This home's estimate is 4.6% lower than the average sale price ($402K) of 6 comparable homes.
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W140N5683 Lilly Rd, Menomonee Falls, WI 53051
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About this home
Public Remarks: Industrial development opportunity in Menomonee Falls with convenient access to I-41. This approximately 5-acre property is zoned Light Industrial and located within the Village's Tax Incremental District (TID). Approximately 2.5 acres are considered developable, with the balance impacted by Floodway (FW) designation. Buyers should conduct their own due diligence regarding zoning, site planning, and development requirements. Property includes a tenant-occupied, legal non-conforming 1-bedroom, 1-bath single-family residence being sold as-is. Ideal for industrial users, developers, investors, contractors, storage facilities, and service-related businesses.
Redfin Estimate
Market trends in 53051, WI
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- $400,0003 beds1.5 baths1,452 sq ftW192N5046 One Mile Rd, Menomonee Falls, WI 53051Kevin Rigg • Abundance Real Estate
- $225,0002 beds1.5 baths1,421 sq ftN76W14539 Northpoint Ct, Menomonee Falls, WI 53051The Arntzen Group* • The Wisconsin Real Estate Group
- NEW 28 HRS AGO$449,0002 beds2.5 baths1,600 sq ftN80W13596 River Park Dr, Menomonee Falls, WI 53051Roger Mater • RE/MAX Lakeside-West
- NEW 31 HRS AGO$719,9003 beds2.5 baths2,472 sq ftW174N7452 Wilson Dr, Menomonee Falls, WI 53051Monica Foster • Lannon Stone Realty LLC
- OPEN TODAY, 4PM TO 6PM$1,699,9005 beds4.5 baths6,412 sq ftN57W19691 Holly Ct, Menomonee Falls, WI 53051Melissa Buttrum • HomeWire Realty
- $287,0002 beds2 baths1,665 sq ftN85W15700 Ridge Rd #307, Menomonee Falls, WI 53051Tina Conley • Keller Williams Realty-Milwaukee Southwest
- OPEN SAT, 10:30AM TO 12:30PM$399,9003 beds2 baths1,540 sq ftW161N9057 Hayes Ave, Menomonee Falls, WI 53051Dawn Wabiszewski • Wabi Realty LLC
- $189,9001 bed1 bath1,050 sq ftN85W15700 Ridge Rd #205, Menomonee Falls, WI 53051Alex Derenne • Real Broker Milwaukee
- $399,9003 beds1.5 baths2,086 sq ftN86W14553 Macarthur Dr, Menomonee Falls, WI 53051Daniel Braden • First Weber Inc - Menomonee Falls
- OPEN SAT, 11:30AM TO 1PM$870,0004 beds3.5 baths3,364 sq ftW192N5690 Spencers Pass, Menomonee Falls, WI 53051Traci Lukic • Real Broker Milwaukee
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Sale and tax history for W140N5683 Lilly Rd
- Sale History
- Tax History
Public record
Property details
Exterior
- Property Information
- Vacant Land
- Land Information
- Acreage: Over 2 Acres to 5 Acres
- Lot Information
- Lot Acreage: 5
- Lot Description: Level, Raw Land
- Zoning: Industrial
Financial
- Tax Information
- Total Taxes: $2,403.67
- Tax Year: 2025
Utilities
- Utility Information
- Municipal Sewer, Sewer Laterals to Lot, Water Laterals to Lot, Municipal Water, Municipal Water Required
- Cable, Electricity, Natural Gas, Telephone, Underground Electric
Location
- Neighborhood Information
- Municipality: MENOMONEE FALLS
- Municipality Type: Village
- School Information
- School District: Menomonee Falls
- Middle School: North
- High School: Menomonee Falls
Public facts
- Beds: 1
- Baths: 1.0
- Sq. Ft.: 1,008
- Stories: 1.0
- Lot Size: 5 acres
- Style: Other
- Year Built: 1900
- Year Renovated: —
- County: Waukesha County
- APN: MNFV0104993
Other
- Listing Information
- Inclusions: None
- Exclusions: Tenant's personal property.
Around this home
Schools
Public PreK-2 • Assigned • 3.1mi
Public 6-8 • Assigned • 4.2mi
Public 9-12 • Assigned • 3.0mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 101° expected this year, 13 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 10 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 53051
Home values near W140N5683 Lilly Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 1.5 Baths | 1491 Sq. Ft. | $416,323 |
3 Beds | 1.5 Baths | 1278 Sq. Ft. | $367,324 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1950 Sq. Ft. | $434,248 |
3 Beds | 1.5 Baths | 1297 Sq. Ft. | $420,867 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1485 Sq. Ft. | $343,530 |
- Beds | - Baths | - Sq. Ft. | — |
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