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Lake Elmo School Opportunity

11030 Stillwater Blvd, Lake Elmo, MN 55042

For Sale
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Operating school in growing area, available Spring 2026.

Property Size82,570 SF
Price / SF$60.55
Days on Market426

Property Features for 11030 Stillwater Blvd

General Information

Standard status Active
Size 82,570 SF
Property subtype Special Purpose
Zoning I-2

Building Details

Year Built 1920
Listing Agency: Telus Property Services + Solutions
Listed By: Brian Zeller · License MN #20192872
Source: Crexi
Added: Sep 11, 2025 Changed: Oct 26 Last Checked: Nov 10 at 6:06AM

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 Telus Property Services + Solutions

Rey
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Investment Insights

Based on property information with market context.

The property is currently operating as the Lake Elmo Elementary school. The Stillwater School District plans to vacate this facility in late Spring 2026 when it plans to move into a new facility which is currently under construction. The building offers many traditional elementary school amenities including a wide array of classroom configurations, offices, gymnasium, cafeteria, large parking areas, playground area, two separate ball fields and a large open grass surface area. This facility offers a unique opportunity for development. It is located in the heart of Lake Elmo which is one of the fastest growing cities in the state of MN. The property size is 82570 square feet.

Key Highlights

  • Located in the heart of Lake Elmo.
  • Opportunity for development in a rapidly growing city.
  • Large exterior space including parking, playground, ball fields, and open grass area.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Schools

Suggested Use

Top Pick Building Supply Parking Lot & Garage Storage Facility Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

271
Businesses Nearby

Demographics for 55042, MN

12,044
Population
4,987
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
99%
High-School Grad
24.9 sq mi
ZIP Area
484
Density / Sq Mi
$154,779
Median Household Income
$81,406
Median Earnings
$2,204
Median Rent
$594,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
School - Operating school in growing area, available Spring 2026.
Where is this school located?
The property is located at 11030 Stillwater Blvd Lake Elmo, MN.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Located in the heart of Lake Elmo.; Opportunity for development in a rapidly growing city.; Large exterior space including parking, playground, ball fields, and open grass area.
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