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High-Frontage Highway Commercial Land
For Sale
$3,995,000
Pending

1-3XX Lakeville Boulevard, Lakeville, MN 55044

High-traffic commercial land offering significant frontage on Hwy 50/Lakeville Blvd in C-2 highway commercial zoning.

Property Size1,043,697 SF
Days on Market955

Property Features for 1-3XX Lakeville Boulevard

General Information

Standard status Pending
Size 1,043,697 SF
Property subtype Lots/Land
Zoning C-2

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $23,046
Listing Agency: Edina Realty, Inc.
Listed By: Yvonne Perkins · License #731479
Source: Exitrealty
Added: Jan 25, 2024 Changed: Aug 8 Last Checked: Jul 23 at 7:55AM

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 Edina Realty, Inc.

Investment Insights

Based on property information with market context.

This commercial land offering is positioned along Hwy 50/Lakeville Blvd with more than 1,800 feet of frontage. The property is zoned C-2 Highway Commercial, which allows for multiple uses, including options cited in the remarks such as auto dealership, bank, retail, hotel, and storage/warehouse.

The site is located just east of Cedar Ave, providing a visible, high-traffic placement for prospective development.

The seller notes that a possible split option and a concept plan are available, which may support flexible project planning depending on the intended use.

Key Highlights

  • Over 1,800 ft of frontage on Hwy 50/Lakeville Blvd in a high‑traffic area
  • Just east of Cedar Ave
  • Zoned C‑2 Highway Commercial, with multiple uses permitted

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Real Estate Agency Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

20
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - High-traffic commercial land offering significant frontage on Hwy 50/Lakeville Blvd in C-2 highway commercial zoning.
Where is this commercial land located?
The property is located at 1-3XX Lakeville Boulevard Lakeville, MN.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Over 1,800 ft of frontage on Hwy 50/Lakeville Blvd in a high‑traffic area; Just east of Cedar Ave; Zoned C‑2 Highway Commercial, with multiple uses permitted
More about this property
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