
Commercial Land for Sale in Lakeville, Minnesota
20830 Keokuk Ave, Lakeville, MN 55044
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.
Location
- Street address
- 20830 Keokuk Ave
- County
- Dakota County
- Community
- Lakeville Commerce Center
- Elevation
- 1,068 feet
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.
Property details
- Acreage
- 1.83 acres
- Zoning
- Business/Commercial
- MLS #
- RMLS 7024234
- Posted
Parcels
- 224434001033
Legal description
LAKEVILLE COMMERCE CENTER 3 1 LOT 3 BLK 1 EX PT LYING N OF LINE COM NW COR S ON W LINE 103.84 FT THENCE S'LY ON W LINE ON TANG CUR 48.55 FT TO BEG OF LINE S 84D 57M 20S E 381.97 FT TO PT ON E'LY LINE 196.76 FT S'LY OF NE COR & THERE TERM AND PT LOT 2 BLK 1 LYING N LY OF LINE COM SE COR NE LY ALONG SE LINE 224.70 FT TO BEG OF LINE N 69D50M29S W 300.82 FT S 86D2M0S W 23.71 FT N 59D10M44 W 41.80 FT TO W LY LINE SAID LOT 2 THERE TERM
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 20, 2026 | New listing | $1,120,000 | — | RMLS |