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    1401-1440 S 12Th Ave W Virginia, MN 55792

    For Sale
    $3,996,000

    Thriving retail property with high occupancy and growth potential.

    Property size:
    57,248 SF
    Lot size:
    22.38 Acres

    Property Features for 1401-1440 S 12Th Ave W

    General Information

    Size
    57,248 SF
    Lot size
    22.38 Acres

    Source: Mid-America Real Estate-Minnesota LLC Agent Amy Senn

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

    Overview

    Grocery Anchored Virginia Mall

    The Uptown Virginia Mall is a 57,248 square foot retail property located in Virginia, Minnesota. The property is anchored by Aldi, Tractor Supply, and Harbor Freight. The mall is currently 100% occupied and has a year one net operating income of $341,242. Situated in a high-traffic area on Highway 53, the property benefits from high visibility and a captive trade area of over 70,000 people within a 20-mile radius. The mall is near major retailers such as Target, Menards, and Walmart. A renovation plan is underway, and a new Marshall’s store is scheduled to open in 2026.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Virginia
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.5563337
    Latitude
    47.5114069

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    FAQs

    What type of property is this?
    Shopping mall - Thriving retail property with high occupancy and growth potential.
    Where is this shopping mall located?
    The property is located at 1401-1440 S 12Th Ave W Virginia, MN.
    What is the asking price?
    The asking price for this property is $3,996,000.
    What are key features of this property?
    This property features: - Grocery-anchored mall with Aldi, Tractor Supply, and Harbor Freight.; - 100% occupancy with Year 1 NOI of $341,242.; - High-visibility location on Highway 53.
    (952) 897-7833
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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
    1401-1440 S 12Th Ave W Virginia, MN 55792
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