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    FOR SALE
    Commercial real estate

    11217 W Forest Home Ave, Franklin, WI 53132

    16,880 SF 3.76 ac lot Built 1988
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US92-3297393
    Property summary
    AI-generated overview

    This exceptional 16,880 square foot office and industrial property, located at 11217 W Forest Home Ave in Franklin, Wisconsin, presents a unique leasing opportunity. Built in 1988 and extensively renovated in 2020, the building offers a blend of modern amenities and classic functionality. The property boasts a flexible layout, accommodating multiple tenants with spaces ranging from 2,000 to 8,000 contiguous square feet, with a total of 14,000 square feet currently vacant. Ideal for businesses seeking executive office space or flexible industrial use, the building features two dock-high doors and one drive-in door, ensuring efficient loading and unloading. Ample parking is provided with 90 spaces available. Situated on a generous 3.76-acre lot, the property is zoned M-1, offering versatility for a range of commercial uses. The property's prime location in Franklin, Wisconsin, offers easy access to major transportation routes and amenities. This meticulously maintained building provides a comfortable and productive work environment, enhanced by its recent renovations. The property's Milwaukee County location, with a 53132 zip code, offers a strategic advantage for businesses seeking a thriving commercial hub. Contact us today to explore the possibilities of this versatile and well-appointed property. APN: 7489961001

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1988
    Total area 16,880 SF
    Lot 3.76 ac (163,637 SF)
    APN 748-9961-001
    UPID US92-3297393
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Apt 3 Properties LLC · 2 yrs held
    Apt 3 Properties LLC
    since 2024
    Last sale
    $375,000
    7 recorded transactions
    2026
    2024
    $375,000
    2021
    $1.7M
    2016
    $1.3M
    2004
    $1.1M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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