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Financial
Distress signals
Property profile

8235 220Th St West Lakeville, MN 55044

FOR LEASE
Industrial properties
Property ID
US46-0538100
210,012 SF 12.51 ac lot Built 1978
Last sale Jun 2020 · $7,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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8235 220Th St West, Lakeville, MN 55044 For Lease
$7.50 SF/Yr 96,513 SF available
8235 220Th St West, Lakeville, MN 55044
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$169k
Tax billed · 2023
Assessed value · 2022$5.85M
Assessed land$1.69M
Assessed improvement$4.16M
Effective rate2.89%

Value estimate

· Oct 2026
$5.27M
$4.74M – $5.80M
NOI build-up
Gross scheduled income$1.56M
Vacancy & credit loss−$66k
Operating expenses−$449k
NOI · 13,979,866.67% cap applied$1.05M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$84/SF
County average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$59 – $125

Cap rate analysis

How does the asset earn?
13,979,866.67%
$1.05M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.9
Furniture Store8.5
Convenience Store8.5

Location

8235 220Th St West Lakeville, MN 55044
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7776 Lakeville, Lakeville, MN 55044-5075 $5,000,000 Mar 2025 62,000 SF
11077 225th E, Lakeville, MN 55044-9771 $850,000 Jan 2024 7,296 SF
21325 Hamburg, Lakeville, MN 55044-8341 $13,750,000 Oct 2023 275,666 SF
22595 Pillsbury, Lakeville, MN 55044-8232 $200,000 Jun 2023 68,750 SF
21310 Heywood, Lakeville, MN 55044-9522 $825,000 Dec 2022 9,600 SF
7571 215th W, Lakeville, MN 55044-9887 $4,800,000 Oct 2022 29,540 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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