For Sale Lot / Land MLS# 7024234

20830 Keokuk Avenue

Lakeville, MN 55044

$1,120,000

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About 20830 Keokuk Avenue

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.

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
1.83
Original price
$1,120,000
MLS #
7024234

Exterior & lot

Lot
224434001033, Level

Schools

District
Lakeville Public School District

Utilities

Utilities
Electricity Available, None Connected, Sewer Available, Storm Sewer Available, Water Available

Financial

Financial
northstar
Annual tax
$0
Tax year
2025
Parcel
224434001033

Location

Subdivision
Lakeville Commerce Center
County
Dakota
Community
Dakota, City Street, 0.0, northstar, Lakeville
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 direct frontage and visibility from the main corridor.

Location

Neighborhood
Lakeville Commerce Center
School district
Lakeville Public School District

Ask about this property

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Listed by Bonnie H. Nguyen, eXp Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.