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    Property profile & analytics
    OFF-MARKET Estimated value $2,995,000
    Showrooms

    21017 Heron Way, Lakeville, MN 55044-8089

    35,600 SF 3.15 ac lot Built 2004
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US46-0662113
    Property summary
    AI-generated overview

    This exceptional office space, located at 21017 Heron Way, Suite 108, offers a total of 3,000 square feet of versatile commercial space. Currently, 750 square feet is vacant and immediately available for lease, making it an ideal opportunity for a growing business seeking expansion or a new company looking for a well-located establishment. The property is classified as a traditional office space within a larger building, suitable for multiple tenants. The building itself provides a professional and functional environment. The available space is part of a larger unit, offering flexibility in layout and configuration to suit various business needs. The address is conveniently located, providing easy access to major transportation routes and amenities (specific location details are not provided). This is a fantastic opportunity to secure a well-maintained and readily available office space in a desirable location. The 750 square feet of vacant space is ready for immediate occupancy, allowing for a quick and efficient transition for your business. Serious inquiries are encouraged to explore this promising opportunity further. Contact us today to schedule a viewing and discuss your business needs.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 2004
    Construction CONCRETE
    Total area 35,600 SF
    Lot 3.15 ac (137,214 SF)
    APN 22-11053-02-111
    UPID US46-0662113
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Veotec Americas Industrial Manufacturer Production Facility
    • Goldmine Dezine Marketing & Advertising Advertising Agency
    • Events with Cars Advertising Agency Marketing & Advertising
    • Lakeville Trophy Co (Bike/Boat/Book/etc) Store
    • QFC Industries Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.67M
    Blend (final) Blend
    $3.00M
    Owner & transaction history
    Spowd Developments LLC
    Spowd Developments LLC
    1 recorded transaction
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $4.9M +64.8%
    Apartment house (5+ units) $3.0M +2.7%
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