20226 Icenic Way Lakeville, MN 55044
This exceptional 0.93-acre commercial land parcel presents a unique investment opportunity in the thriving city of Lakeville, Minnesota. Strategically located off County Road 50, this property enjoys unparalleled visibility and accessibility. Its prime location offers proximity to key community assets, including the Lakeville Ames Center and Lakeville North High School, ensuring high traffic volume and strong potential for business growth. The permitted commercial zoning allows for a wide range of development possibilities, making it ideal for a variety of commercial ventures. The site's size provides ample space for a stand-alone building, offering flexibility in design and functionality. This location is surrounded by established commercial properties, creating a synergistic environment for new businesses. The address is 20226 Icenic Wy, Lakeville, MN 55044, within Dakota County. This property is available for sale or build-to-suit options, providing flexibility to meet individual business needs and development plans. The site's convenient location and high visibility make it an attractive proposition for businesses seeking a strong foothold in a rapidly growing community. Serious inquiries are encouraged to explore the potential of this exceptional commercial land opportunity. The property is situated at latitude 44.6589924 and longitude -93.256944.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.