee Falls Warehouse with Expansion Potential

      Warehouse with immediate freeway access and expansion possibilities in Menomonee Falls.
      W156 Tipp St, Menomonee Falls, WI 53051
      View Details
    • $1,200,000
      5,930 SF

      Freestanding Restaurant Building on Appleton

      Freestanding restaurant building with high visibility and ample parking.
      N82 Appleton Ave, Menomonee Falls, WI 53051
      View Details

    FAQs

    What type of property is this?
    Land - 7.24 Acres, Multi-Family Potential
    Where is this land located?
    The property is located at Silver Spring Dr Menomonee Falls, WI.
    What is the asking price?
    The asking price for this property is $284,900.
    What are key features of this property?
    This property features: $284,900 asking price.; 7.24-acre land parcel.; Planned Residential Development zoning.
    Request Owner's contact information
    Silver Spring Dr Menomonee Falls, WI 53051
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Silver Spring Dr
    Menomonee Falls, WI 53051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Silver Spring Dr Menomonee Falls, WI 53051
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.