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.
Property Details
Property Features
Listing Office:
Office Name: Pitts Brothers & Associates, LLC
Office Phone: (262) 654-4900
Listing Agent: Andrew Pitts
Lot Features
Lot Information:
Lot Size: 2.11 Acres
Other
Directions Information:
Directions: The property is located along the north side of W. Silver Spring Drive, just east of N. 57th Street.
Municipality:
Milwaukee
Price Information
Listing Price Info
Price Summary:
List Price: $550,000
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Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Browning Elementary School
5440 N 64th St
Distance between this listing and this school0.50 miles
Public District Grades PK-5
2
/10
Kluge Elementary School
5760 N 67th St
Distance between this listing and this school0.68 miles
Public District Grades PK-5
5
/10
Hampton Elementary School
5000 N 53rd St
Distance between this listing and this school0.74 miles
Public District Grades PK-5
Nearby Schools
5
/10
Milwaukee Scholars Charter School
7000 W Florist Ave
Distance between this listing and this school1.06 miles
Public Charter Grades PK-8
1
/10
Lancaster Elementary School
4931 N 68th St
Distance between this listing and this school1.14 miles
Public District Grades PK-8
4
/10
Thurston Woods Elementary School
5966 N 35th St
Distance between this listing and this school1.37 miles
Public District Grades PK-8
Nearby Schools
1
/10
Obama School of Career and Technical Education
5075 N Sherman Blvd
Distance between this listing and this school0.95 miles
Public District Grades PK-12
3
/10
Carmen Mid/Hi Northwest Campus
5496 N 72nd St
Distance between this listing and this school1.00 miles
Public Charter Grades 6-12
1
/10
Green Tree Preparatory Academy
6850 N 53rd St
Distance between this listing and this school1.58 miles
The neighbors living near this home have an average income of $40,132. The majority of Milwaukee, WI residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5500 W Silver Spring Dr
What is the listing price of this property?
The listing price of 5500 W Silver Spring Dr property is $550,000.
What type of property is this?
The property 5500 W Silver Spring Dr is land located in Milwaukee, Wisconsin, 53218.
Is this property for sale now?
Active Listing: 5500 W Silver Spring Dr is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 5500 W Silver Spring Dr is 2.11 acres.
Interested in 5500 W Silver Spring Dr? Let's connect.
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This home is located at 5500 W Silver Spring Dr in Milwaukee, WI and zip code 53218 in the Northwest neighborhood. This home sits on a 2.11 acre lot. It has been listed on Rocket Homes since October 27, 2024 and is currently priced at $550,000.
In October 2024, from all listings sold in Milwaukee, WI there were more than 241 sold above asking price, over 170 sold below and more than 69 were sold right at the asked price. The number of listings in Milwaukee, WI increased by 11.5% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.
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