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Property profile & analytics
OFF-MARKET
Land

I-35 And Cr-70 Lakeville, MN 55044

7.99 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.99-acre commercial land parcel presents a remarkable investment opportunity in Lakeville, Minnesota. Strategically located at the intersection of I-35 and County Road 70 (210th St W), this property boasts high visibility and convenient access to major transportation routes. Currently zoned C-3 General Commercial District with a Rural Agriculture Overlay, the site offers significant development potential. A 2017 survey indicates a net usable area of 8.72 acres after accounting for right-of-way. A wetland delineation report is currently in progress, with wetlands estimated at 0.73 acres. A revised survey is pending. The land is priced at $8.10 per square foot, totaling $2,819,160. The property's 2023 Dakota County property taxes amounted to $2,610. The Parcel Identification Number (PID) is 22-03500-05-012. This prime location and flexible zoning make this an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 7.99 ac (348,044 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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