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    Property profile & analytics

    21155 Hamburg Ave Lakeville, MN 55044-9033

    • Auto shops
    • 9,078 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US46-0823511
    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

    • Airlake Automotive Repair Inc / Small Engine Repair Service / Tire Shop
    • Intoxalock Ignition Interlock / Safety Equipment Supplier / Auto Electrical Service
    • A&J Auto Body / Auto Body Shop

    Property Details for 21155 Hamburg Ave

    Year built
    1979
    Construction
    CONCRETE
    Lot size
    2.00 lot acres
    Property size
    9,078 SF
    Zone code
    R
    Property type
    Auto shops
    APN
    22-11100-04-022
    APU
    221110004022

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $460,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $410,000
      Mixed-Use
      $510,000
      Hospitality
      $425,000
      Educational
      $415,000
      Residential Income
      $505,000
      Energy
      $425,000
      Income-Based Land
      $400,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2283
    Latitude
    44.6433
    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
    $20,738
    $370,200
    $376,900
    $747,100
    -
    $370,200
    $376,900
    $747,100

    Comparable in this City

    • Value Estimation by Request
      18,953 SF

      21023 Cedar Ave

      AUTO REPAIR, GARAGE • 18,953 SF
      21023 Cedar Ave, Lakeville, MN 55044-9087
      View Details
    • 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 by Request
      22,482 SF

      7777 214th W St

      AUTO REPAIR, GARAGE • 22,482 SF
      7777 214th W St, Lakeville, MN 55044
      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
      $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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      Retail space available in well-established shopping center.
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      Retail space available in Cub Foods anchored neighborhood center.
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    • $14 SF/Yr
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      Downtown Lakeville Two-Story Building

      Two-story building in the heart of Downtown Lakeville.
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      View Details
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    21155 Hamburg Ave
    Lakeville, MN 55044-9033
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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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