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.
Closed
$300,000
5500 West SILVER SPRING DRIVE, Milwaukee, WI 53218
--beds
--baths
2.11Acres
Unimproved Land
Built in ----
2.11 Acres Lot
$-- Zestimate®
$--/sqft
$1,204 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,204/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: January 23, 2025 at 06:25am
Listed by:
Andrew Pitts,
Pitts Brothers & Associates, LLC
Bought with:
Andrew Pitts
Source: WIREX MLS,MLS#: 1897553
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Property
Lot
- Size: 2.11 Acres
- Features: Level, Sidewalks
Details
- Additional structures: Other, Abandoned
- Additional parcels included: 1730311000
- Parcel number: 1730351000
- Zoning: PD & RS5
- Special conditions: Arms Length
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Municipal Water Required
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Community & neighborhood
Location
- Region: Milwaukee
- Municipality: Milwaukee
Other
Other facts
- Listing terms: Sell in Entirety
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2025 | Sold | $300,000-45.5% |
Source:  WIREX MLS #1897553 Report a problem | ||
| 12/10/2024 | Pending sale | $550,000 |
Source: WIREX MLS #1897553 Report a problem | ||
| 10/27/2024 | Listed for sale | $550,000+175% |
Source: WIREX MLS #1897553 Report a problem | ||
| 2/7/2019 | Sold | $200,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $4,093 -14.4% | $171,900 |
| 2021 | $4,784 | $171,900 |
| 2020 | $4,784 | $171,900 |
Find assessor info on the county website
Neighborhood: Havenwoods
Nearby schools
GreatSchools rating
- 2/10Kluge ElementaryGrades: PK-5Distance: 0.6 mi
- 6/10Craig Montessori SchoolGrades: PK-8Distance: 2.1 mi
- 2/10James Madison Academic CampusGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: Milwaukee
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Wisconsin
- Milwaukee County
- Milwaukee
- 53218
- Havenwoods
- 5500 West SILVER SPRING DRIVE