

20830 Keokuk Ave
Land | 1.83 acres
Marketing description
Located in the heart of Lakeville, 20830 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.
Investment highlights
✔ C-3 zoning (broad commercial flexibility)
✔ Utilities stubbed = lower upfront cost
✔ Stormwater complete = huge development advantage (City is willing to relocate)
✔ Monument signage on both Keokuk + I-35
✔ Located in growing Lakeville trade area
✔ Build-to-Suit Opportunity
✔ Could be a Multi-Tenant / Multi-User Opportunity
✔ Medical, Professional Office Use or Retail Opportunity
✔ Quick-Service Restaurant (Donut or Coffee Shop Concept)
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