3 Block 1 Lakeville, MN 55044
This exceptional 1.83-acre commercial lot presents a prime investment opportunity in Lakeville, Minnesota. Located in the thriving Northwest quadrant, just off I-35 and County Road 70 (210th St W), this property boasts a highly desirable location within an established commercial development. Neighboring businesses include Walmart, Emagine Theater, Aldi, Allina Clinic, Hampton Inn, Speedway, Harry's Cafe, and the new Lakeville Municipal Liquor Store, ensuring high visibility and significant foot traffic. The lot is zoned C-3 General Commercial District, providing flexibility for a wide range of commercial uses, including retail, financial, medical, office, restaurant, brew pub, and fitness/health club establishments. With a land value of $14 per square foot, the asking price is $1,117,000. The property's APN is 22-44340-01-031. This shovel-ready lot is platted and ready for immediate development, making it an ideal choice for investors seeking a strategic location in a rapidly growing area. 2021 Dakota County property taxes are to be determined. Don't miss this chance to secure a prominent position in a flourishing commercial hub.
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.
Costs & Benchmarks
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.