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Heated Self-Storage Condo
For Sale
$283,400

24947 Larson Ln Unit 120, Lakeville, MN 55044

Insulated commercial space supports vehicle storage, hobbies, collecting, and small business operations.

Property SizeContact for details
Days on Market30

Property Features for 24947 Larson Ln Unit 120

General Information

Standard status Active

Building Details

Year Built 2023
Listing Agency: RE/MAX Advantage Plus
Listed By: Rebecca Thate · License #20422215
Source: Searchhousesnow
Added: Aug 17 Changed: Sep 15 Last Checked: Sep 14 at 6:59PM

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 RE/MAX Advantage Plus

Investment Insights

Based on property information with market context.

This 2023 self-storage property offers individually owned units ranging from 1,960 to 4,000 square feet within insulated, heated steel buildings. The 28' x 70' structures feature 21'+ ceilings, 14' x 14' overhead doors with openers, 100-amp three-phase power, 6" reinforced concrete floors, overhead sprinklers, and LED lighting. Each space also includes a fan and hose bib, with optional 16' x 28' or 24' x 28' mezzanines and bathroom buildouts available.

The property is located on paved roads on the south side of Lakeville, with access to I-35. Association services include exterior insurance, snow removal, lawn care, and common-area electricity. The configuration is suited to owners seeking dedicated space for vehicles, collections, hobbies, or small business use.

Key Highlights

  • 1,960 to 4,000 SF insulated, heated storage units
  • 28' x 70' steel buildings with 21'+ ceilings
  • 14' x 14' overhead doors with openers

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick HVAC Service Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Auto Repair Shop Skin Care Clinic

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

73
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

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
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Frequently Asked Questions

What type of property is this?
Self storage facility - Insulated commercial space supports vehicle storage, hobbies, collecting, and small business operations.
Where is this self storage facility located?
The property is located at 24947 Larson Ln Unit 120 Lakeville, MN.
What is the asking price?
The asking price for this property is $283,400.
What are key features of this property?
This property features: 1,960 to 4,000 SF insulated, heated storage units; 28' x 70' steel buildings with 21'+ ceilings; 14' x 14' overhead doors with openers
More about this property
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