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    2350 43Rd St NW Owatonna, MN 55060

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    For Lease
    $14 SF/Yr ($2,082 /Mo)

    Retail space available in high-traffic Owatonna shopping center.

    Property size:
    1,785 SF
    Lot size:
    1.39 Acres

    Property Features for 2350 43Rd St NW

    General Information

    Size
    1,785 SF
    Lot size
    1.39 Acres

    Source: Herky Ventures Agent Gary P Ryan

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

    Overview

    Retail Space in High Traffic

    This 1,785-square-foot retail space is located in a high-traffic shopping center. Caribou Coffee is also located in the center. The property is located in Owatonna, MN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Clothing Store Auto Repair Shop Gym & Fitness Hotel & Motel Kitchen & Bath Grocery Store Auto Parts Store Furniture Store

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

    Similar Places Nearby

    Sunglass Outfitters by Sunglass Hut

    Location Insight

    • Map
    • Local Demand
    City
    Owatonna
    County
    Steele
    State
    Minnesota
    Longitude
    -93.254369
    Latitude
    44.137532

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in high-traffic Owatonna shopping center.
    Where is this shopping center located?
    The property is located at 2350 43Rd St NW Owatonna, MN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location; - Retail center location; - Join Caribou Coffee
    (612) 386-4715
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    2350 43Rd St NW Owatonna, MN 55060
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    Owatonna, MN 55060
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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
    2350 43Rd St NW Owatonna, MN 55060
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