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    Property profile & analytics
    OFF-MARKET Estimated value $3,590,000
    Showrooms

    21486 Humboldt Ct, Lakeville, MN 55044-4957

    21,920 SF 2.59 ac lot Built 2017
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US46-2959569
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 2017
    Total area 21,920 SF
    Lot 2.59 ac (112,671 SF)
    APN 22-18525-01-011
    UPID US46-2959569
    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
    • 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.95M
    CAP Approach CAP
    $4.01M
    Comparable Approach Comparable
    $2.78M
    Blend (final) Blend
    $3.59M
    Owner & transaction history
    Agape Holdings Lv LLC · 9 yrs held
    Agape Holdings Lv LLC
    since 2017
    Last sale
    $3.5M
    6 recorded transactions
    2019
    2018
    2018
    2017
    $478,860
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $4.3M +138.6%
    Restaurant $4.3M +133.4%
    Auto repair, garage $3.7M +105.4%
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