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    Property profile & analytics

    21002 Heron Way Lakeville, MN 55044-8088

    • Warehouses
    • 19,038 SF
    • 2.81 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-0926455
    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

    • Public Storage / Storage Facility / Self-Storage Facility

    Property Details for 21002 Heron Way

    Year built
    2002
    Construction
    CONCRETE
    Lot size
    2.81 lot acres
    Property size
    19,038 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    22-11053-01-091
    APU
    221105301091

    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
    -93.2311
    Latitude
    44.6445
    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
    $79,450
    $551,600
    $2,232,600
    $2,784,200
    -
    $551,600
    $2,232,600
    $2,784,200

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      8252 210th W St

      MINI-WAREHOUSE, STORAGE • 10,000 SF
      8252 210th W St, Lakeville, MN 55044
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    • Value Estimation by Request
      78,000 SF

      16345 Kenyon Ave

      MINI-WAREHOUSE, STORAGE • 78,000 SF
      16345 Kenyon Ave, Lakeville, MN 55044-8934
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    • Value Estimation by Request
      118,065 SF

      7310 Lakeville Blvd

      MINI-WAREHOUSE, STORAGE • 118,065 SF
      7310 Lakeville Blvd, Lakeville, MN 55044
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    • Value Estimation by Request
      102,664 SF

      9913 214th W St

      MINI-WAREHOUSE, STORAGE • 102,664 SF
      9913 214th W St, Lakeville, MN 55044-4464
      View Details
    • Value Estimation by Request
      1,960 SF

      24947 Larson Ln

      Distribution properties • 1,960 SF
      24947 Larson Ln, Lakeville, MN 55044
      View Details
    • Value Estimation by Request
      10,000 SF

      24786 Mesenbrink Way

      Distribution properties • 10,000 SF
      24786 Mesenbrink Way, Lakeville, MN 55044
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Lakeville Warehouse Condo - $283,400

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      89,775 SF

      Lakeville Warehouse and Distribution Facility

      89,775 SF warehouse/distribution facility in Lakeville, Minnesota.
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    • $3,400,000
      20,567 SF

      Lakeville Warehouse Investment Opportunity

      High-Cap Rate Warehouse, 20,567 SF
      17625 Kenrick Ave, Lakeville, MN 55044
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    • $195,000
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      FlexSpace Storage Units For Sale

      FlexSpace storage units suitable for various uses, coming in 2026.
      222Nd St W, Lakeville, MN 55044
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    • $360,000
      0.05 Acres

      Garage Condo with Mezzanine

      Unique garage condo with mezzanine, extra outlets, and epoxy floor.
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    Similar Nearby for Lease

    • $15 SF/Yr
      4,000 SF

      Lakeville Industrial Condos for Sale

      Modern warehouse condos, ideal for storage or business.
      24947 Larson Ln, Lakeville, MN 55044
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    • $9 SF/Yr
      8,861 SF

      Lakeville Warehouse/Office Space Available

      8,861 SF warehouse with office space for lease.
      21044 Heron Way, Lakeville, MN 55044
      View Details
    • Contact for pricing
      260,000 SF

      Modern Warehouse Facility Available

      260,000 SF state-of-the-art warehouse with ample parking.
      9875 217Th St W, Lakeville, MN 55044
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    • Contact for pricing
      22,638 SF

      Lakeville Warehouse Space Available

      22,638 SF warehouse space for rent in Lakeville, MN.
      8860 207Th St W, Lakeville, MN 55044
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    • Contact for pricing
      50,080 SF

      Industrial Space Ready in 2021

      Industrial property with outdoor storage, available for rent in 2021.
      215Th St W, Lakeville, MN 55044
      View Details
    • Contact for pricing
      13,050 SF

      Lakeville Warehouse with Outdoor Storage

      13,050 SF build-to-suit warehouse with drive-in doors.
      7505 215Th St W, Lakeville, MN 55044
      View Details

    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      830
    • Avg Time on site
      31 min
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    21002 Heron Way
    Lakeville, MN 55044-8088
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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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