Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Walmart Outlot Land Available Title is generated by Realmo AI

    12200 River Ridge Blvd, Burnsville, MN 55337

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

    1.21 acre commercial land available as Walmart outlot.

    Type:Land
    Lot size:
    1.21 Acres
    Added:
    Nov 14, 2021
    Days on Market:
    1650
    Last Refresh:
    May 20 at 8:22 pm

    Property Features for 12200 River Ridge Blvd

    General Information

    Standard status
    Active
    Lot size
    1.21 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Thomas Flynn

    Listing agent Thomas Flynn License #OH

    Listing office CBRE - Akron Canton

    Listing date Nov 14, 2021

    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 CBRE - Akron Canton

    HighLights

    • Walmart Outlot
    • 1.21 acres of Commercial Land
    • High‑Traffic Location
    • Development Opportunity
    • Utilities Available

    Overview

    This commercial land, consisting of 1.21 acres, is available as a Walmart outlot. The property is located on River Ridge Blvd in Burnsville, MN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Minute Key Locksmith Walmart House Cleaning ... Hardware & Home Improvement Walmart Connection Center Mobile Phone Store Western Union Bank Walmart Bakery Bakery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2858656
    Latitude
    44.7812214

    Nearby Similar for Sale

    • $1,000,000

      Burnsville Office Building For Sale

      Versatile office building in established Frontier Industrial Park.
      13786 Frontier Court, Burnsville, MN 55337
      View Details
    • $1,000,000

      Burnsville Office Building For Sale

      One-story office building in McAndrews Commons business park.
      13770 Frontier Court, Burnsville, MN 55337
      View Details
    • $224,900

      Burnsville Office Space For Sale

      Four-level office space with easy highway access in Burnsville.
      14589 Grand Avenue S, Burnsville, MN 55306
      View Details
    • $214,900

      Burnsville Land: Build Your Dream

      Large, secluded 1.99-acre lot in Burnsville ready for development.
      155xx Loop Road S, Burnsville, MN 55306
      View Details
    • $158,000

      Burnsville Land Ready to Build

      Nearly half-acre lot in Burnsville, ready for your dream home.
      13420 Nicollet Lane, Burnsville, MN 55337
      View Details
    • $2,200,000
      11,576 SF

      Professional Office Building with Amenities

      Office building with excellent accessibility, interior finishes, and amenities.
      181 River Ridge Cir S, Burnsville, MN
      View Details
    • $217,900

      Residential Land in Burnsville, MN

      Three residential lots with potential for multiple homes.
      Woodhill Road, Burnsville, MN 55337
      View Details
    • $3,100,000
      15,225 SF

      Single-Tenant Walgreens on 1.73 Acres

      Freestanding retail property on a high-traffic retail corridor.
      14700 Lac Lavon Dr, Burnsville, MN
      View Details
    • $20
      31,640 SF

      Burnsville Commercial Property for Sale

      31,640 SF commercial property available in Burnsville, Minnesota.
      12750 Nicollet Avenue, Burnsville, MN 55337
      View Details
    • $149,250
      384 SF

      Burnsville Office Space For Rent

      Office space available for rent in Burnsville, Minnesota.
      1301 Cliff Rd E, Burnsville, MN
      View Details
    • Contact for pricing

      Retail Space Available For Sale

      Retail space for sale, to be vacated upon purchase.
      1451 Riverwood Drive, Burnsville, MN 55337
      View Details
    • $2,302,800
      15,352 SF

      Highway Frontage Commercial Building

      15,352 SF mixed-use building with highway visibility in Burnsville.
      2401 Hwy 13 W, Burnsville, MN 55337
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.21 acre commercial land available as Walmart outlot.
    Where is this commercial land located?
    The property is located at 12200 River Ridge Blvd Burnsville, MN.
    What are key features of this property?
    This property features: Walmart Outlot; 1.21 acres of Commercial Land; High‑Traffic Location
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Thomas Flynn
    Real Estate License ID: OH
    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

    Thank You for Inquiry
    12200 River Ridge Blvd, Burnsville, MN 55337
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!