Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $23,046 (2025).

What school district is this property in?

This property is in the 192 - Farmington school district.

How long has this property been on the market?

This property has been listed for 978 days.

Listed at

$3,995,000

1-3XX Lakeville Boulevard

1-3XX Lakeville Boulevard, Lakeville, MN, 55044

23.96 Acres

Days on market978

TypeLand

Est. $116,850buyer credit when you buy with SODL

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About this home

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.

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Home facts

Property typeLand

Lot size23.96 acres (1880x521x2037x530)

Days on market978

ListedJan 24, 2024

MLS #NST6480843

CountyDakota

Parcel #TBD

Facts & features

Interior

Bathrooms: 0

Property

Lot size: 23.96 acres
Lot dimensions: 1880x521x2037x530
Road frontage: Cul De Sac, Paved Streets, State Road
Road responsibility: Public Maintained Road
Parcel #: TBD
Zoning: Business/Commercial,Other

Construction

Property type: Land

Utilities

Utilities: Electricity Available, Natural Gas Available, Other Connected, Sewer Available, Water Available

Community & HOA

HOA: No HOA
School district: 192 - Farmington
High school district: Farmington

Financial & listing details

Annual tax: $23,046 (2025)
Listed: Jan 24, 2024
Days on market: 978
Inclusions: Easements,For Sale Sign,Survey

Interior details

Total bathrooms0

Exterior & lot

Road frontageCul De Sac, Paved Streets, State Road

Road responsibilityPublic Maintained Road

ZoningBusiness/Commercial,Other

Utilities

Parking & garage

Financial details

Annual taxes$23,046

Tax year2025

Taxes w/ assessments23046

Assessment pendingUnknown

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District192 - Farmington

District number192

District phone6514635000

High schoolFarmington

SODL flat fee brokerage

$116,850Estimated buyer credit

SODL platform fee $3,000Your buyer credit $116,850

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$24,248/mo

Principal & interest$20,995

Property taxes$1,921

Home insurance (est.)$1,332

Down payment

$799,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1-3XX Lakeville Boulevard, Lakeville, MN, 55044

Street View

Listing information

MLS #NST6480843

StatusActive

Last updatedMay 27, 2026, 12:32 PM

Originally listedJan 24, 2024, 3:25 PM

Listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.