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Property profile & analytics

21486 Humboldt Ct Lakeville, MN 55044-4957

  • Showrooms
  • 21,920 SF
  • 2.59 lot acres
OFF-MARKET
Last Sale
Dec 16, 2020
$3,480,000
Value Estimations
$3,590,000
Show details
Cap Rate Potential
6.8%
Showrooms
Location Intelligence
Property ID
US46-2959569
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

  • Philos Mechanical / General Contractor
  • Sherwin-Williams Commercial Paint Store / Hardware & Home Improvement / Building Supply
  • AGAPE Mechanical / HVAC Service / General Contractor
  • CoolSys / HVAC Service / General Contractor

Property Details for 21486 Humboldt Ct

Year built
2017
Lot size
2.59 lot acres
Property size
21,920 SF
Property type
Showrooms
APN
22-18525-01-011
APU
221852501011

Description

This exceptional 919-square-foot executive office suite is available for lease in Lakeville, Minnesota. Located at 21486 Humboldt Ct, zip code 55044, this single-tenant space offers a prime opportunity for businesses seeking a professional and efficient workspace. The property is situated in Dakota County and boasts a convenient location within Lakeville. The entire 919 square feet is currently vacant and ready for immediate occupancy. The building's classification is "Office," specifically categorized as an "Executive Office" and "Professional Office," suggesting a high-quality build and suitable for businesses requiring a sophisticated image. The property's single-tenant occupancy ensures privacy and control over the entire space. This presents a unique opportunity for a business to establish a strong presence in a desirable location. The address is easily accessible, offering convenient access to local amenities and transportation routes. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this well-appointed office suite. The property is ready for immediate occupancy, allowing for a quick and seamless transition for your business. This is an ideal space for a company seeking a professional, efficient, and conveniently located office in the thriving Lakeville, Minnesota market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $3,845,000
    ML approach
    $3,945,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $4,340,000
    6.5%
    $4,005,000
    7%
    $3,720,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,776,000
    Market price range: $1.01M - $2.78M
  • Alternative Use

    Use
    Estimation
    NEIGHBORHOOD: SHOPPING CENTER
    $4,345,000
    RESTAURANT
    $4,250,000
    AUTO REPAIR, GARAGE
    $3,740,000
    WAREHOUSE, STORAGE
    $3,340,000
    RETAIL STORES
    $3,125,000
    OFFICE BUILDING
    $3,005,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lakeville
County
Dakota
State
Minnesota
Longitude
-93.2477
Latitude
44.6384
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
$67,540
$436,900
$1,938,900
$2,375,800
-
$436,900
$1,938,900
$2,375,800
More about this property
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