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$1,120,000

20830 Keokuk Avenue, Lakeville, MN 55044

For sale Est. —/mo

  • Lot / Land
  • 1.83 acres lot

Overview

266 days on market MLS # 7024234

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.

Facts & features

Interior

  • Bedrooms: 0
  • Bathrooms: 0

Property

  • Lot size: 1.83 acres
  • Lot dimensions: 381'x269'x300'x24'x42'x86'x86'

Construction

  • Home type: Lot / Land
  • Year built: 0

Community & HOA

  • Subdivision: Lakeville Commerce Center

Taxes & location

  • County: Dakota
  • School district: Lakeville

Listing

  • Status: For sale
  • Listed: Feb 20, 2026
  • Days on market: 266
  • MLS #: 7024234

Monthly payment

—/mo

    An example, not a loan offer. Taxes and HOA dues come from the listing when known; home insurance is a rough estimate. Mortgage insurance is not included. Your rate depends on your lender and credit.

    Location

    Nearby homes

    Listing courtesy of eXp Realty

    The data relating to real estate for sale comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

    Listing information last updated May 27, 2026.