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    7th Ave & Bunker Lk Blvd Andover, MN

    For Lease
    Contact for pricing

    Land available for development near established businesses and high school.

    Lot size:
    2.87 Acres

    Property Features for 7th Ave & Bunker Lk Blvd

    General Information

    Lot size
    2.87 Acres

    Source: Cushman & Wakefield Agent Deborah Carlson

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

    Overview

    Commercial Land Ready For Development

    This commercial land is available for rent and offers potential for development. The lot can be split into two parcels for sale or built to suit. A Taco Bell and the Aurora Vista Apartment complex, featuring 150 market-rate rental units, are already open. A Holiday gas station and convenience store are scheduled to open in the fall of 2025. The property is located across from Anoka High School, which has 2,300 students, the Anoka Area Ice Arena, and the Rum River Library. Situated at the intersection of Bunker Lake Boulevard and N 7th Avenue, the location benefits from strong commuter routes and a signalized intersection. The intersection of Inca Street and 7th Avenue is also signalized.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Andover
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2913405
    Latitude
    45.2332984

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    FAQs

    What type of property is this?
    Land - Land available for development near established businesses and high school.
    Where is this land located?
    The property is located at 7th Ave & Bunker Lk Blvd Andover, MN.
    What are key features of this property?
    This property features: - Lot can be split into two parcels for sale or BTS.; - High-traffic location on Bunker Lake & N & 7th Avenue, strong commuter routes with signalized intersection.; - Across from Anoka High School (2300 students), Anoka Area Ice Arena & Rum River Library.
    (952) 465-3370
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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
    7th Ave & Bunker Lk Blvd Andover, MN
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