18880 Cedar Avenue, Farmington, MN 55024 (MLS# 7044215)

18880 Cedar Avenue, Farmington, MN 55024

$1,800,000
Property Type: Land Lot Size (sq. ft.): 866,844 Status: Active
Current Price: $1,800,000 List Date: 4/27/2026 Last Modified: 7/16/2026

Overview

Description

OPPORTUNITY: 20 acres on the Cedar Ave corridor. Currently two 10 acre parcels. Home & out buildings sit on one parcel and WILL NOT be shown during tours. Electric & gas service available. Zoned RST-2 ideal for residential, townhomes or mixed use. Nearby amenities include Belzer Field, Lakeville Splash Pad, parks, shopping, public transit restaurants & more. Perfect development opportunity for a single -developer project.

Listing Details MLS# 7044215

General Property Information

Comp Sale YN
No
Development
No
Drainage
Excellent
Lot Measurement
Acres
Multiple PIDs?
Yes
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family, Residential-Single Famil
Lot Dimensions
1234x1196x1341x1196
Acres
19.9
Lake/Waterfront Name
Vermillion River
Assessment Pending
No

Property Features

Assumable Loan: Not Assumable Available Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Private Septic Available; Private Septic Connected; Private Well Available; Private Well Connected; Sewer Not Available Development Status: Other Elevation Highpoint to Waterfront Slope: Gradual Existing Financing: Free and Clear Farm Type: Hobby Fencing: Other Improvements: Paved Streets; Unimproved Streets Internet Options: Satellite Lake Details: Sand; Soft; Undeveloped; Weeds Land Inclusions: Easements; For Sale Sign Lock Box Type: None Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Outbuildings: Workshop Property SubType: Acreage Road Frontage: City Street; County Road; Paved Streets; Unpaved Streets Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Soil Type: Clay Surface Water: Stream/Creek Topography: Gently Rolling; Meadow; Wooded; Level; Ravine; Walkout Waterfront Type: Creek/Stream

Contract Information

Contingency
None
Original List Price
2000000
ListPrice
1800000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
18880
Street Name
Cedar
Street Suffix
Avenue
Postal City
Farmington
County
Dakota
State
MN
Zip Code
55024

Acreage Information

Taxable Acres
19

Additional Parcels Information

Property ID #2
220150053011

More Information

Assessments

Tax With Assessments
8422

Builder Information

Builder Restrictions
Open

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
0-4

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
20
Section#
15
Township#
114
IDX
Listing Office: Prandium Group Real Estate
Last Updated: July - 16 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.