Lakeville, Minnesota, offers a unique opportunity for investors to capitalize on the city's growing economy with its diverse range of commercial land for sale. With a population of approximately 70,000, Lakeville has established itself as a hub for agriculture, industrial parks, and aviation, making it an attractive location for businesses and entrepreneurs. Commercial land in Lakeville represents a smart investment opportunity, as the city's strategic location, infrastructure, and amenities make it an ideal place to establish or expand a business. The city's proximity to Minneapolis and St. Paul, as well as its access to major highways and transportation hubs, including Interstate 35 and Cedar Avenue/MN 77, make it an attractive location for companies looking to establish a presence in the region. Additionally, Lakeville's strong education system, with two high schools and eight public elementary schools, ensures a skilled workforce is available to support businesses. The city's many amenities, including parks, recreational facilities, and cultural attractions like the Lakeville Area Arts Center, also contribute to its appeal as a great place to live and work.
Lakeville's commercial land for sale offers a range of opportunities for investors, from developing industrial parks to building retail centers. With 9 listings available, investors have a diverse range of options to choose from. The average price per square foot is , and the average size of commercial land for sale is square feet, with the largest property spanning 0 square feet. The average cap rate for commercial land in Lakeville is. In addition to commercial land, Lakeville also offers other property types, including residential land, office spaces, and retail properties. The city's strong economy, infrastructure, and amenities make it an attractive location for businesses and investors alike. With its unique blend of agriculture, industry, and aviation, Lakeville is a great place to invest in commercial land and establish a successful business.
What are common commercial uses for land in the Lakeville market?
Commercial land in Lakeville, Minnesota is commonly used for industrial parks, aviation-related businesses, and agricultural purposes, taking advantage of the city's strategic location near Interstate 35 and Cedar Avenue/MN 77, as well as its proximity to the Airlake Airport.
With 9 available listings of commercial land, investors and developers can find opportunities to establish or expand operations in Lakeville, which is already home to major corporations like Post Consumer Brands and Hitchcock Industries, and features a diverse range of industries and employers.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Lakeville, Minnesota, there are several common ways to do so. For instance, investors can opt for a cash purchase, negotiate a seller-financed deal, or explore financing options through local banks or private lenders, as outlined in our article on how to buy land.
