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    Property profile & analytics

    20158 Icenic Trl Lakeville, MN 55044-9599

    • Drive through restaurants
    • 4,883 SF
    • 2.76 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-0797290
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • McDonald's / Hamburger Restaurant / Restaurant

    Property Details for 20158 Icenic Trl

    Year built
    1995
    Construction
    STEEL FRAME
    Lot size
    2.76 lot acres
    Property size
    4,883 SF
    Property type
    Drive through restaurants
    APN
    22-81950-01-031
    APU
    228195001031

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2541
    Latitude
    44.6573
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $41,298
    $1,009,200
    $466,600
    $1,475,800
    -
    $1,009,200
    $466,600
    $1,475,800

    Comparable in this City

    • Value Estimation by Request
      4,797 SF

      17645 Cedar Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,797 SF
      17645 Cedar Ave, Lakeville, MN 55044-5270
      View Details
    • Value Estimation by Request
      2,748 SF

      16085 Elmhurst Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,748 SF
      16085 Elmhurst Ln, Lakeville, MN 55044-4791
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    • Value Estimation by Request
      4,685 SF

      16205 Kenyon Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,685 SF
      16205 Kenyon Ave, Lakeville, MN 55044
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    • Value Estimation by Request
      3,255 SF

      10755 165th W St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,255 SF
      10755 165th W St, Lakeville, MN 55044-6603
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    • Value Estimation by Request
      2,674 SF

      17880 Kenwood Trl

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,674 SF
      17880 Kenwood Trl, Lakeville, MN 55044-9492
      View Details
    • Value Estimation by Request
      4,636 SF

      17800 Kenwood Trl

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,636 SF
      17800 Kenwood Trl, Lakeville, MN 55044-9492
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      25,000 SF

      Development Opportunity Near Interstate I-35

      20+ acres available for development near a full diamond interchange.
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      Lakeville Retail Space Available

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      Retail space available in established Lakeville shopping center.
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      Retail Space in Established Center

      Retail space available in well-established shopping center.
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      Retail Space in Neighborhood Center

      Retail space available in Cub Foods anchored neighborhood center.
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    • $14 SF/Yr
      1,974 SF

      Downtown Lakeville Two-Story Building

      Two-story building in the heart of Downtown Lakeville.
      20757 Holyoke Ave, Lakeville, MN 55044
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    Property Visit Statistics

    • Visits by month
      30.0k
    • Visitors by month
      19.5k
    • Avg Time on site
      10 min
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    20158 Icenic Trl
    Lakeville, MN 55044-9599
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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