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$400,000
Rare opportunity to own +/- 4.6 acres in one of Franklin's most desirable locations! Surrounded by established homes, this property offers privacy and natural beauty, while being close to local amenities like Tuckaway Country Club, shopping, and I-94. Whether you're seeking a long-term investment, recreational property, or exploring future development possibilities, opportunities like this are becoming increasingly difficult to find. Survey on file identifies possible wetlands, environmental corridor areas, and portions of the property located within the 100-year floodplain. Buyers are encouraged to consult with the City of Franklin, Milwaukee County, DNR, and applicable professionals regarding intended use, development potential, and permitting requirements.

Lt0 W Drexel Ave, Franklin

Listing courtesy of Keller Williams-MNS Wauwatosa.

$699,000
Discover an incredible opportunity to own 6.46 wooded acres in the desirable Franklin Plaza Subdivision. Unique parcel offers a peaceful, natural setting with mature trees & some wetland areas. Perfect for those who appreciate privacy & nature. Conveniently located near popular restaurants, shopping, & local bars, it's the ideal spot to enjoy both tranquility & easy access to amenities. With an entrance from Terrace Drive, this land provides a rare chance to design & custom build the property you've always envisioned. Franklin is a family-first community known for its safety, top-rated schools, & welcoming neighborhoods. Enjoy nearly 4,000 acres of parks, beautiful gardens, golf courses, & miles of scenic trails. Great for outdoor living all year long. It's a wonderful place to call home!

Lt7 W Terrace Dr, Franklin

Listing courtesy of Shorewest Realtors - South Metro.

$375,000
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.

3140 W Drexel Ave, Franklin

Listing courtesy of Shorewest Realtors - South Metro.

$1,200,000
4.12 ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY near the intersection of Hwy 100 and Hwy 36 in the growing City of Franklin with +/- 14,300 cars/day per DOT. Property includes 645 ft of frontage along Hwy 36. Nestled between Walgreens and All Good Auto and just minutes from The Rock Sports Complex, Ballpark Commons, Luxe Golf Bays, two business parks, several new residential subdivisions and many City amenities. Just a short commute to I-94 with access to Milwaukee and Chicago. Zoned B-R in the Community Business District offers many possibilities for this up and coming location. Two existing non-conforming homes, currently rented will need to be razed by future Developer. Homes can ONLY be viewed with an Accepted Offer. No trespassing please!

10115 W Loomis Rd, Franklin

Listing courtesy of NextKey Realty Group, LLC.

Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.