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$250,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for W140N5683 Lilly Rd
General
- Price: $250,000
- Taxes: $2,403 (2025)
- Status: Active
- Type: Lots/Land
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1969164
- Updated: Today (6/26/2026)
- Added to Site: Today
Location
- Municipality: Village
- County: Waukesha
- Driving Directions: Lilly Road , North of Silver Spring on the west side.
- Location Details: Suburban
School Information
- School District: Menomonee Falls
- Middle School: North
- High School: Menomonee Falls
Utilities
- Water/Sewer: Water Lateral to Lot, Water Municipal, Sewer, Sewer Lateral to Lot, Water Lateral to Lot, Water Municipal
- Onsite: Cable Available, Electricity Available, High Speed Internet Available, Natural Gas Available, Phone Available, Underground Electric
Structural Information
- Existing Structures: None
Lot Features
- Lot Size (Acres): 5
- Frontage: High Visibility, Town/City Road
- Topography: Level
- Lot Features: Other
- Development Status: Raw Land
- Potential Use: Residential
- Zoning: Industrial, Industry/Commerce
Financial Considerations
- Tax Amount: $2,403.67
- Tax Year: 2025
Listed by Realty of America LLC
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Schools
Schools serving W140N5683 Lilly Rd
School District:Menomonee Falls School District
| Name | Grades | Distance |
|---|---|---|
Benjamin Franklin Elementary And Early Learning Ce N81W14701 Franklin Dr, Menomonee Falls, WI 53051 | PK-2 | 3.1 mi |
Riverside Elementary School, Menomonee Falls, WI W153N8681 Margaret Rd, Menomonee Falls, WI 53051 | 3-5 | 3.8 mi |
North Middle School N88 W16801 Main St, Menomonee Falls, WI 53051 | 6-8 | 4.2 mi |
Menomonee Falls High School N80 W14350 Titan Dr, Menomonee Falls, WI 53051 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for W140N5683 Lilly Rd
Date
Details
Price
Change
Source
6/26/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for W140N5683 Lilly Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,404
3%
$194,000
—
2024
$2,345
-4%
$194,000
-8%
2023
$2,450
15%
$209,900
80%
2022
$2,122
4%
$116,700
—
2021
$2,050
-4%
$116,700
—
2020
$2,132
10%
$116,700
—
2019
$1,937
-3%
$116,700
—
2018
$1,992
-27%
$116,700
—
2017
$2,728
41%
$116,700
—
2016
$1,928
-1%
$116,700
—
2015
$1,948
—
$116,700
—
2014
$1,947
-12%
$116,700
—
2013
$2,218
—
$116,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for W140N5683 Lilly Rd
W140N5683 Lilly Rd, Menomonee Falls, WI 53051 (MLS# 1969164) is a Lots/Land property with a lot size of 5.00 acres. W140N5683 Lilly Rd is currently listed for $250,000 and was received on June 26, 2026. Want to learn more about W140N5683 Lilly Rd? Do you have questions about finding other Lots/Land real estate for sale in Menomonee Falls? You can browse all Menomonee Falls real estate or contact a Coldwell Banker agent to request more information.

