0 Lakeville Blvd Lakeville, MN 55044
This exceptional 23.96-acre commercial land parcel boasts over 1800 feet of high-visibility frontage on Highway 50/Lakeville Boulevard, conveniently located just east of Cedar Avenue in Lakeville, Minnesota. The property, identified by APN numbers 220340025030, 220340025021, and 220340027011, is zoned C-2 Highway Commercial, allowing for a wide array of development possibilities. Potential uses include, but are not limited to, auto dealerships, banks, retail establishments, hotels, storage facilities, and warehouses. The substantial lot size presents an excellent opportunity for a large-scale development or the potential to subdivide the property into smaller parcels. Its prime location on a major thoroughfare ensures high traffic volume and exceptional exposure, making it an ideal investment for businesses seeking maximum visibility and accessibility. This property offers significant potential for substantial returns. The asking price is $3,995,000. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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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.