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    6501-6535 Nicollet Ave S Minneapolis, MN 55423

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    For Sale
    Contact for pricing

    Retail property for sale at a prominent intersection.

    Property size:
    84,215 SF

    Property Features for 6501-6535 Nicollet Ave S

    General Information

    Size
    84,215 SF
    Source: Midamericagrp

    Listing Agent: Bryce Thompson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space at Richfield Shoppes

    Richfield Shoppes is a retail property located at the intersection of 66th Street and Nicollet Avenue. Co-tenants include Autozone, La Michoacana Tasty, Subway, Radio Shack, Comcast, and Fantastic Sams. The property's gross leasable area (GLA) is 84,215 square feet. The estimated population within a 1-mile radius exceeds 15,500. Traffic at the intersection is over 30,000 vehicles per day. Area retailers include Michaels, Marshall’s, Walgreens, and Dollar Tree.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Market Plaza, Richfield Hub, LYNDALE STATION

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.277466
    Latitude
    44.884393

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    FAQs

    What type of property is this?
    Shopping center - Retail property for sale at a prominent intersection.
    Where is this shopping center located?
    The property is located at 6501-6535 Nicollet Ave S Minneapolis, MN.
    What are key features of this property?
    This property features: - Prominent location at the intersection of 66th St. and Nicollet Ave.; - High traffic count: Over 30,000 vehicles per day.; - High population density: Over 15,500 residents within a 1-mile radius.
    (612) 355-0751
    Request Owner's contact information
    6501-6535 Nicollet Ave S Minneapolis, MN 55423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6501-6535 Nicollet Ave S Minneapolis, MN 55423
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