Address
20830 Keokuk Avenue, Lakeville, MN
Price
$ 1,120,000
Property Attributes
- ID#7024234
- TypeLand
- Listing Status Active
- CountyDAKOTA
- CityLakeville
- AreaLakeville Commerce Center
- NeighborhoodLakeville Commerce Center
- Zip55044
- Style
- Price$ 1,120,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.83 Acres
Data Source:
Northstar MLS (NSTAR)
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.
| Price History | |
|---|---|
| 2/20/2026 | Listed $1,120,000 |
General Features
| Utilities | Electricity Available,None Connected,Sewer Available,Storm Sewer Available,Water Available |
|---|---|
| Development Status | Raw Land |
| Topography | Level |
| Tax Year | 2025 |
| County | Dakota |
| Property Type | Land |
| HOA | No |
| Contingency | None |
| Subdivision Name | Lakeville Commerce Center |
| Directions | Located in Lakeville just east of Interstate 35. Take I-35 to the County Road 50 exit,head east on County Road 50,then turn south onto Keokuk Avenue. Property is located along Keokuk Avenue with dire |
| City | Lakeville |
| High School District | Lakeville |
| Zoning Description | Business/Commercial |
| Lot Size Units | Acres |
| Land Lease Y/N | No |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Restrictions | Open |
| Lender Owned | No |
| PostalCity | Lakeville |
Interior Features
| Basement (Y/N) | No |
|---|
Exterior Features
| Inclusions | Other |
|---|---|
| Lot Size Area | 1.83 |
| Lot Dimensions | 381'x269'x300'x24'x42'x86'x86' |
| Waterfront Y/N | No |
| Road Frontage Type | City Street |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 55044
Price
Visits
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