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    5950 Rice Creek Pkwy Shoreview, MN 55126

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    For Sale
    Contact for pricing

    Standalone building with existing drive-thru, built in 2002.

    Property size:
    6,678 SF
    Lot size:
    49.15 Acres

    Property Features for 5950 Rice Creek Pkwy

    General Information

    Size
    6,678 SF
    Lot size
    49.15 Acres

    Source: JLL Agent Jeremy Grittner

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

    Overview

    Standalone Building with Drive-Thru

    This standalone building, constructed in 2002, features an existing drive-thru. The property, with a size of 6678 square feet, is suitable for medical, office, and retail use. It offers easy access off 35W.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Shoreview
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1834609
    Latitude
    45.1222776

    Nearby Similar for Sale

    • $2,261,900
      28,155 SF

      Shoreview Office Building For Sale

      Well-maintained office building in Shoreview, Minnesota with stable tenants.
      3550 Lexington Ave N, Shoreview, MN
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Standalone building with existing drive-thru, built in 2002.
    Where is this drive through restaurant located?
    The property is located at 5950 Rice Creek Pkwy Shoreview, MN.
    What are key features of this property?
    This property features: - Standalone building; - Existing drive thru; - Easy access off 35W
    (320) 293-2511
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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
    5950 Rice Creek Pkwy Shoreview, MN 55126
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