Property profile

Franklin, WI 53132

OFF-MARKET
Land
0.7 ac lot
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Property summary

AI-generated overview

This exceptional 0.7-acre commercial land parcel presents a remarkable development opportunity in the thriving Franklin, Wisconsin market. Located at the intersection of South 76th Street and West Rawson Avenue, this property boasts a highly desirable location with exceptional visibility and accessibility. The site is zoned PDD 16, offering flexibility for a variety of commercial development projects. With an APN of 7550192005, this property is conveniently situated near multiple shopping centers, providing immediate access to a large customer base. The area is rich with amenities, entertainment options, and restaurants, creating a vibrant and attractive environment for businesses. High traffic counts are a significant advantage, with approximately 17,300 vehicles daily on South 76th Street and an additional 15,900 vehicles daily on West Rawson Avenue, according to the Wisconsin Department of Transportation data. Easy access to Interstates 94 and 43 via Rawson Avenue further enhances the property's strategic location and connectivity. The asking price for this prime development opportunity is $400,000. This is a Class B commercial property, offering significant potential for investors and developers seeking a high-impact location in a rapidly growing area. Don't miss this chance to acquire a highly visible and strategically located parcel in a thriving commercial corridor.

Property profile

Verified
Property type Land
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Franklin, WI 53132
Franklin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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