5500 W SILVER SPRING DRIVE Pending

Milwaukee,WI 53218

$ 550000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 1897553

Annual Tax Amount $4,078

Tax Year 2023

Lot Size 2.110 Acres

Acres 2.11

Property Description

Redevelopment site assemblage containing two (2) separate and legally distinct parcels of land totaling 2.106 acres or 91,750 square feet of land area. Sites are identified as tax key parcel numbers 173-0351-000 and 173-0311-000. Site is currently improved with an old commercial farmstand building, built in 1949, with additional greenhouses. Site assemblage is located within a designated opportunity zone and New Markets Tax Credit (NMTC) Tract currently zoned PD Planned Development and RS-5 Residential. High daily traffic along W. Silver Spring Drive. Potential opportunity for a multi-unit residential development or commercial development.

Location

State WI

County Milwaukee

Zoning PD & RS5

Exterior

Utilities Available Cable,Electricity,High Speed Internet Available,Natural Gas,Telephone

Building

Lot Description Level,Sidewalks

Sewer Municipal Sewer,Municipal Water,Municipal Water Required

New Construction N

Schools

School District Milwaukee

Others

Acceptable Financing Sell in Entirety

Listing Terms Sell in Entirety

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