For Sale: Lakeville MLS# 7024234
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Property Description
Located in the heart of Lakeville, 20880 Keokuk Ave offers a rare opportunity
to invest in one of the fastest-growing communities in the south metro.
Positioned along a well-traveled corridor, this site provides excellent visibility
and convenient access to major transportation routes, including Interstate
35.
The City of Lakeville envisions a multi-tenant commercial building at this
location—such as a sandwich shop, coffee shop, boutique retail, serviceoriented businesses, or a medical office—designed to serve the growing
surrounding community. To enhance development potential, the City is willing
to work with a prospective buyer to relocate the existing stormwater
treatment area, currently positioned at the rear of the property near the
highway, beneath a future parking lot. This flexibility would significantly
increase the site’s buildable area and overall design efficiency. The property is
zoned C-3, General Commercial and includes electrical service, sanitary
sewer, water, and storm sewer utilities all
stubbed to the property.
With strong visibility, monument signage along Keokuk Avenue and Interstate
35, and a cooperative, business-friendly municipality, this site presents a
strategic and forward-thinking development opportunity in a highly desirable Lakeville location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,120,000
Property Type:
Lot/Land
City:
Lakeville
County:
Dakota
State:
MN
Property Style:
Lot/Land
Zip Code:
55044
Subdivision Name:
Lakeville Commerce Center
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
City Street
Lot & Land
Acres:
1.83
Geolocation:
44.647231, -93.29758
Inclusions:
Other
Lot Dimensions:
381' x 269' x 300' x 24' x 42' x 86' x 86'
Restrictions:
Open
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
937
District Phone:
9522322000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
None
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
Storm Sewer
Available Utilities:
- Electricity Available
- None Connected
- Sewer Available
- Storm Sewer Available
- Water Available
Mortgage Calculator
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This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| Month | Principal | Interest | P&I | Balance |
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| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.