Industrial development opportunity in Menomonee Falls with convenient access to I-41. This approximately 5-acre property is zoned Light Industrial and located within the Village's Tax Incremental District (TID). Approximately 2.5 acres are considered developable, with the balance impacted by Floodway (FW) designation. Buyers should conduct their own due diligence regarding zoning, site planning, and development requirements. Property includes a tenant-occupied, legal non-conforming 1-bedroom, 1-bath single-family residence being sold as-is. Ideal for industrial users, developers, investors, contractors, storage facilities, and service-related businesses.
Contingent
$250,000
W140N5683 LILLY ROAD, Menomonee Falls, WI 53051
--beds
--baths
5Acres
Unimproved Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 23 days |
- 339 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Keooudone Munesy 414-368-7023,
Realty of America LLC
Source: WIREX MLS,MLS#: 1969164
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Property
Lot
- Size: 5 Acres
- Features: Level, Raw Land
Details
- Parcel number: MNFV0104993
- Zoning: Industrial
Utilities & green energy
- Electric: Underground
- Sewer: Public Sewer, Sewer Laterals to Lot
- Water: Water Laterals to Lot, Public, Municipal Water Required
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Community & HOA
Location
- Region: Menomonee Falls
- Municipality: Menomonee Falls
Financial & listing details
- Tax assessed value: $205,800
- Annual tax amount: $2,403
- Date on market: 6/26/2026
- Listing terms: Sell in Entirety
- Inclusions: None
- Exclusions: Tenant's Personal Property.
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,087/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Contingent | $250,000 |
Source:  WIREX MLS #1969164 Report a problem | ||
| 6/26/2026 | Listed for sale | $250,000-47.4% |
Source: WIREX MLS #1969164 Report a problem | ||
| 10/2/2019 | Listing removed | $475,000 |
Source: First Weber Inc - Menomonee Falls #1611922 Report a problem | ||
| 10/25/2018 | Listed for sale | $475,000 |
Source: First Weber Inc - Menomonee Falls #1611922 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,171 -4.8% | $194,000 -7.6% |
| 2023 | $2,281 +22.5% | $209,900 +79.9% |
| 2022 | $1,862 +4.2% | $116,700 |
| 2021 | $1,787 -3.6% | $116,700 |
| 2020 | $1,854 +4% | $116,700 |
| 2019 | $1,782 -18.7% | $116,700 |
| 2018 | $2,192 -2.1% | $116,700 |
| 2017 | $2,239 +15% | $116,700 |
| 2015 | $1,948 -6.7% | $116,700 |
| 2014 | $2,088 | $116,700 |
| 2013 | $2,088 | $116,700 |
| 2012 | $2,088 -1.1% | $116,700 |
| 2011 | $2,111 | $116,700 |
| 2010 | $2,111 | $116,700 -19.4% |
| 2009 | -- | $144,700 |
| 2008 | -- | $144,700 |
| 2006 | -- | $144,700 |
| 2005 | -- | $144,700 +80.6% |
| 2004 | -- | $80,100 |
| 2003 | -- | $80,100 |
| 2002 | -- | $80,100 +43.3% |
| 2001 | -- | $55,900 |
| 2000 | -- | $55,900 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 53051
Nearby schools
GreatSchools rating
- NABenjamin Franklin Elementary And Early Learning CeGrades: PK-2Distance: 3.1 mi
- 6/10North Middle SchoolGrades: 6-8Distance: 4.2 mi
- 9/10Menomonee Falls High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Middle: North
- High: Menomonee Falls
- District: Menomonee Falls
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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