Listing provided courtesy of Shorewest Realtors - South MetroMetro MLS- MLS# 1933286
Contact Information: [email protected]
Contact Information: [email protected]Images
Request Info- 4.78 Acres
- Drexel Ave & 31st St
- 31st St
- Drexel Ave
- Level Lot
- Near S 27th St
- West Facing
- Zoned B-MU
- Build Your Home or Business
- Zoned for SF or High Density
- Residential or Commercial
- Mixed Use Zoning Approved
- Near North Western Mutual
- Some Wetlands on Southern-Most
- Off 31st St
- Off 31st St
- Image Your Ideas Here
3140 W Drexel AveFranklin, WI 53132
Vacant Land · 4.78 Acres$375,000
Active
3140 W Drexel Ave Overview
- Time on Site:
- 1518 days
- Visits:
- 23
Outstanding 4.78 acre development opportunity in the thriving City of Franklin! This two-parcel property provides dual access from S 31st Street and high-traffic W Drexel Avenue, offering both convenient entry and maximum visibility. Zoned B-MU (Business Mixed-Use), the land allows exceptional flexibility for projects such as single family homes, multifamily apartments, larger condominium communities, medical or professional office space, retail centers, or a dynamic mixed-use development similar to Drexel Town Square. With utilities already at the street, the site reduces upfront costs and streamlines development. Positioned in a high-growth corridor, this property offers investors and developers strong returns and long-term value. Previously listed as 7775 S 31st St.
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3140 W Drexel Ave Facts & Features
- Type Vacant Land
- Lot 4.78 Acres
Details
General
School Information
- School District: Oak Creek-Franklin Joint
- High School: Oak Creek
Listing Information
- Concessions: Yes
Business Information
- Current Use: Residential
Location/Region
- County Or Parish: Milwaukee
- Postal City: Franklin
Tax Information
- Tax Annual Amount: 4262
- Tax Year: 2024
General Information
- Parcel Number: 7869991000
- Property Sub Type: Vacant Land
- Property Type: Land
- Zoning: B-MU
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
- Building Features: Existing Curb/Gutter,Near Public Transit
Exterior
Lot Information
- Additional Parcels Description: 7869994001
- Lot Size Acres: 4.78
- Lot Size Area: 4.78
- Lot Size Source: Public Records
- Lot Size Square Feet: 208216.8
- Lot Size Units: Acres
General Information
- Other Structures: None
- Road Frontage Type: Town/City Road,Paved Road,Service-City/Village
- Sewer: Public Sewer
- Utilities: High Speed Internet Available,Cable Available,Phone Available,Natural Gas Available,Electricity Available
3140 W Drexel Ave Neighborhood
Community
53132 (FRANKLIN) Demographics
43
Median Age
1,021
Population Density (per sq. mile)
49%
College Educated
$82,125
Estimated Median Income
10,609
Estimated Total Home Owners
2,905
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3140 W Drexel Ave Monthly Cost
3140 W Drexel Ave Market Data
Based on the last 30 days in this zip code
$565,676
Average List Price
$242
Average Price per Square Foot
50
Properties Sold
36
Average Days on Market
83
Properties for Sale
3140 W Drexel Ave History
| Date | Value | Agent |
|---|---|---|
| 9/9/2025Source: Metro MLS | ACTIVE |
|
| 9/2/2025Source: Metro MLS | September 02, 2025 |
|
| 7/28/2025Source: Metro MLS | May 04, 2022 |
|
| 7/28/2025Source: Metro MLS | Active - With Offer |