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    Heritage Dr Lakeville, MN 55044

    For Lease
    Contact for pricing

    Retail space available in Lakeville's Heritage Commons shopping center.

    Property size:
    44,000 SF
    Lot size:
    11.66 Acres

    Property Features for Heritage Dr

    General Information

    Size
    44,000 SF
    Lot size
    11.66 Acres

    Source: Transwestern Agent Kris Schisel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Established Center

    Heritage Commons is a retail destination located 25 miles south of the Twin Cities in Lakeville. The center includes approximately 9 acres of outparcel sites with frontage on Dodd Boulevard. Available space includes land adjacent to Cub Foods, suitable for an additional 44,000 square feet of development, as well as small shop opportunities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    Lakeville Mall, Coinstar Kiosk | Bitcoin ATM, Coin Cloud Bitcoin ATM, Elite Home Services

    Map

    City
    Lakeville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.240044
    Latitude
    44.658915

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in Lakeville's Heritage Commons shopping center.
    Where is this shopping center located?
    The property is located at Heritage Dr Lakeville, MN.
    What are key features of this property?
    This property features: - Established retail location in Lakeville.; - Close proximity to the Twin Cities (25 miles south).; - **9-acres of outparcel sites with Dodd Blvd frontage.**
    (612) 343-4200
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Heritage Dr Lakeville, MN 55044
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