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    Lakeville, MN

    Lakeville, MN Commercial Real Estate for Sale

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    Lakeville Retail Space For Sale
    Updated: Sep 20, 2024
    Lakeville Retail Space For Sale

    17625 Kenrick Ave, Lakeville, MN 55044

    $3,400,000
    20,567 sqft · 2.35 AC lot
    100% Occupied by a national credit tenant (Salvation Army)
    Attractive 7% Cap Rate based on in‑place NOI of $237,740.50
    Long‑term lease in place from 9/1/2024 to 8/31/2034
    Signage visible from I‑35
    Large 20,567 SF building on 2.35 acres in growing Lakeville community
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    This listing looks promising.

    Here's a quick look at some key insights for

    17625 Kenrick Ave, Lakeville, MN

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $217K
      Annual

    • Mortgage

      $2.05M
      Mar 2021

    • Last Sold

      Sep 2012
      $3.8M

    • Property Type

      Retail Stores
      Built 2011
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    Land with Two Ponds
    Updated: May 5
    Land with Two Ponds

    Judicial Road, Lakeville, MN 55044

    $850,000
    13.54 AC lot
    1972 home on rolling property with mixed tree cover, large open spaces, and 2 ponds
    Lakeville ISD 194; convenient access to Interstate 35 and nearby amenities
    Large 54'7" x 47'4" shop/hanger with natural gas heat, wall unit AC, concrete floor, parts/paint room, auto lift, and plumbed air lines with compressor
    Two‑car detached garage sized 25'5" x 29'4"
    1‑stall horse barn plus yard shed that could be repurposed for a chicken coop (verify local restrictions)
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    New Storage Condos at Fieldstone
    New Storage Condos at Fieldstone

    24947 Larson Ln, Lakeville, MN

    $294,000
    13,720 sqft · 10.51 AC lot

    Flexible-use storage condos in Field Stone Industrial Park.

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    1.83 Acre Commercial Land Lot
    1.83 Acre Commercial Land Lot

    Keokuk Ave & 210 St W, Lakeville, MN

    $1,120,000
    1.83 AC lot

    Platted 1.83 acre commercial land lot in Lakeville, MN.

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    Lakeville Land For Sale
    Lakeville Land For Sale

    20830 Keokuk Avenue, Lakeville, MN 55044

    $1,120,000

    Land with frontage on Keokuk Avenue, east of Interstate 35.

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    FlexSpace Storage Units For Sale
    FlexSpace Storage Units For Sale

    222nd St W, Lakeville, MN

    $195,000
    1,125 sqft · 20.02 AC lot

    FlexSpace storage units suitable for various uses, coming in 2026.

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    Lakeville Commercial Land Parcel
    Lakeville Commercial Land Parcel

    199XX Idealic Ave, Lakeville, MN 55044

    $440,000
    1.18 AC lot

    1.18 acre commercial land in a growing area.

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    Lakeville Land for Development
    Lakeville Land for Development

    175th St W & Glacier Way, Lakeville, MN

    $850,000
    2.19 AC lot

    2.19-acre site in Lakeville, MN, available for development.

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    Class-A Dental Clinic with Expansion
    Class-A Dental Clinic with Expansion

    18389 Orchard Trail, Lakeville, MN 55044

    $4,500,000
    5,256 sqft

    New dental clinic with expansion potential in Lakeville, MN.

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    Commercial Lots in Front of Hy-Vee
    Commercial Lots in Front of Hy-Vee

    SE 160th St W, Lakeville, MN 55124

    Contact for pricing

    Graded commercial lots with utilities and shared ponding available.

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    Land in Lakeville, Minnesota
    Land in Lakeville, Minnesota

    22230 Lyndale Avenue, Lakeville, MN 55044

    Contact for pricing

    Land suitable for industrial park or corporate campus development.

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    Lakeville Commercial Land I-35 Frontage
    Lakeville Commercial Land I-35 Frontage

    I-35 & CR 70, Lakeville, MN

    $12,015,255
    18.35 AC lot

    Shovel-ready commercial land divisible into four lots near I-35.

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    Lakeville Flex/Industrial Property For Sale
    Lakeville Flex/Industrial Property For Sale

    11356 215th St W, Lakeville, MN 55044

    $6,500,000
    89,775 sqft

    Flex/Industrial property available for sale in Lakeville, Minnesota.

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    Airlake Industrial Park Land Available
    Airlake Industrial Park Land Available

    22035 Garvey Ln, Lakeville, MN

    $2,328,718
    8.90 AC lot

    Seven industrial lots for sale in Airlake Industrial Park.

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    Airlake Industrial Park Land Opportunity
    Airlake Industrial Park Land Opportunity

    21700 Galway Ln, Lakeville, MN

    $1,986,336
    7.60 AC lot

    Seven industrial lots available in Airlake Industrial Park.

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    Airlake Industrial Park Land Opportunity
    Airlake Industrial Park Land Opportunity

    Highview Hwy & 225th St W, Lakeville, MN

    $3,646,843
    11.96 AC lot

    Seven industrial lots available in Airlake Industrial Park.

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    3.29 Acres Industrial Land For Sale
    3.29 Acres Industrial Land For Sale

    215th Street W & Dodd Blvd, Lakeville, MN

    $395,000
    3.29 AC lot

    3.29 acres of unplatted I-1 Light Industrial land.

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    Industrial Lots in Airlake Park
    Industrial Lots in Airlake Park

    Garvey Ln & 222nd St W, Lakeville, MN

    $5,004,826
    20.89 AC lot

    Seven industrial lots available in Lakeville's Airlake Industrial Park.

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    Land with Freeway Visibility
    Land with Freeway Visibility

    Kenrick Ave & 167th St W, Lakeville, MN

    Contact for pricing
    3.91 AC lot

    Commercial land with utilities and strong development potential.

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    Commercial Land Near Hy-Vee Grocery
    Commercial Land Near Hy-Vee Grocery

    Elmhurst Ln, Lakeville, MN

    Contact for pricing
    1.30 AC lot

    Graded commercial land with utilities and shared ponding.

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    Commercial Land with I-35 Access
    Commercial Land with I-35 Access

    20600 Kenrick Ave, Lakeville, MN

    Contact for pricing
    10.00 AC lot

    Divisible commercial land with utilities and easy highway access.

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    Lakeville Farmland with Storage Space
    Lakeville Farmland with Storage Space

    225th St W & Dodd Blvd, Lakeville, MN

    Contact for pricing
    18.75 AC lot

    Over 15 acres of farmland with multiple garages.

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    Land with Great Visibility
    Land with Great Visibility

    17401 Dodd Blvd, Lakeville, MN

    Contact for pricing
    0.78 AC lot

    Commercial land with great visibility and convenient highway access.

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    Highway Commercial Land Opportunity
    Highway Commercial Land Opportunity

    Lakeville Blvd & Gateway Dr, Lakeville, MN

    $3,995,000
    23.96 AC lot

    23.96 acres of commercial land with highway frontage.

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    Lakeville, MN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Lakeville, MN, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 240,785 square feet of properties for sale, with an estimated market value of $25,289,000.

    Sale prices for business properties in Lakeville, MN start at $195,000, averaging $3,612,714, and reaching up to $6,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 63K
    Population Growth (5Y) +18.2%
    Median Household Income $140,612
    College Educated 72.3%

    High-Yield Neighborhoods for Investment

    Identify Lakeville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Rosemount $365K
    Lakeville $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.48%
    Property Tax per SF $30.84 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dakota County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Lakeville fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Lakeville, MN

    • 55044
    • 55068
    • 55124

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