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    Mixed-Use Property For Sale Title is generated by Realmo AI

    7600 147th St W, Apple Valley, MN 55124

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    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:
    957
    Last Refresh:
    Jul 4 at 10:21 am

    Property Features for 7600 147th St W

    General Information

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

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    Jeff Salzbrun
    Jeff Salzbrun

    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

    HighLights

    • No property information was provided to extract selling points.

    Overview

    A mixed-use property is available for sale. The property has a size of 13120 square feet.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $283.4k $21.60
    − Vacancy −$34.0k −$2.59
    EGI $249.4k $19.01
    − OpEx −$93.5k −$7.13
    NOI $155.9k $11.88
    13,120 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $2.23M
    $1.95M – $2.60M (±1% cap)
    NOI $155,866 @ 7.0% cap · market cap 8.91%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $3.23M
    $2.83M – $3.77M (±1% cap)
    NOI $226,005 @ 7.0% cap · market cap 12.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Wine and Liquor Store Electrical Service Parking Lot & Garage Tattoo & Piercing Shop Restaurant (Bike/Boat/Book/etc) Store Fish Market Restaurant Butcher Restaurant

    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

    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.
    More about this property
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