20830 Keokuk Ave

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Address: 20830 Keokuk Ave, Lakeville, MN 55044, USA
Chicago & Midwest + Land/Development
Created date: February 20, 2026
Date last updated: September 2, 2026
Price: $1,120,000Investment Analyzer NEW!
  • ✔ C-3 zoning (broad commercial flexibility)
  • ✔ Utilities stubbed = lower upfront cost
  • ✔ Stormwater complete = huge development advantage
  • ✔ Monument signage on both Keokuk + I-35
  • ✔ Located in growing Lakeville trade area

Property Description

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, service-oriented 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. 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,120,000
Year Built: 2021
Lot Size: 2.74 Acres
Opportunity Zone: No
Property Website Click Here
Address: 20830 Keokuk Ave, Lakeville, MN 55044, USA
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