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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1832 Cedar Ave Owatonna, MN 55060

3,400 SF 0.95 ac lot Built 1976
Property ID
Property summary
AI-generated overview

This exceptional 3,400 square foot retail space is ideally situated at 1832 Cedar Avenue S in Owatonna, Minnesota. Boasting a prominent location with high traffic counts averaging 8,400 vehicles daily, this property offers unparalleled visibility for your business. The 0.95-acre lot provides ample space and accessibility. The property is available on a gross modified lease, making budgeting straightforward. This location benefits from its close proximity to major highways, ensuring convenient access for customers and employees. A significant advantage is the proximity to the Federated Insurance headquarters, employing 1,500 individuals, creating a substantial pool of potential customers. The average household income within a five-mile radius is $78,295, indicating a strong consumer base with significant spending power. Furthermore, buildout options are available, allowing for customization to perfectly suit your business needs and vision. This is a rare opportunity to establish your business in a high-traffic, high-income area with excellent visibility and convenient access. Don't miss this chance to secure a prime retail location in a thriving Owatonna community. Contact us today to learn more and schedule a viewing.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1976
Total area 3,400 SF
Lot 0.95 ac (41,382 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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