Check Availability
Franklin 53132
11223 W Loomis Rd
$2,295,000
Land - For Sale

11223 W Loomis Rd

Franklin, WI 53132
bedrooms
Studio
bathrooms
0 Bath
$11,388
Estimated Monthly
$0
HOA / Fees
0.37%
Cap Rate

About This Property

PRIME 9.94 ACRE COMMERCIAL CORNER LOT for future development in rapidly growing City of Franklin! Just minutes from The Rock Sports Complex, Ballpark Commons and Franklin's newest Loomis Business Park, including several new residential subdivisions. High visibility on Loomis Rd (Hwy 36) with 18,400 cars/day per DOT. Conveniently located near shopping, restaurants and I-94 freeway access.
Unit Size
-
Days on Market
89 days
Land Size
9.94 acres
Price per sqft
-
Property Type
Land
Property Taxes
$119
HOA Dues
-
Year Built
-
Listed By
Last updated: 3 months ago (METROMLSWI #1863867)

Price History

Date / Event Date Event Price
Feb 8, 2024 No longer available -
No longer available
Feb 6, 2024 Listed by NextKey Realty Group $2,295,000
Listed by NextKey Realty Group
Mar 2, 2023 Price Decreased $2,495,000
↓ $200K (7.4%)
Price Decreased
Feb 19, 2023 Relisted $2,695,000
Relisted
Feb 17, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 432,986
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 9.94
  • Legal Description 1: THAT PART OF W HALF OF SE 19 5 21 LYIN SELY OF CL OF W

Ownership

  • Current Owner : LEMKE JOHN G
  • Previous Owner : MARAK DONALD R

Neighborhood

  • School District Name: Franklin Public School District
  • School Tax School District: 1900
  • School Tax District Code 2: 5020
  • Census Tract: 150301

Geography

  • Parcel: 889-9992-000
  • Meridian: SEC 19 TWN 05N RNG 21E
  • Municipality: FRANKLIN
  • Latitude: 42.8736
  • Longitude: -88.0557

    Address

  • Full Address: 11223 W Loomis Rd
  • Address - House Number: 11223
  • Street Direction: W
  • Address - Street Name: Loomis
  • Address - Suffix Type: Rd
  • State: WI
  • City Name: Franklin
  • Carrier Code: R019
  • 4-Digit Zip Code: 9685
  • Zip Code: 53132

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,549
  • Tax Rate Code Area: 88

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2022
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $104,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,200
  • Assessed Land Value: $88,200

    Sales

  • Current Sale Contract Date: Aug 26, 2009
  • Current Sale Recording Date: Sep 09, 2009
  • Current Sale Transaction ID: 1159883147
  • Current Sale Price: $350,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 09790301

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE BANK SSB
  • First Mortgage Transaction Date: Sep 09, 2009
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin


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Frequently Asked Questions

When was property at 11223 West Loomis Road built and last sold?
The property at 11223 West Loomis Road was built in and last sold on Aug 26, 2009 for $350,000.
How much is this home worth?
The estimated value of the home located at 11223 West Loomis Road is $2,317,950.
What are some comparable homes to 11223 West Loomis Road?
There are currently no comparable homes to 11223 West Loomis Road.

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