Price Reduction
Address
PID # 220121053010 Lakeville, MN
Price
$ 2,500,000
Property Attributes
  • ML#5661301
  • TypeLand
  • CountyDAKOTA
  • CityLakeville
  • Zip55044
  • Style
  • Taxes97216
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size37.4 Acres
Listing Provided Courtesy Of:
City of Lakes Realty
Data Source:
NorthstarMLS
Property Description

Excellent development opportunity. RM3 zoning medium/high density. Adjacent and easy access to I-35 with 2015 AADT of 82,000. Near Target and many surrounding neighborhoods and businesses. Lakeville ISD 194. Extensive work has been done with the city of Lakeville for road and development approvals, including partial potential city commitment towards road costs. Engineering, soil tests, wet land study, road study and change of zoning to apartments or townhomes has been completed. Previous buyer financing fell through, so the property is available again. Tremendous potential here for development of community. Contact listing agent for more detailed information.

Price History
9/21/2020 Listed $3,800,000
4/6/2021 35% - $2,500,000

General Features

Association Y/N No
Contingency None
High School District Lakeville
Lender Owned No
Property Type Land
Restrictions None
Standard Status Active
Tax Annual Amount 97216
Topography Rolling, Level, Sloped, Hilly, Low Land, High Ground, Other
Waterfront Features Pond
Zoning Description Residential-Multi-Family

Exterior Features

Lot Dimensions 2099 X 1489 X 2163 X 1489
Lot Size Area 37.4
Lot Size Units Acres
Road Frontage Type City Street, Interstate, Cul De Sac
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55044

Price
AVG $1.1M
$2.5M
Taxes
AVG $8,310
$97,216
Visits
AVG 281
272
Walkscore
AVG 25
36
Data Provided by Walkscore ® not using MLS data

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