21475 Heath Ave - Manufacturing FOR SALE


Lakeville, MN 55044- Dakota Far Southwest Suburbs
$1,990,000 USD
952-583-6135
21475 Heath Ave, Lakeville, MN for Sale
$1,990,000 USD
Manufacturing - FOR SALE
1/5
null | Request Cap Rate

21475 Heath Ave
Lakeville, MN 55044
Dakota Far Southwest Suburbs


HIGHLIGHTS

  • Approximately 12,800 SF office-warehouse on 1.52 acres in Airlake Industrial Park.
  • Two drive-in doors (12’x12’ and 8’x10’) and one dock door for flexible loading options.
  • Clear heights ranging from 12 to 16 feet for versatile storage and operations.
  • Recent upgrades include new HVAC (2021) and new roof (2024) with transferable warranty.
  • Convenient access to I-35 and major transportation corridors in a strong industrial market.

OVERVIEW

This well-maintained office-warehouse property offers a rare opportunity in Lakeville’s Airlake Industrial Park, a highly desirable business hub with excellent access to major transportation corridors. The 12,800 SF building includes approximately 2,000 SF of office space featuring a reception area, private offices, open workspace, break room, and restrooms, complemented by 10,800 SF of warehouse space designed for efficient operations. The warehouse is equipped with two drive-in doors (12’x12’ and 8’x10’) and one dock door, with clear heights ranging from 12 to 16 feet to accommodate diverse storage and operational needs. Recent capital improvements include new HVAC systems installed in 2021 and a new roof completed in October 2024 with a transferable warranty. The site has been consistently maintained with seal coating and striping completed in August 2022 and ongoing annual crack filling. Zoned I-2 (General Industrial), the property supports a wide range of industrial uses. Its strategic location within Airlake Industrial Park provides excellent access to major highways, including I-35, and a strong surrounding business environment, making it an attractive option for both users and investors.

FOR SALE DETAILS

PRICE

$1,990,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.52

LAND SF

66,211

ZONING

I-2

APN/PARCEL ID

22-11101-03-160

ASK ABOUT THIS PROPERTY

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952-583-6135

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