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    Property profile & analytics

    21023 Cedar Ave Lakeville, MN 55044-9087

    • Auto shops
    • 18,953 SF
    • 1.78 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-0878625
    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

    • LaMettry's Collision, Inc. / Car Repair And Maintenance Service / Oil Change Service

    Property Details for 21023 Cedar Ave

    Year built
    2004
    Construction
    CONCRETE
    Lot size
    1.78 lot acres
    Property size
    18,953 SF
    Property type
    Auto shops
    APN
    22-73501-02-010
    APU
    227350102010

    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
    -93.2188
    Latitude
    44.6447
    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
    $50,724
    $426,800
    $1,372,300
    $1,799,100
    -
    $426,800
    $1,372,300
    $1,799,100

    Comparable in this City

    • Value Estimation by Request
      22,482 SF

      7777 214th W St

      AUTO REPAIR, GARAGE • 22,482 SF
      7777 214th W St, Lakeville, MN 55044
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    • Value Estimation by Request
      7,918 SF

      20120 Dodd Blvd

      AUTO REPAIR, GARAGE • 7,918 SF
      20120 Dodd Blvd, Lakeville, MN 55044-9024
      View Details
    • Value Estimation by Request
      94,592 SF

      21568 Highview Ave

      AUTO REPAIR, GARAGE • 94,592 SF
      21568 Highview Ave, Lakeville, MN 55044-7575
      View Details
    • Value Estimation
      $725,000
      5,614 SF

      20315 Iberia Ave

      AUTO REPAIR, GARAGE • 5,614 SF
      20315 Iberia Ave, Lakeville, MN 55044-9141
      View Details
    • Value Estimation
      $390,000
      9,078 SF

      21155 Hamburg Ave

      AUTO REPAIR, GARAGE • 9,078 SF
      21155 Hamburg Ave, Lakeville, MN 55044-9033
      View Details
    • Value Estimation
      $600,000
      24,100 SF

      21980 Kenrick Ave

      AUTO REPAIR, GARAGE • 24,100 SF
      21980 Kenrick Ave, Lakeville, MN 55044-9517
      View Details

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    Similar Nearby for Lease

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      1,990 SF

      Lakeville Retail Space Available

      Retail space available for lease in Lakeville, Minnesota.
      8720 W 207Th St, Lakeville, MN 55044
      View Details
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      25,000 SF

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      20+ acres available for development near a full diamond interchange.
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    • $11 SF/Yr
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      2,376 SF flex space with showroom and drive-in door.
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      892 SF

      Retail Space Available For Lease

      892 SF in-line retail space suitable for various users.
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      1,827 SF

      Retail Space in Heritage Commons

      Retail space available in established Lakeville shopping center.
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      20,567 SF

      Lakeville Retail Building For Lease

      Prime freestanding retail space, 20,567 SF.
      17625 Kenrick Ave, Lakeville, MN 55044
      View Details

    Property Visit Statistics

    • Visits by month
      28.0k
    • Visitors by month
      12.9k
    • Avg Time on site
      7 min
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    21023 Cedar Ave
    Lakeville, MN 55044-9087
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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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