5450 W Rawson Ave, Franklin, WI 53132 Property Records

Milwaukee County property record for 5450 W Rawson Ave, Franklin, WI 53132

Property Summary

Property TypeCommercial
Lot Size6.17 acres (269,088 sqft)
OwnerCompany Name on File
Last Sale$4,000,000 (Feb 2025)
Tax Bill$16,978 (2023)
Deeds & MortgagesMay 2023 Sale & Construction Loan
May 2023 Sale & Construction Loan
Flood ZoneZone X (minimal risk)
APN741-9996-001

Property Details

APN / Parcel Number

Primary APN741-9996-001
Alternative APN
  • 057419996001

Exterior

Lot Area269,088 sqft (6.17 acres)

Location & Zoning

Street Address5450 W RAWSON AVE
CityFRANKLIN
StateWI
Zip53132-8206
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionCERTIFIED SURVEY MAP NO 8120 SW 2 5 21 LOT 1
Legal SubdivisionCERT SURV MAP 8120
Legal Lot Number1
JurisdictionMILWAUKEE WI

Owner

5450 W Rawson Ave, a commercial property, is owned by a company that bought it in February 2025.

Source: Milwaukee County records, as of October 13, 2026

Owner of RecordCompany Name on File
Mailing Address450 S ORANGE AVE, 900, ORLANDO, FL 32801-3339
Owner TypeCompany
VestingLimited Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
May 22, 2023Warranty Deed, Transfer · Construction Mortgage
CNB BANK & TRUST NA
May 22, 2023Warranty Deed, Construction Loan · Construction Mortgage
CNB BANK & TRUST NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 18, 2025 · Amount on File
Deed SaleFeb 18, 2025 · Amount on File
Prior SaleMay 22, 2023 · Amount on File
Deed Document Number202511485554
Record UpdatedOct 29, 2026

May 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMILWAUKEE WI
Recording DateMay 22, 2023
Property Address5450 W RAWSON AVE, FRANKLIN, WI 53132-8206
Document Number0011338848
Map ReferenceDOC 11336892
Instrument DateMay 19, 2023
Instrument11338848
Transaction TypeTransfer
Record UpdatedJun 2, 2023
Title CompanyKNIGHT BARRY TITLE INC

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,250.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address380 N OLD WOODWARD AVE STE 205, 205, BIRMINGHAM, MI 48009-5314

Mortgage

Document Number0011338854
DateMay 22, 2023
Instrument11338854
Lender
NameCNB BANK & TRUST NA
TypeBank
AddressTINLEY PARK, IL 60487
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

May 2023: Warranty Deed, Construction Loan

Document TypeWarranty Deed
JurisdictionMILWAUKEE WI
Recording DateMay 22, 2023
Property Address5450 W RAWSON AVE, FRANKLIN, WI 53132-8206
Document Number0011338851
Map ReferenceDOC11336892 MAP9488
Instrument DateMay 19, 2023
Instrument11338851
Transaction TypeConstruction Loan
Record UpdatedJun 2, 2023
Title CompanyKNIGHT BARRY TITLE, KNIGHT BARRY TITLE INC

Transaction

AmountAmount on Record
Tax$1,050.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Partial Interest
  • Partial Parcel

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3209 YORK RD, OAK BROOK, IL 60523-2312

Mortgage

Document Number0011338852
DateMay 22, 2023
Instrument11338852
Lender
NameCNB BANK & TRUST NA
TypeBank
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Milwaukee County assessment roll, as of September 3, 2026

Property Jurisdictions

TypeName
StateWisconsin
CountyMilwaukee County
MunicipalityFranklin City
Unified School DistrictFranklin Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$16,978.00 (-8.21%)$1,080,300
2022$18,497.00$1,049,600 Land $1,049,600

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 5450 W Rawson Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 26, 2024

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 5450 W Rawson Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 96% of the US · lower than 90% of Wisconsin
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemFRANKLIN WATER UTILITY
serves 22,500 people · EPA ID WI2410563
Water SourcePurchased surface water from OAK CREEK WATERWORKS
Last State InspectionOct 2023
Lead3 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 31 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000

May also be available: T-Mobile, Verizon.

Nearby Properties on W Rawson Ave

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