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21475 Heath Ave
Lakeville, MN 55044
Industrial Property For Sale
Investment Highlights
- Approximately 12,800 SF office-warehouse on 1.52 acres in Airlake Industrial Park.
- Clear heights ranging from 12 to 16 feet for versatile storage and operations.
- Convenient access to I-35 and major transportation corridors in a strong industrial market.
- Two drive-in doors (12’x12’ and 8’x10’) and one dock door for flexible loading options.
- Recent upgrades include new HVAC (2021) and new roof (2024) with transferable warranty.
Executive Summary
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.
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.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1979 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | C | Parking Ratio | 4.25/1,000 SF |
| Lot Size | 1.52 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 12,800 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-2 - General Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.52 AC |
| Rentable Building Area | 12,800 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Tenancy | Single |
| Parking Ratio | 4.25/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-2 - General Industrial |
Amenities
- Signage
Property Taxes
| Parcel Number | 22-11101-03-160 | Improvements Assessment | $1,532,923 CAD |
| Land Assessment | $429,909 CAD | Total Assessment | $1,962,832 CAD |
Property Taxes
Parcel Number
22-11101-03-160
Land Assessment
$429,909 CAD
Improvements Assessment
$1,532,923 CAD
Total Assessment
$1,962,832 CAD
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