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2901 W Forest Hill Ave
Franklin, WI 53132
Land For Sale
·
2.47 AC
Investment Highlights
- 2.47-acre parcel with potential for multi-unit or mixed-use redevelopment (subject to city approvals).
- Existing improvements include a 2,131 SF residence with modernized kitchen updates and two full baths.
- Situated within the Oak Creek–Franklin School District and near regional employers.
- Convenient location near I-94, retail hubs, and schools in a strong housing demand corridor.
- Mature apple and peach trees, plus grapevines, enhance the site and create opportunities for outdoor amenities.
Executive Summary
Positioned in Franklin, one of Milwaukee County’s thriving suburban markets, this 2.47-acre property offers exceptional redevelopment potential. Currently improved with a 2,131 SF single-family structure, five bedrooms, and two baths, the parcel benefits from flexible city approval allowing the addition of a second home or a comprehensive redevelopment for rental housing options.
Located minutes from I-94, local retail centers, and major employment corridors, the site offers superb connectivity while maintaining privacy. Mature landscaping includes 30 apple trees, two peach trees, and mature grape vines—an amenity that opens the door to creative community gardens or market-forward green space. With demand for quality multifamily communities climbing across Southeast Wisconsin, this property delivers both scale and location to activate long-term asset value.
For developers and investors seeking a strong entry point into Franklin’s growth cycle, 2901 W Forest Hill Ave is a rare blend of acreage, access, and future versatility.
Located minutes from I-94, local retail centers, and major employment corridors, the site offers superb connectivity while maintaining privacy. Mature landscaping includes 30 apple trees, two peach trees, and mature grape vines—an amenity that opens the door to creative community gardens or market-forward green space. With demand for quality multifamily communities climbing across Southeast Wisconsin, this property delivers both scale and location to activate long-term asset value.
For developers and investors seeking a strong entry point into Franklin’s growth cycle, 2901 W Forest Hill Ave is a rare blend of acreage, access, and future versatility.
Property Facts Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.47 AC |
| Property Type | Land | ||
| Zoning | RES | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.47 AC |
| Zoning | RES |
1 Lot Available
Lot
| Price | $596,852 CAD | Lot Size | 2.47 AC |
| Price Per AC | $241,640.31 CAD |
| Price | $596,852 CAD |
| Price Per AC | $241,640.31 CAD |
| Lot Size | 2.47 AC |
2.47-acre property in Franklin with redevelopment potential for multifamily or mixed-use under city approval. Includes mature apple, peach trees, and grapevines, combining privacy, acreage, and proximity to I-94, retail, and schools.
Description
The property comprises 2.47 acres improved with a residential structure. It is located near I-94, with proximity to retail and employment nodes in Franklin, Milwaukee County. The site is serviced by municipal sewer and offers potential for redevelopment in accordance with zoning approvals.
Property Taxes
| Parcel Number | 832-9898-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $408,969 CAD |
Property Taxes
Parcel Number
832-9898-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$408,969 CAD
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