Technical
Financial
Distress signals
Property profile

24947 Larson Ln Lakeville, MN 55044

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This newly constructed warehouse unit, located in the Field Stone Industrial Park in Lakeville, Minnesota (55044), offers 24947 Larson Ln an exceptional opportunity for storage, workshop, or small business use. The 1,200 square foot unit boasts a 16x28 foot mezzanine, perfect for additional storage or office space. Features include a bathroom, 14x14 overhead door with opener, LED lighting, 100-amp three-phase power, 4-amp circuits, 6-inch reinforced concrete floors, overhead sprinklers, and over 21-foot ceilings. The insulated steel building is heated and includes a hose bib. The property benefits from paved roads and convenient access to I-35. A monthly association fee of $110 covers exterior building insurance, snow removal, lawn care, and common area electricity. Community parking is available. The unit's strategic location on the south side of Lakeville provides easy access to major transportation routes. This is a unique opportunity to own your space, avoiding rental increases and gaining equity while potentially benefiting from tax advantages. The standard price before build-outs was $283,400.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24947 Larson Ln Lakeville, MN 55044
Lakeville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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