High Traffic Location with over 1,800 feet of frontage on Hwy 50/Lakeville Blvd. Just east of Cedar Ave. Zoned C-2 Highway Commercial. Multiple uses permitted. Great place for Auto Dealership, Bank, Retail, Hotel, Storage/ Warehouse, etc. Possible split option and concept plan available.
Property Details
Property Features
Listing Office:
Office Name: Edina Realty, Inc.
Other
Directions Information:
Directions: Just East of the intersection of Cedar Ave & Lakeville Blvd. Hwy 50 North side of Road
Price Information
Listing Price Info
Price Summary:
List Price: $3,995,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lakeville, MN.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 9:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20K
Per Month
Principal & Interest
$19.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Great Oaks Academy Charter School
6300 212th St W
Distance between this listing and this school0.67 miles
Public Charter Grades KG-4
6
/10
John F. Kennedy Elementary School
21240 Holyoke Ave
Distance between this listing and this school1.59 miles
Public District Grades KG-5
7
/10
Meadowview Elementary School
6100 195th St W
Distance between this listing and this school1.87 miles
Public District Grades KG-5
Nearby Schools
6
/10
McGuire Middle School
21220 Holyoke Ave
Distance between this listing and this school1.74 miles
Public District Grades 6-8
4
/10
Boeckman Middle School
800 Denmark Ave
Distance between this listing and this school2.54 miles
Public District Grades 6-8
4
/10
Dodge Middle School
4200 208th St W
Distance between this listing and this school2.84 miles
Public District Grades 6-8
Nearby Schools
5
/10
Farmington High School
20655 Flagstaff Ave
Distance between this listing and this school0.67 miles
Public District Grades 9-12
2
/10
Lakeville Area Learning Center
20950 Howland Ave W
Distance between this listing and this school1.87 miles
Public District Grades 6-12
8
/10
Lakeville North High School
19600 Ipava Ave
Distance between this listing and this school3.02 miles
The neighbors living near this home have an average income of $98,322. The majority of Lakeville, MN residents have income between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Lakeville, MN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Lakeville, MN?
Lakeville's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartments and townhomes. The architectural styles vary, with a mix of contemporary, colonial, and ranch-style homes. A significant portion of the housing stock was built during the housing expansion of the late 20th century, reflecting the city's growth during that period. The homeownership rate in Lakeville is high, with a substantial majority of residents owning their homes, while the remainder of the population resides in rental properties.
Is Lakeville, MN a good place to live?
Lakeville is celebrated for its family-friendly atmosphere and strong sense of community. The city prides itself on its well-maintained parks and recreational facilities, which host a variety of local events and festivals throughout the year. These gatherings, from arts fairs to farmers' markets, are a testament to the city's vibrant local culture and the residents' active involvement in community life.
Are things conveniently located in Lakeville, MN?
The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are comprehensive, with facilities offering a range of medical care from primary to specialized treatments. Lakeville's public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, reflecting the local culture and providing residents with a variety of choices for shopping and cuisine.
What does the transportation in Lakeville, MN look like?
Lakeville's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate easy commuting to nearby cities. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is also attentive to the needs of pedestrians and cyclists, with certain areas designed to be particularly friendly to non-motorized forms of transportation. Ongoing initiatives aim to further enhance the efficiency and accessibility of the city's transport systems.
Frequently Asked Questions About 1-3XX Lakeville Blvd
What is the listing price of this property?
The listing price of 1-3XX Lakeville Blvd property is $3,995,000.
What type of property is this?
The property 1-3XX Lakeville Blvd is land located in Lakeville, Minnesota, 55044.
Is this property for sale now?
Active Listing: 1-3XX Lakeville Blvd is For Sale (Active/New) which means the seller is accepting offers.
Interested in 1-3XX Lakeville Blvd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1-3XX Lakeville Blvd in Lakeville, MN and zip code 55044. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $3,995,000.
In November 2024 more than 15 listings in Lakeville, MN were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 29 were sold below. The inventory of homes for sale in Lakeville, MN between October 2024 and November 2024 increased by 0.5%. The median list price of listings available in November 2024 was $487,733, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.