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19.88 Acres Development Opportunity
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18810 Cedar Ave, Lakeville, MN 55044

19.88 acres for future home development, great location.

Property Size5,580 SF
Lot Size19.88 Acres
Price / SF$474.91
Days on Market488

Property Features for 18810 Cedar Ave

General Information

Standard status Active
Size 5,580 SF
Lot size 19.88 Acres
Property subtype Land
Listing Agency: KW Commercial Midwest
Listed By: James Halbur · License #40144147
Source: Crexi
Added: Apr 9, 2025 Changed: Aug 8 Last Checked: Jul 16 at 9:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Midwest

Investment Insights

Based on property information with market context.

This 19.88-acre property is available for sale and is planned for future home development with mid-density homes. The property benefits from its location and has its own entrance on Hwy 77/Cedar, across from a new sports complex. A 124' x 45' steel building is located on the east end of the property. There is some rentable farmland. The property is currently zoned Ag and presents a 1031 Exchange opportunity.

Key Highlights

  • 19.88 acres suitable for mid‑density home development
  • Excellent location with direct access on Hwy 77/Cedar across from a new sports complex
  • Includes a 124' x 45' steel building on the property

Property Analytics

Current Use

Farmer Aaron's Sunflowers ... Food Processing Plant

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Bakery Pharmacy Tanning Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 55044, MN

60,446
Population
22,519
Households
2.7
Avg Household Size
37
Median Age
54%
College-Educated
97%
High-School Grad
65.3 sq mi
ZIP Area
926
Density / Sq Mi
$140,612
Median Household Income
$69,991
Median Earnings
$1,730
Median Rent
$464,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 19.88 acres for future home development, great location.
Where is this land located?
The property is located at 18810 Cedar Ave Lakeville, MN.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 19.88 acres suitable for mid‑density home development; Excellent location with direct access on Hwy 77/Cedar across from a new sports complex; Includes a 124' x 45' steel building on the property
(507) 317-2353 Call to check price and availability
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