24786 Mesenbrink Way Lakeville, MN 55044
This exceptional 10,000-square-foot Class A industrial warehouse, built in 2023, is situated on an expansive 111,078-square-foot lot in Lakeville, Minnesota. Ideally located midway between the Elko and Lakeville exits on I-35's east side, this property offers unparalleled convenience and accessibility. The building comprises two 5,000-square-foot units, each featuring six large bays with vaulted ceilings, clean concrete floors, and abundant natural light. Energy efficiency is a key feature, ensuring comfortable temperatures year-round. Each 5,000-square-foot bay boasts 200-amp, 3-phase electrical power, and Metronet internet is already installed. Safety is prioritized with floor drains equipped with flame traps. Ample parking is available, with potential for creating secure, fenced rental space to generate additional income. The property's wide-open bays provide flexible build-out options, making it suitable for a diverse range of businesses. The permitted zoning is Commercial/Industrial. This turn-key property presents a unique opportunity for owner-users seeking a modern, efficient, and strategically located industrial space. All information is deemed reliable but not guaranteed.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.