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MLS: #7024234, Listed By: Bonnie Nguyen, eXp Realty, Source:FargoMoorhead Area Association of REALTORS

20830 Keokuk Avenue

Lakeville, MN 55044
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Acres1.83

Acres(Lot)

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 flexibi lity 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,120,000

AD Id : 75535548

MLS Id : 7024234

Lot Size : 1.83 Acres(Lot)

County : Dakota

Subdivision: Lake Of The Woods

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Feature Features

  • Lot Information

    Lot Dimensions: 381'x269'x300'x24'x42'x86'x86' Main Square Feet: 1.83 Acres Lot Size Acres: 1.83 Lot Size Square Feet: 79714.8 Lot Description: Level

    Property Information

    Subdivision: Lakeville Commerce Center Source Property Type: Land Postal Code Plus 4: 9047 Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $1120000 Cash, Conventional

  • Tax Information

    Parcel Number: 224434001033 Tax Year: 2025 Tax Legal Desc: 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

  • Utility Information

    Electricity Available, Water Available
  • Location Information

    Direction: 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.
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Nearby Home Value

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19966 Hiawatha Court, Lakeville, MN, 55044 $199,000 -- -- -- 0.22 Acre(Lot)
18743 Jarosite Court, Lakeville, MN, 55044 $255,000 -- -- -- 0.47 Acre(Lot)
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/28/2026 @ 02:23

MLS: 7024234 LISTED BY: Bonnie Nguyen, eXp Realty 320-500-4397 SOURCE: FargoMoorhead Area Association of REALTORS

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