Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2101 Killebrew Dr Bloomington, MN 55425

    Sponsored
    For Sale
    Contact for pricing

    1.44 Acres Near Mall of America

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.44-acre commercial land parcel presents a unique investment opportunity in Bloomington, Minnesota. Strategically located directly across from the Mall of America, this property currently serves as a parking lot for adjacent office buildings. Its prime location within a Qualified Opportunity Zone offers significant tax advantages for investors. The site's zoning allows for a variety of development options, including multifamily residential and hospitality projects, making it highly attractive for developers seeking high-growth potential. The property's proximity to the Mall of America, a major regional shopping destination, ensures high visibility and accessibility. Furthermore, its location near the anticipated site of a $450 million water park development (anticipated construction start in 2023) promises further growth and increased property value. The property is conveniently situated within 10 minutes of Minneapolis/St. Paul International Airport, providing easy access to regional and national transportation networks. This exceptional location, combined with the potential for diverse development, makes this 1.44-acre parcel an unparalleled investment opportunity in a thriving market. The address is 2101 Killebrew Dr, Bloomington, MN 55425, in Hennepin County.

    Property Features for 2101 Killebrew Dr

    General Information

    Property type
    Land
    Lot Size
    62,726 SF

    HighLights

    • 1.44‑acre land parcel available in Bloomington, MN.
    • Potential multifamily and hospitality development.
    • Qualified Opportunity Zone designation.
    • Directly across from the Mall of America.
    • Near planned $450 million water park (anticipated 2023 construction).
    • Within 10 minutes of Minneapolis/St. Paul International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.24258
    Latitude
    44.851325

    Nearby Similar for Sale

    • $7,700,000
      42,303 SF

      Upgraded Office Building with Golf

      NNN leased office building with golf entertainment venue and amenities.
      7807 Creekridge Cir, Bloomington, MN
      View Details
    • $354,900

      Dazzling Condominium with Panoramic Views

      Centrally located condominium with breathtaking views and abundant amenities.
      8161 33Rd Ave S, Bloomington, MN 55425
      View Details
    • $4,500,000
      34,624 SF

      Prime Retail Redevelopment Opportunity

      Excellent visibility, high traffic, and strong demographics.
      7801 Xerxes Ave S, Bloomington, MN 55431
      View Details
    • $4,200,000
      24,600 SF

      Bloomington Office Building with Signage

      Office building featuring signage, ample parking, and updated systems.
      2901 78Th St E, Bloomington, MN 55425
      View Details
    • Contact for pricing
      2,402 SF

      Bloomington Retail/Restaurant Opportunity

      High-visibility corner location suitable for restaurant, medical, or retail use.
      10630 France Ave S, Bloomington, MN 55431
      View Details
    • $3,500,000
      13,244 SF

      Restaurant Building with Ample Parking

      Former restaurant with full kitchen, bars, and banquet room.
      9329 Lyndale Ave S, Bloomington, MN 55420
      View Details
    • Contact for pricing
      155,000 SF

      Office Warehouse Building For Sale

      155,000 SF office warehouse on 15.01 acres.
      10951 Bush Lake Rd, Bloomington, MN 55438
      View Details
    • $750,000
      4,396 SF

      Stand-Alone Office Building Near I-494

      Office building with I-494 exposure, remodeled in 2019.
      7835 Telegraph Rd, Bloomington, MN 55438
      View Details
    • $1,200,000
      16,033 SF

      Bloomington Office Building For Sale

      Office building with convenient location, highway access, and move-in ready suites.
      7805 Telegraph Rd, Bloomington, MN 55438
      View Details
    • $15,200,000
      152,600 SF

      Bloomington Warehouse and Office HQ

      Centrally located warehouse and office space available for sale/lease.
      7900 Chicago Ave S, Bloomington, MN 55404
      View Details
    • $6,428,500
      42,855 SF

      Bloomington Industrial Property For Sale

      Industrial property in Bloomington, MN, suitable for sale or lease.
      801 W 106Th St, Bloomington, MN 55420
      View Details
    • $1,450,000
      9,430 SF

      Bloomington Warehouse with Income Potential

      Warehouse in Bloomington, MN, suitable for owner-user with income.
      9437 Garfield Ave S, Bloomington, MN 55420
      View Details

    FAQs

    What type of property is this?
    Land - 1.44 Acres Near Mall of America
    Where is this land located?
    The property is located at 2101 Killebrew Dr Bloomington, MN.
    What are key features of this property?
    This property features: 1.44-acre land parcel available in Bloomington, MN.; Potential multifamily and hospitality development.; Qualified Opportunity Zone designation.
    Request Owner's contact information
    2101 Killebrew Dr Bloomington, MN 55425
    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.
    2101 Killebrew Dr
    Bloomington, MN 55425
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2101 Killebrew Dr Bloomington, MN 55425
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.