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179th St Lakeville, MN 55044

6.69 Acres, Mixed-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 6.69-acre commercial land parcel presents a unique investment opportunity in the thriving city of Lakeville, Minnesota. Strategically located within the M-2 Mixed Use Cedar Corridor District, this property boasts excellent visibility and accessibility with frontage on Cedar Avenue, 179th Street, and Glacier Avenue. Utilities are readily available on-site, and access is provided via 197th Street, Glenshaw, and Glacier Avenues. The site is ideally positioned near Lakeville Area Schools (ISD 194), parks, and a Park N Ride, ensuring high traffic and visibility. The area is experiencing significant growth, with 2,500 new housing units currently under construction or planned within a two-mile radius. Lakeville's robust housing market is further evidenced by its ranking as the #1 city for housing permits in Minnesota from 2018-2020, with 4,838 permits issued since 2010. Recent infrastructure improvements, including the completion of Glacier Avenue and 179th Avenue, enhance the property's appeal. The buyer will be responsible for a pro-rata share of the Glenshaw Avenue construction costs. This prime location and the surrounding development activity make this a compelling opportunity for mixed-use development, catering to both retail and residential needs. The property's zoning and location offer significant potential for a variety of commercial ventures.

Highlights

  • 6.69-acre commercial land parcel in Lakeville, MN.
  • M-2 Mixed-Use zoning in the Cedar Corridor District.
  • Frontage on Cedar Ave, 179th St, and Glacier Ave, with utilities and site access available.
  • Located near schools, parks, and a Park & Ride.
  • Surrounded by significant residential growth, with 2,500+ new housing units planned or under construction within 2 miles.

Property Details for 179th St

Property type
Land
Lot Size (sq. ft)
291,416 SF

Location Insight

City
Lakeville
County
Dakota
State
Minnesota
Latitude
44.691491334141
Longitude
-93.216157434333

FAQs

What type of property is this?
Land - 6.69 Acres, Mixed-Use Potential
Where is the land located?
The property is located at 179th St Lakeville, MN.
What are key features of this property?
This property features: 6.69-acre commercial land parcel in Lakeville, MN.; M-2 Mixed-Use zoning in the Cedar Corridor District.; Frontage on Cedar Ave, 179th St, and Glacier Ave, with utilities and site access available.
How can I contact the broker?
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179th St
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