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    400 Hwy, Unit 7 Excelsior, MN

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    For Sale
    $990,000

    Prime location with high visibility and redevelopment potential.

    Property size:
    2,897 SF
    Lot size:
    0.42 Acres

    Property Features for 400 Hwy

    General Information

    Size
    2,897 SF
    Lot size
    0.42 Acres

    Source: Forte Real Estate Partners, LLC Agent Nancy Powell

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

    Overview

    Excelsior Retail Opportunity on Highway

    This property presents a rare opportunity to acquire a strategically located site on State Highway 7 in Excelsior. The 0.42-acre parcel includes an existing 2,897-square-foot building, suitable for immediate use or redevelopment. The location offers excellent access and high visibility on a major thoroughfare, providing significant signage opportunities to attract traffic and build brand awareness. The area benefits from favorable demographics, making it attractive for businesses aiming to serve a robust customer base. The flexible zoning accommodates a diverse range of uses, including retail, office, and specialized services, allowing for customized space adaptation. The property is located in a dynamic retail district near Lake Minnetonka. Traffic count on Highway 7 is 33,671 vehicles per day. The property also benefits from existing billboard income.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Cub Foods Floral, LILIA Flower Boutique

    Map

    City
    Excelsior
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.5663455
    Latitude
    44.9032963

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    FAQs

    What type of property is this?
    Storefront property - Prime location with high visibility and redevelopment potential.
    Where is this storefront property located?
    The property is located at 400 Hwy, Unit 7 Excelsior, MN.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - Prime location on State Highway 7 in Excelsior.; - High visibility and access with significant traffic count (33,671 vpd).; - Flexible zoning allowing for a wide variety of uses.
    (612) 749-7894
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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
    400 Hwy, Unit 7 Excelsior, MN
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