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Retail Building with Drive-In Door
For Sale
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100 El Dorado Drive, Jordan, MN 55352

7,535 SF retail building on 1.24 acres for sale.

Property Size7,535 SF
Price / SF$212.34
Days on Market317

Property Features for 100 El Dorado Drive

General Information

Standard status Active
Size 7,535 SF
Total Parking Spaces 38
Property subtype Retail
Zoning C-3 Commercial
Investment Type Value Add

Building Details

Year Built 2003
Tenancy Multi
Listing Agency: Cerron Properties
Listed By: Roz Peterson · License #MN 612430
Source: Crexi
Added: Nov 24, 2025 Changed: Oct 6 Last Checked: Oct 5 at 5:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cerron Properties

Investment Insights

Based on property information with market context.

This 7,535 square foot retail building, constructed in 2003, is situated on a 1.24-acre lot identified by Scott County PID 22-050-006-0. The property is zoned C-3 Commercial and features a new roof and carpeting. The building is equipped with three heating and cooling units and includes 38 parking stalls. A drive-in door, measuring 12 feet by 14 feet, provides additional access.

Key Highlights

  • 7,535 square foot building on 1.24 acres
  • Zoned C‑3 Commercial
  • 38 parking stalls

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$92,804
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,856,080 $1.9M
Cap Rate 7%
$1,325,771 $1.3M
Cap Rate 9%
$1,031,156 $1.0M
Market Conditions
NOI Build-Up for 7,535 SF
Gross rent
$142.9K $18.96/SF
− Vacancy
−$10.3K −$1.37/SF
EGI
$132.6K $17.59/SF
− OpEx
−$39.8K −$5.28/SF
NOI
$92.8K $12.32/SF
Area
Scott County, MN
Vacancy
7.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,856,080
Cap Rate 7%
$1,325,771
Cap Rate 9%
$1,031,156

Alternative Uses

Best Use
Retail
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,804 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M (±1% cap)
NOI $125,839 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Glowing Hearth & Home Hardware & Home Improvement

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Auto Parts Store Grocery & Convenience Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55352, MN

10,020
Population
3,503
Households
2.9
Avg Household Size
38
Median Age
29%
College-Educated
92%
High-School Grad
67.6 sq mi
ZIP Area
148
Density / Sq Mi
$112,923
Median Household Income
$55,302
Median Earnings
$1,128
Median Rent
$379,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Vinery Floral — 200 B Broadway St S, Jordan, MN 55352

Frequently Asked Questions

What type of property is this?
Storefront property - 7,535 SF retail building on 1.24 acres for sale.
Where is this storefront property located?
The property is located at 100 El Dorado Drive Jordan, MN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 7,535 square foot building on 1.24 acres; Zoned C‑3 Commercial; 38 parking stalls
(612) 708-5281 Call to check price and availability
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