Forest Home Ave Hales Corners, WI 53132
- Land
- 23.18 lot acres
Current Use by Public Records
- Land
Property Details for 0 Forest Home Ave
- Lot size
- 23.18 lot acres
- Property type
- Land
Description
This exceptional 23.182-acre parcel, located on W. Forest Home Avenue in Franklin, Wisconsin (53132), presents a remarkable opportunity for residential development. Boasting over 1,300 feet of frontage along a high-traffic road (5,800 vehicles daily), this site offers unparalleled visibility and accessibility. Previously designed as an expansion for the Monticello Gardens residential development, the property benefits from its location just south of a thriving retail and industrial area, ensuring strong demand. The vibrant area experiences accelerated growth in housing, retail, and business development. Situated within the desirable Franklin Public School District, the land is conveniently located just east of Muskego Lakes Middle School and approximately two miles from the intersection of Highways 36 and 45. The property includes approximately 13.3 usable acres (with approximately 9.88 acres considered wet). Previous approvals existed for 156 units. The current zoning is R-8 (Residential), and water and sewer are on-site (verification with the city's engineering department is recommended). Utilities are at the parcel line (subject to verification). The APN is 798-9990-007. This prime location and substantial acreage make this an ideal investment for large-scale residential development. The asking price is $1,800,000, translating to $135,338 per acre.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hales Corners
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0681
- Latitude
- 42.9003
