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    15290 Pennock Ln Apple Valley, MN 55124

    For Sale
    $4,700,000

    Excellent location for office, retail, medical, or educational purposes.

    Property size:
    30,888 SF
    Lot size:
    5.01 Acres

    Property Features for 15290 Pennock Ln

    General Information

    Size
    30,888 SF
    Lot size
    5.01 Acres

    Source: Transwestern Agent Francis Richie

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

    Overview

    Prime Apple Valley Commercial Property

    Located in Apple Valley, a growing suburban community in the Twin Cities, the property at 15290 Pennock Lane offers a commercial opportunity. The site benefits from visibility and traffic, with access to amenities. The location is near Cedar Avenue and County Road 42, and in proximity to healthcare providers, retail centers, restaurants, and residential neighborhoods. The property is suitable for office, retail, medical, educational, or mixed-use purposes. The area's demographics, household incomes, and population growth may provide stability for investors or owner-users. The property offers potential for future uses in the southeast metro.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2214427
    Latitude
    44.7289597

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    FAQs

    What type of property is this?
    Office building - Excellent location for office, retail, medical, or educational purposes.
    Where is this office building located?
    The property is located at 15290 Pennock Ln Apple Valley, MN.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: - Excellent visibility and strong traffic counts due to strategic location near Cedar Avenue and County Road 42.; - Immediate access to a wide range of amenities including healthcare providers, retail centers, and restaurants.; - Located in Apple Valley, a lively and growing suburban community in the Twin Cities.
    (612) 359-1674
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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
    15290 Pennock Ln Apple Valley, MN 55124
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