Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16281 Richardson Ave Dayton, MN 55327

    For Sale
    $259,000

    Mixed-use site with development potential overlooking the scenic Crow River.

    Lot size:
    1.19 Acres

    Property Features for 16281 Richardson Ave

    General Information

    Lot size
    1.19 Acres

    Source: IAG Commercial Agent Jeffrey LaFavre

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

    Overview

    Mixed-Use Site in Historic Village

    This mixed-use site is positioned at the entrance to Dayton’s charming Historic Village. Overlooking the scenic Crow River, the property combines historic character with exceptional development potential. Zoned for mixed-use, the site can accommodate a variety of end-users, including a signature restaurant destination with waterfront views, boutique retail, professional offices, or thoughtfully designed residential units above street-level activity. Its location along the Crow River provides natural beauty, making it ideal for a project that blends lifestyle, commerce, and community connection. With its prime visibility and unique setting, this site is positioned to become a defining landmark within the heart of Dayton.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.5201388
    Latitude
    45.2440327

    FAQs

    What type of property is this?
    Commercial land - Mixed-use site with development potential overlooking the scenic Crow River.
    Where is this commercial land located?
    The property is located at 16281 Richardson Ave Dayton, MN.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - Prime location at the entrance to Dayton's Historic Village.; - Zoned for mixed-use, allowing for diverse development options (restaurant, retail, office, residential).; - Scenic waterfront views overlooking the Crow River.
    (612) 868-7429
    Request Owner's contact information
    16281 Richardson Ave Dayton, MN 55327
    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.
    16281 Richardson Ave
    Dayton, MN 55327
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16281 Richardson Ave Dayton, MN 55327
    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
    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.