24947 Larson Ln, Lakeville, MN 55044
This exceptional 1,960-square-foot storage condo, situated within the Field Stone Industrial Park in Lakeville, MN, presents a unique opportunity. Located at 24947 Larson Lane Unit 103, this new construction unit boasts a 28 x 70 footprint, offering ample space for various needs. The insulated steel building features a 14 x 14 overhead door with opener, ensuring easy access for vehicles and equipment. Inside, you'll find reinforced 6" concrete floors, overhead sprinklers, and a high ceiling exceeding 21 feet. The unit is equipped with LED lighting, a hose bib, and 100-amp three-phase power with 4-amp circuits, catering to diverse power requirements. Heating is included, providing a comfortable workspace year-round. The property sits on a 10.51-acre lot with convenient community parking located on the west side of the building. Its prime location offers easy access to I-35, enhancing accessibility and convenience. Optional upgrades include mezzanine levels (16 x 28 or 24 x 28) and bathrooms, allowing for customization to suit individual needs. A monthly association fee of $110 covers exterior building insurance, snow removal, lawn care, and common area electricity. This is an ideal solution for those seeking secure, climate-controlled storage, a workshop, or even a small business space, offering the advantages of ownership over renting, including potential tax benefits and equity growth.
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.