Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7600 147th St W Apple Valley, MN 55124

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Mixed-use property available for purchase.

    Type:Mixed Use
    Property size:
    13,120 SF
    Price / SF:
    $133/SF
    Added:
    Nov 22, 2023
    Days on Market:
    882
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for 7600 147th St W

    General Information

    Standard status
    Active
    Size
    13,120 SF
    Property subtype
    Mixed Use

    We can help!

    Listing Contact
    Jeff Salzbrun

    Listing agent Jeff Salzbrun License #MN

    Listing office Commercial Equities Group Inc

    Listing date Nov 22, 2023

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Commercial Equities Group Inc

    Overview

    Mixed-Use Property For Sale

    A mixed-use property is available for sale. The property has a size of 13120 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Dental Office Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2204352
    Latitude
    44.7347745

    Nearby Similar for Sale

    • $850,000

      Apple Valley Retail/Office Investment

      High-traffic commercial building with value-add potential in Apple Valley.
      7630 145th Street W, Apple Valley, MN 55124
      View Details
    • $1,250,000
      6,640 SF

      Apple Valley Industrial/Retail Opportunity

      6,640 SF building with conversion potential in Apple Valley.
      7600 146th St W, Apple Valley, MN
      View Details
    • $5,500,000
      9,325 SF

      Retail Space in Apple Valley

      Retail space for lease in a high-traffic location.
      14605 Glazier Ave, Apple Valley, MN
      View Details
    • $4,700,000
      30,888 SF

      Prime Apple Valley Commercial Property

      Excellent location for office, retail, medical, or educational purposes.
      15290 Pennock Ln, Apple Valley, MN
      View Details
    • $13,939,200
      45,050 SF

      45,050 SF Retail Asset

      Retail asset with long-term LA Fitness lease and 7.50% cap.
      15135 Galaxie Ave, Apple Valley, MN 55124
      View Details
    • $6,359,248
      56,779 SF

      Apple Valley Warehouse Space

      Warehouse space available for lease in Apple Valley, Minnesota.
      14720 Energy Way, Apple Valley, MN
      View Details
    • Contact for pricing
      48,962 SF

      Apple Valley Warehouse Space Available

      Industrial warehouse space available for lease in Apple Valley.
      5550 Upper 147th St W, Apple Valley, MN
      View Details
    • $1,750,000
      4,438 SF

      Updated Flex Space Building

      Flex space with updated interior and exterior, drive-in door.
      7600 147th St W, Apple Valley, MN
      View Details
    • Contact for pricing
      6,979 SF

      Retail Center Near Interstate 35W

      Retail center in Apple Valley, convenient access to Interstate 35W.
      15662 Pilot Knob Rd, Apple Valley, MN 55124
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property available for purchase.
    Where is this mixed-use property located?
    The property is located at 7600 147th St W Apple Valley, MN.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: No property information was provided to extract selling points.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeff Salzbrun
    Real Estate License ID: MN
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!