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Active
    • Price cut: $105K (10/28)
    $1,995,000

    11223 W LOOMIS ROAD, Franklin, WI 53132

    --beds
    --baths
    10.8Acres
    Unimproved Land
    Built in ----
    10.8 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime commercial corner
    PRIME COMMERCIAL CORNER - with one final potential TID district opportunity available in the rapidly growing City of Franklin. DON'T WAIT! This +/- 10-acre parcel is perfect for a future gas station, car wash, office building, strip mall, retail sales, grocery store or bank. Just minutes from The Rock Sports Complex, Ballpark Commons, Luxe Golf Baye, Franklin's Loomis Business Park and several new residential subdivisions. High visibility on Loomis Rd (Hwy 36) with +/-18,400 cars/day per DOT. B-G General Business District Zoning. Property can be subdivided into 4 commercial lots. Conveniently located near City amenities and I-94 freeway access between Milwaukee and Chicago.
    385 days
    40
    1

    Zillow last checked:

    Listing updated:

    Listed by:

    Carrie Lemke 262-352-9186,

    NextKey Realty Group, LLC

    Source: WIREX MLS,MLS#: 1939174MLS LogoOriginating MLS: Metro MLS

      Facts & features

      Property

      Features
      • Waterfront features: Creek
      Lot
      • Size: 10.8 Acres
      • Dimensions: 1289 x 781
      • Features: Level, Raw Land, Rough Grade
      Details
      • Parcel number: 8899992000
      • Zoning: B-G

      Utilities & green energy

      • Sewer: Sewer Laterals to Lot, Public Sewer
      • Water: Public, Municipal Water Required
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

      Community & HOA

      Location
      • Region: Franklin
      • Municipality: Franklin

      Financial & listing details

      • Tax assessed value: $267,800
      • Annual tax amount: $4,036
      • Date on market: 10/14/2025
      • Listing terms: Sell in Entirety,Will Divide
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/28/2026Price change$1,995,000-5%
        Source: WIREX MLS #1939174 Report a problem
        8/29/2026Price change$2,100,000-8.7%
        Source: WIREX MLS #1939174 Report a problem
        4/24/2026Listed for sale$2,300,000-8%
        Source: WIREX MLS #1939174 Report a problem
        10/14/2025Price change$2,500,000+47.5%
        Source: WIREX MLS #1939174 Report a problem
        7/23/2025Listed for sale$1,695,000
        Source: WIREX MLS #1863867 Report a problem
        6/2/2025Contingent$1,695,000
        Source: WIREX MLS #1863867 Report a problem
        4/18/2025Price change$1,695,000-5.6%
        Source: WIREX MLS #1863867 Report a problem
        11/9/2024Price change$1,795,000-10%
        Source: WIREX MLS #1863867 Report a problem
        6/13/2024Price change$1,995,000-13.1%
        Source: WIREX MLS #1863867 Report a problem
        2/7/2024Listed for sale$2,295,000-8%
        Source: WIREX MLS #1863867 Report a problem
        6/22/2023Listed for sale$2,495,000
        Source: WIREX MLS #1727504 Report a problem
        6/16/2023Contingent$2,495,000
        Source: WIREX MLS #1727504 Report a problem
        3/1/2023Listed for sale$2,495,000-7.4%
        Source: WIREX MLS #1727504 Report a problem
        3/17/2022Listed for sale$2,695,000-10.2%
        Source: WIREX MLS #1727504 Report a problem
        2/18/2021Listed for sale$3,000,000+100%
        Source: WIREX MLS #1727504 Report a problem
        1/1/2020Listing removed$1,500,000
        Source: Lemke Realty, LLC #1620389 Report a problem
        4/30/2018Listed for sale$1,500,000+328.6%
        Source: Lemke Realty, LLC #1500451 Report a problem
        9/9/2009Sold$350,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,147 +2.8%--
        2024$4,036 +182.9%$248,700 +1843%
        2023$1,427 $12,800 +1322.2%
        2022-- $900 -98.8%
        2021$1,684 $74,100
        2020$1,684 -5.6%$74,100 +0.1%
        2019$1,783 -1.4%$74,000
        2018$1,809 -3.6%$74,000
        2017$1,877 $74,000 +8%
        2015-- $68,500
        2013-- $68,500 -18.9%
        2012-- $84,500 -0.1%
        2010$1,867 $84,600
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 53132

        Getting around

        8 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Robinwood
        • Middle: Forest Park
        • High: Franklin
        • District: Franklin Public

        Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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