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Industrial-Commercial Zoned Land
For Sale
$2,500,000

Centerville Road, White Bear Lake, MN 55127

LAND - White Bear Lake, MN

Lot Size4.92 Acres
Days on Market42

Property Features for Centerville Road

General Information

Property type Land
Property subtype Other
Zoning description Business/Commercial, Industrial
Subdivision Section 21 Town 30 Range 22
Lot features Irregular Lot, Tree Coverage - Light
High school district White Bear Lake
Directions Highway 96 to Centerville Road South to Property.
Standard status Active
Lot size 4.92 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 45386

Utilities

Utilities Cable Available
Listing Agency: Keller Williams Premier Realty · Keller Williams Realty
Listed By: Eric E. Katz · License #20362602,MN
Added: Jun 19 Changed: Jun 30 Last Checked: Jul 30 at 9:06PM
MLS# 7097242

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering consists of 4.92 acres of industrial land in White Bear Lake, Minnesota, with Industrial-Commercial Mix zoning. The site is made up of two northerly parcels totaling 2.38 acres +/- and three southerly parcels totaling 2.64 acres +/-, allowing the property to be considered as a single development or in a multi-parcel configuration. Multiple access points are available to support different site layouts and tenancy scenarios.

The land is visible from I-35E, with straightforward access to the interstate from MN 96 and MN 244. The property’s highway visibility and connective routes are key considerations for tenants or developers prioritizing convenience for staff, deliveries, and customer wayfinding.

This site is well suited for an industrial headquarters location or for a multi-tenant industrial development, given the combined acreage and zoning classification. Its parcel structure and multiple ingress/egress options can help accommodate phased planning or separate improvements depending on the intended tenant mix. For buyers evaluating an industrial land purchase near major routes, this property offers a practical foundation for building design and site planning aligned with the Industrial-Commercial Mix framework.

Key Highlights

  • 4.92 acres in White Bear Lake
  • Zone: Industrial‑Commercial Mix
  • Visible from I‑35E with easy access from MN96 and MN244

Property Analytics

Current Use

Industrial land

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

Demographics for 55127, MN

18,071
Population
7,825
Households
2.3
Avg Household Size
47
Median Age
53%
College-Educated
97%
High-School Grad
13.5 sq mi
ZIP Area
1,339
Density / Sq Mi
$113,355
Median Household Income
$62,148
Median Earnings
$1,764
Median Rent
$409,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Nearly five acres in White Bear Lake offer Industrial-Commercial Mix zoning and multiple access points for flexible industrial development.
Where is this industrial land located?
The property is located at Centerville Road White Bear Lake, MN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 4.92 acres in White Bear Lake; Zone: Industrial‑Commercial Mix; Visible from I‑35E with easy access from MN96 and MN244
More about this property
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