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    Cr-42 & Cr-21 Prior Lake, MN

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    For Lease
    Contact for pricing

    Retail, office, or medical space with development potential.

    Property size:
    12,700 SF
    Lot size:
    21.59 Acres

    Property Features for Cr-42 & Cr-21

    General Information

    Size
    12,700 SF
    Lot size
    21.59 Acres

    Source: HJ Development, Inc. Agent Chris Moe

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

    Overview

    Retail/Office/Medical Opportunity in Prior Lake

    This property presents a sale, lease, or build-to-suit opportunity suitable for retail, office, or medical office usage. A 12,700 square foot building is proposed for this portion of the property, situated on the west side of the Jeffers Commons development. The site can accommodate either a single-story or a two-story building, with the option for underground parking. Features include CR-42 visibility, ample parking, and direct access to a planned 140-unit apartment complex on the balance of the site.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Prior Lake
    County
    Scott
    State
    Minnesota
    Longitude
    -93.427833333333
    Latitude
    44.730333333333

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    FAQs

    What type of property is this?
    Retail property - Retail, office, or medical space with development potential.
    Where is this retail property located?
    The property is located at Cr-42 & Cr-21 Prior Lake, MN.
    What are key features of this property?
    This property features: - High CR-42 visibility for excellent exposure.; - Opportunity for Sale/Lease/Build To Suit.; - Ideal for Retail, Office, or Medical Office usage.
    (952) 476-9400
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    Cr-42 & Cr-21 Prior Lake, MN
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    Prior Lake, MN
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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
    Cr-42 & Cr-21 Prior Lake, MN
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