15870 Franklin Trail SEPrior Lake, MN 55372
$1.1 million
6,866 finished sq ft · 2.33 acre lot
About this home
Opportunity to obtain 2.33 acres with 186 feet of frontage on State Hwy 13 in Prior Lake. Purchase Gateway Office complex with various existing office spaces in use and more available. Multiple options for possible motel, restaurant/cafe combinations, apartments/condos with retail. Event or community center. Private, charter or language school options. Retail shopping mall. Located near local parks, schools, downtown Prior Lake, only a couple blocks from Lakefront Park and Beach!
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1974
- Finished sq ft
- 6,866
- Lot
- 2.33 acres
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $17,530 a year
- Listed
- April 1, 2026
- MLS number
- 7048110
Listing courtesy of Edina Realty, Inc. (Randy D Simpson). MLS #7048110.
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How it compares
15870 Franklin Trail SE, Prior Lake, MN 55372 is a single-family home built in 1974, listed for $1.1 million on April 1, 2026 by Edina Realty, Inc.. That is in the middle range of the 52 single-family homes for sale in Prior Lake right now (median $699,900; $160 per square foot here against $208 for the group). That works out to $160 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Prior Lake community guideSchools, commutes, parks, home values and local stories.
- Prior Lake housing market, September 2026Homes sold for a median $500,000 over 12 months (+2.3%), 62 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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