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    I-35 And Cr-70 Lakeville, MN 55044

    Sponsored
    For Sale
    $2,500,000

    Prime 22-acre commercial lot, I-35 exposure.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 22.07-acre commercial land parcel presents a unique investment opportunity in the thriving Lakeville, Minnesota market. Strategically located at the intersection of I-35 and County Road 70, this property boasts unparalleled visibility and accessibility. The site offers approximately 18.45 acres net of right-of-way, providing ample space for a wide range of commercial developments. Zoned Commercial C-3, the property is suitable for various uses, as detailed in the full zoning code. The parcel's prominent location along I-35 ensures high traffic exposure, maximizing visibility for any business. The property's assessed parcel ID is 22-03600-25-015. Dakota County taxes for 2020 were $6,648. The asking price for this unplatted land is $2,500,000. This is an exceptional opportunity to acquire a high-impact commercial site in a rapidly growing area. Don't miss this chance to secure a prime location with significant development potential. Contact us today to learn more about this remarkable property and its possibilities.

    Property Features for I-35 And Cr-70

    General Information

    Property type
    Land
    Lot Size
    961,369 SF

    HighLights

    • 25.22‑acre site (18.45 acres net).
    • Parcel ID: 22‑03600‑25‑015.
    • 2020 Dakota County Taxes: $6,648.
    • Unplatted commercial land.
    • Suitable for diverse commercial uses.
    • C‑3 Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakeville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2229372
    Latitude
    44.6393546

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    FAQs

    What type of property is this?
    Land - Prime 22-acre commercial lot, I-35 exposure.
    Where is this land located?
    The property is located at I-35 And Cr-70 Lakeville, 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: 25.22-acre site (18.45 acres net).; Parcel ID: 22-03600-25-015.; 2020 Dakota County Taxes: $6,648.
    (952) 469-9444
    Request Owner's contact information
    I-35 And Cr-70 Lakeville, MN 55044
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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
    I-35 And Cr-70 Lakeville, MN 55044
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