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    & Vlg Lk Dr Prior Lake, MN 55372

    Sponsored
    For Lease
    Contact for pricing

    1.06 Acres, Build-to-Suit Office/Retail

    Lot size:
    46,174 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.06-acre commercial land parcel in Prior Lake, Minnesota, presents a prime build-to-suit opportunity for office or retail development. Zoned C-2 General Business, this property offers up to 7,000 square feet of retail space or 9,600 square feet of office space, providing flexibility for various business needs. Located just one block south of the South Lake Village shopping center, it benefits from exceptional visibility and convenient access to Highway 13, a major thoroughfare with a daily traffic volume of 16,800 vehicles. The site enjoys high traffic counts on surrounding roads, including Village Lake Drive (3,550 vpd), Duluth Avenue SE (3,550 vpd), and Toronto Avenue SE (3,000 vpd). Its strategic location across the street from Lunds & Byerlys further enhances its desirability. The property's APN is 254700030, and it's situated at the intersection of Toronto Avenue SE and Village Lake Drive in Scott County, Minnesota, zip code 55372. Lease rates are negotiable. This is an unparalleled chance to establish a thriving business in a high-traffic, well-established area. The total land area is 46,174 square feet. This single-tenancy site is ready for your vision.

    Property Features for 0 & Vlg Lk Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,174 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    46,174 SF

    HighLights

    • 1.06‑acre commercial land parcel in Prior Lake, MN.
    • Up to 7,000 SF of retail or 9,600 SF of office space.
    • C‑2 General Business zoning.
    • Negotiable lease rates.
    • One block south of South Lake Village Shopping Center.
    • Excellent Highway 13 access (16,800 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prior Lake
    County
    Scott
    State
    Minnesota
    Longitude
    -93.427840048958
    Latitude
    44.706196454309

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    FAQs

    What type of property is this?
    Land - 1.06 Acres, Build-to-Suit Office/Retail
    Where is this land located?
    The property is located at & Vlg Lk Dr Prior Lake, MN.
    What are key features of this property?
    This property features: 1.06-acre commercial land parcel in Prior Lake, MN.; Up to 7,000 SF of retail or 9,600 SF of office space.; C-2 General Business zoning.
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    & Vlg Lk Dr Prior Lake, MN 55372
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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
    & Vlg Lk Dr Prior Lake, MN 55372
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