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, serviceoriented 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. The property is
zoned C-3, General Commercial and includes electrical service, sanitary
sewer, water, and storm sewer utilities all
stubbed to the property.
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.
Active
$1,120,000
20830 Keokuk Ave, Lakeville, MN 55044
--beds
--baths
1.83Acres
Unimproved Land
Built in ----
1.83 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Excellent visibilityStrong visibility
- 192 days
- 38
- 1
Zillow last checked:
Listing updated:
Listed by:
Bonnie H. Nguyen 612-532-7445,
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7024234
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 1.83 Acres
- Dimensions: 381' x 269' x 300' x 24' x 42' x 86' x 86'
- Topography: Level
Details
- Parcel number: 224434001033
- Zoning description: Business/Commercial
Utilities & green energy
- Utilities for property: Electricity Available, None Connected, Sewer Available, Storm Sewer Available, Water Available
Community & HOA
Community
- Features: No
- Subdivision: Lakeville Commerce Center
HOA
- Has HOA: No
Location
- Region: Lakeville
Financial & listing details
- Date on market: 2/20/2026
- Inclusions: Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Listed for sale | $1,120,000 |
Source: | ||
Public tax history
Tax history is unavailable.




