Financial
Distress signals
Property profile

8415 220th W St Lakeville, MN 55044

OFF-MARKET
Showrooms
Property ID
US46-0823318
150,468 SF 12.6 ac lot Built 1972
Last sale Dec 2004 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 2.0 acres (87,120 square feet) of outdoor storage space within Airlake Industrial Park. The site is fenced and secured and features a paved ground surface. It is located in an industrial zoning area and provides convenient access to County Road 70 and Interstate 35.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$97k
Tax billed · 2023
Assessed value · 2022$3.34M
Assessed land$1.63M
Assessed improvement$1.71M
Effective rate2.89%

Value estimate

· Sep 2026
$3.45M
$3.11M – $3.80M
Sales comparison$2.54M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 92 recorded sales of this use type
Observed band · Q1–Q3$46 – $127

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R
JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.5
Electrical Service9.3
Hair Salon8.9

Location

8415 220th W St Lakeville, MN 55044-9013
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20880 Keokuk, Lakeville, MN 55044-6003 $1,100,000 Jun 2023 19,611 SF
21881 Grenada, Lakeville, MN 55044-9077 $2,083,333 Sep 2022 34,450 SF
8812 215th W, Lakeville, MN 55044-8352 $4,995,000 Jul 2022 62,862 SF
21860 Hamburg, Lakeville, MN 55044-9034 $2,400,000 Jun 2022 46,002 SF
21725 Hamburg, Lakeville, MN 55044-9035 $3,300,000 Jan 2022 69,380 SF
21675 Hamburg, Lakeville, MN 55044-8474 $1,425,000 Mar 2021 46,912 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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