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    4664 Dakota St SE Prior Lake, MN 55372

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    For Lease
    $40 SF/Yr ($11,776 /Mo)

    Retail space for lease in a newly approved apartment building.

    Property size:
    3,533 SF
    Lot size:
    1.03 Acres

    Property Features for 4664 Dakota St SE

    General Information

    Size
    3,533 SF
    Lot size
    1.03 Acres

    Source: Northland Real Estate Group, LLC Agent Cameron Beiersdorf

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

    Overview

    Downtown Prior Lake Retail Space

    Located in downtown Prior Lake, this retail space is part of a recently approved 105-unit market-rate apartment building. The space offers a total of 3,533 square feet, including 2,028 square feet in the lower level and 1,505 square feet on the rooftop. The property benefits from its prime downtown location, strong neighborhood anchors, and high foot traffic. The area features excellent demographics with high incomes per household. An iconic roof deck provides views. Delivery is scheduled for 2027. The asking rate is $40 per square foot gross.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Prior Lake
    County
    Scott
    State
    Minnesota
    Longitude
    -93.4256145
    Latitude
    44.7153618

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in a newly approved apartment building.
    Where is this retail space located?
    The property is located at 4664 Dakota St SE Prior Lake, MN.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Recently approved 105-unit market rate apartment; - Prime downtown Prior Lake location; - Iconic roof deck with great views
    (952) 451-1061
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    4664 Dakota St SE Prior Lake, MN 55372
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    Prior Lake, MN 55372
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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
    4664 Dakota St SE Prior Lake, MN 55372
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