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Property profile

24947 Larson Ln Lakeville, MN 55044

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

These exceptional new construction warehouse condos, located in the desirable Field Stone Industrial Park in Lakeville, offer unparalleled convenience and functionality. Situated on paved roads with easy access to I-35, these units provide the perfect solution for a variety of needs, from storage and workshops to small businesses. Each unit boasts 28 x 70 feet of space, totaling 1960 square feet, with the option to expand up to 10,000 square feet. The insulated steel buildings feature 14 x 14 overhead doors with openers, ensuring easy access for vehicles and equipment. Additional amenities include a ceiling height of over 21 feet, 6-inch reinforced concrete floors, overhead sprinklers, LED lighting, and a hose bib. Electrical service includes 100 amp three-phase power and 4 amp circuits. The units are heated for year-round comfort. Optional mezzanine levels (16 x 28 or 24 x 28) and bathrooms are available for customization. Six parking spaces are available, with community parking located on the west side of the building. A monthly association fee of $110 covers exterior building insurance, snow removal, lawn care, and common area electricity. Currently, two units are available. These versatile spaces are perfect for those seeking control over their storage, hobbies, or small business operations. Don't miss this opportunity to own a piece of prime industrial real estate in a thriving location.

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
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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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