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199XX Idealic Ave 1.18 Acres of Commercial Land Offered at $440,000 in Lakeville, MN 55044
Investment Highlights
- 1.18-acre commercial parcel in a high-growth Lakeville corridor.
- Located near Cub Foods and several retail, dining, and service businesses.
- Surrounding area features schools, housing developments, and major retailers.
- Zoned C-3 (General Commercial District) offering flexible development options.
- Strong traffic counts: 13,047 VPD on Dodd Blvd and 17,111 VPD on Kenwood Trail.
Executive Summary
This 1.18-acre parcel offers an exceptional development opportunity in one of Lakeville’s most active and rapidly expanding commercial corridors. Positioned off Idealic Avenue in the Dodd Boulevard and County Road 50 area, the site is zoned C-3 (General Commercial District), accommodating a wide range of retail, service, and office uses. The location ensures strong exposure near established retailers and service businesses, making it an attractive option for investors, owner-operators, or developers seeking a foothold in a growing market.
The property sits adjacent to Cub Foods, benefiting from consistent consumer traffic and strong co-tenancy with national and local retailers. With over 13,000 vehicles per day on Dodd Boulevard and more than 17,000 vehicles on Kenwood Trail at Dodd Boulevard, the area delivers excellent visibility and accessibility for future occupants. This location is within close proximity to major residential neighborhoods, schools, and community amenities, ensuring a steady customer base.
Priced competitively at $440,000, this parcel provides an opportunity to develop in a high-demand area of Lakeville, supported by robust population growth and strong household income levels.
The property sits adjacent to Cub Foods, benefiting from consistent consumer traffic and strong co-tenancy with national and local retailers. With over 13,000 vehicles per day on Dodd Boulevard and more than 17,000 vehicles on Kenwood Trail at Dodd Boulevard, the area delivers excellent visibility and accessibility for future occupants. This location is within close proximity to major residential neighborhoods, schools, and community amenities, ensuring a steady customer base.
Priced competitively at $440,000, this parcel provides an opportunity to develop in a high-demand area of Lakeville, supported by robust population growth and strong household income levels.
Property Facts
| Price | $440,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.18 AC |
| Property Type | Land | ||
| Zoning | C-3 - General Commercial | ||
| Price | $440,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.18 AC |
| Zoning | C-3 - General Commercial |
1 Lot Available
Lot
| Price | $440,000 | Lot Size | 1.18 AC |
| Price Per AC | $372,881.36 |
| Price | $440,000 |
| Price Per AC | $372,881.36 |
| Lot Size | 1.18 AC |
Description
The subject property is a vacant parcel of approximately 1.18 acres located on Idealic Avenue in Lakeville, Dakota County, Minnesota. It lies within the Dodd Boulevard and County Road 50 commercial area, adjacent to a large grocery-anchored center and other retail and service establishments. The property has C-3 zoning within a mixed-use corridor supported by significant household growth and proximity to arterial roadways. Access to transportation routes including Interstate 35 enhances the parcel’s connectivity within the Minneapolis–St. Paul metropolitan region.
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 22-62980-00-010 | Improvements Assessment | $0 |
| Land Assessment | $244,600 | Total Assessment | $244,600 |
Property Taxes
Parcel Number
22-62980-00-010
Land Assessment
$244,600
Improvements Assessment
$0
Total Assessment
$244,600
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199XX Idealic Ave