I-35 And Cr-70 Lakeville, MN 55044
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.
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.