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    11030 Stillwater Blvd N Lake Elmo, MN 55042

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    For Sale
    $5,000,000

    Operating school in growing area, available Spring 2026.

    Property size:
    82,570 SF
    Lot size:
    12.86 Acres

    Property Features for 11030 Stillwater Blvd N

    General Information

    Size
    82,570 SF
    Lot size
    12.86 Acres

    Source: Telus Property Services & Solutions Agent Brian Zeller

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

    Overview

    Lake Elmo School Opportunity

    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. This facility offers a unique opportunity for development. It is located in the heart of Lake Elmo, one of the fastest growing cities in the state of MN. The building offers many traditional elementary school amenities including a wide array of classroom configurations, offices, gymnasium, and cafeteria. The exterior of the building offers large parking areas, a playground area, two separate ball fields, and a large open grass surface area. The property size is 82570 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    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
    Lake Elmo
    County
    Washington
    State
    Minnesota
    Longitude
    -92.8826472
    Latitude
    45.0016087

    Nearby Similar for Sale

    • $4,999,995
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      Lake Elmo Retail Opportunity

      Retail property for sale in Lake Elmo, Minnesota.
      11144 Stillwater Blvd N, Lake Elmo, MN 55042
      View Details
    • $299,000
      1,500 SF

      Move-In Ready Office Condo

      Office condo in growing market area with I-694 access.
      8955 33Rd St N, Lake Elmo, MN 55042
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    FAQs

    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 N 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: - Unique development opportunity in rapidly growing Lake Elmo, MN.; - Strategic location in the heart of Lake Elmo.; - Large property with parking areas, playground, ball fields, and open grass.
    (612) 325-3038
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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
    11030 Stillwater Blvd N Lake Elmo, MN 55042
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