Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7670-7704 W 160Th St Lakeville, MN 55044

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in well-established shopping center.

    Property size:
    1,721 SF
    Lot size:
    12.37 Acres

    Property Features for 7670-7704 W 160Th St

    General Information

    Size
    1,721 SF
    Lot size
    12.37 Acres

    We can help!

    Listing Contact
    Robert Wise
    Source: Moodyscre

    Listing Agent: Robert Wise

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

    Learn more

    Overview

    Retail Space in Established Center

    This 1,721 square foot retail space is located in a well-established shopping center on the border of Apple Valley and Lakeville. The property benefits from high traffic intersections and strong visibility from Cedar Avenue. Ample parking is available for customers. The location provides convenient access with three entry points.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.222015
    Latitude
    44.7161187

    Nearby Similar for Lease

    • Contact for pricing
      260,000 SF

      Modern Warehouse Facility Available

      260,000 SF state-of-the-art warehouse with ample parking.
      9875 217Th St W, Lakeville, MN 55044
      View Details
    • $6 SF/Yr
      6,106 SF

      Lakeville Office Space for Lease

      Flexible workspace solutions in Lakeville, MN.
      20731 Holyoke Ave, Lakeville, MN 55044
      View Details
    • Contact for pricing
      1,306 SF

      Lakeville Retail, Office, Medical Space

      1,306 RSF space suitable for retail, office, or medical use.
      9057 203Rd St W, Lakeville, MN 55044
      View Details
    • $15 SF/Yr
      4,000 SF

      Lakeville Industrial Condos for Sale

      Modern warehouse condos, ideal for storage or business.
      24947 Larson Ln, Lakeville, MN 55044
      View Details
    • $9 SF/Yr
      8,861 SF

      Lakeville Warehouse/Office Space Available

      8,861 SF warehouse with office space for lease.
      21044 Heron Way, Lakeville, MN 55044
      View Details
    • Contact for pricing
      20,567 SF

      Lakeville Retail Building For Lease

      Prime freestanding retail space, 20,567 SF.
      17625 Kenrick Ave, Lakeville, MN 55044
      View Details
    • Contact for pricing
      6,400 SF

      Lakeville Medical Office Space

      New 2025 Medical Office Suites Available
      9057 203Rd St, Lakeville, MN 55044
      View Details
    • Contact for pricing
      24,989 SF

      Lakeville Executive Office Suites

      Prime Lakeville Office Space Available
      10523 165Th St, Lakeville, MN 55044
      View Details
    • Contact for pricing
      1,286 SF

      Lakeville Office Space Available

      Office spaces available in Lakeville, close to I-35.
      16233 Kenyon Ave, Lakeville, MN 55044
      View Details
    • Contact for pricing
      54,986 SF

      Lakeville Executive Office Space

      Modern Office Suites, 2,999 - 45,900 SF
      20855 Kensington Blvd, Lakeville, MN 55044
      View Details
    • Contact for pricing
      1,827 SF

      Retail Space in Heritage Commons

      Retail space available in established Lakeville shopping center.
      20190-20210 Heritage Dr, Lakeville, MN 55044
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Lakeville Center

      Retail space available in established Lakeville shopping center.
      20176-20184 Heritage Dr, Lakeville, MN 55044
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in well-established shopping center.
    Where is this shopping center located?
    The property is located at 7670-7704 W 160Th St Lakeville, MN.
    What are key features of this property?
    This property features: - High traffic intersection location; - Strong visibility from Cedar Avenue; - Ample parking for customers
    (612) 336-4274
    Request Owner's contact information
    7670-7704 W 160Th St Lakeville, MN 55044
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7670-7704 W 160Th St
    Lakeville, MN 55044
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7670-7704 W 160Th St Lakeville, MN 55044
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Robert Wise
    (612) 336-4274
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.