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Keats Ave
Lake Elmo, MN 55042
Lake Elmo Crossing · Land For Sale · 6.89 AC

Investment Highlights

  • Exceptional access along I-94, with traffic counts exceeding 105,000 vehicles per day
  • Proximity to major regional retailers and amenities, including Woodbury Lakes, Tamarack Village, Walmart, Super Target, and Sam’s Club
  • Surrounded by rapidly expanding residential development, with 1,200+ new housing units approved and/or under construction
  • Strong, upper income demographics in the surrounding communities of Lake Elmo and Woodbury

Executive Summary

This 6.89-acre commercial site at Keats Avenue North and Hudson Boulevard North in Lake Elmo represents one of the strongest remaining development opportunities along the I-94 eastern gateway. With direct exposure to more than 105,000 vehicles per day traveling along the interstate, the property delivers exceptional visibility and brand presence for retailers, service providers, or mixed-use developers seeking a strategic regional foothold. The site sits within a rapidly expanding residential growth area, surrounded by more than 1,200 new housing units either approved or currently under construction, generating robust future demand for shopping, dining, childcare, healthcare, and everyday-needs retail. The immediate trade area benefits from some of the highest household incomes in the Twin Cities metro, with Lake Elmo and Woodbury consistently ranking among the region’s most affluent communities.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 6.89 AC
Cross Streets I-94
Zoning HD/LB- Ltd Business

1 Lot Available

Lot

Lot Size 6.89 AC

7 commercial acres with a prime I-94 location

Property Taxes

Property Taxes

Parcel Number
34-029-21-44-0009
Land Assessment
$3,613,454 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,613,454 CAD
  • Listing ID: 39413615

  • Date on Market: 2026-02-12

  • Last Updated:

  • Address: Keats Ave, Lake Elmo, MN 55042

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