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Property profile & analytics

6501 27Th St Franklin, WI 53132

  • Commercial real estate
  • 17,202 SF
  • 70.00 lot acres
Value Estimation
$5,930,000
Last Sale
Nov 17, 2021
$4,900,000
Location Intelligence
Property ID
US92-2037327
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 6501 27Th St

Year built
1995
Lot size
70.00 lot acres
Property size
17,202 SF
Property type
Commercial real estate
APN
714-9997-002
APU
7149997002

Description

College Plaza Shopping Center, located at 6501 S 27th St in Franklin, Wisconsin (zip code 53132), presents a unique opportunity for medical office tenants. This 5,710 square foot building sits on a 1.37-acre lot and is currently fully vacant, offering a blank canvas for a new tenant to customize. The property is zoned B-4 Mixed Use Commercial, allowing for a variety of potential uses within the medical field. The building is classified as both retail and office space, and its subtype is specifically designated as a medical office and shopping center. The property features ample parking, with approximately 73 spaces available for tenants and their clients. The property's location in Milwaukee County provides excellent access to major roadways and a strong local demographic. The entire 5,710 square feet is available for lease, making it ideal for a single large tenant or a group of smaller medical practices seeking a collaborative space. The property's APN is 7149997002. This is a rare opportunity to secure a substantial, well-located medical office space in a thriving community. The property's size and zoning offer significant flexibility for a variety of medical uses.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $6,165,000
  • CAP approach

    CAP return
    Estimation
    6%
    $4,945,000
    6.5%
    $4,735,000
    7%
    $4,920,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,310,000
    Geo Method
    $4,285,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,445,000
    Retail
    $5,950,000
    Mixed-Use
    $5,250,000
    Hospitality
    $5,805,000
    Educational
    $5,350,000
    Residential Income
    $5,700,000
    Energy
    $5,405,000
    Income-Based Land
    $5,295,000
    Food Service
    $5,240,000

Location Insight

  • Map
  • Local Demand
City
Franklin
County
Milwaukee
State
Wisconsin
Longitude
-87.9502
Latitude
42.9264
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$85,501
$911,300
$4,003,400
$4,914,700
-
$0.00
$0.00
$5,058,300
More about this property
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