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Residential Land Parcel
For Sale
$400,000

Lt0 West Drexel Avenue, Franklin, WI 53132

Residential land parcel near local amenities, with a survey flagging possible wetlands and portions within the 100-year floodplain.

Property Size200,376 SF
Lot Size4.60 Acres
Price / SF$2.00
Days on Market79

Property Features for Lt0 West Drexel Avenue

General Information

Standard status Active
Size 200,376 SF
Lot size 4.60 Acres
Property subtype Land / Vacant Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,196
Listing Agency: Keller Williams-MNS Wauwatosa
Listed By: Dorene Drumel · License #83748-94
Source: Compass
Added: May 24 Changed: Aug 8 Last Checked: Jul 21 at 4:56AM

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 Keller Williams-MNS Wauwatosa

Investment Insights

Based on property information with market context.

Rare opportunity to own approximately 4.6 acres of residential land in one of Franklin’s desirable locations, surrounded by established homes. The property is described as offering privacy and natural beauty.

The survey on file identifies possible wetlands, environmental corridor areas, and portions of the property located within the 100-year floodplain. Buyers are encouraged to consult with the City of Franklin, Milwaukee County, DNR, and applicable professionals regarding intended use, development potential, and permitting requirements.

The property is also described as being close to local amenities, including Tuckaway Country Club, shopping, and I-94.

Key Highlights

  • ±4.6‑acre residential land parcel in Franklin
  • Surrounded by established homes
  • Survey on file flags possible wetlands and environmental corridor areas

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods HVAC Service

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

83
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential land parcel near local amenities, with a survey flagging possible wetlands and portions within the 100-year floodplain.
Where is this residential land & home lot located?
The property is located at Lt0 West Drexel Avenue Franklin, WI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: ±4.6‑acre residential land parcel in Franklin; Surrounded by established homes; Survey on file flags possible wetlands and environmental corridor areas
More about this property
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