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Property profile

15XX Garrett Ave Apple Valley, MN 55124

OFF-MARKET
Retail properties & Spaces
0.57 ac lot
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Property summary

AI-generated overview

This exceptional 0.57-acre commercial property, located at 15XX Garrett Ave in Saint Paul, Minnesota (zip code 55124), presents a unique investment opportunity. Situated in a Planned Development District (APN: 01-11731-01-020), this versatile property is zoned for a variety of uses, including retail, office, medical, and commercial spaces. The asking price is $700,000, translating to $28.29 per square foot. The land itself holds significant value, with a price per acre of $1,232,394. This prime location boasts excellent accessibility, benefiting from easy access to I-35E and Highway 77, and a desirable position off Cedar Avenue. High traffic volume is a key advantage, with 40,000 vehicles per day passing on nearby 150th St W (Highway 42). This property offers significant potential for a variety of businesses seeking a strategic location in a thriving area of Dakota County. The property's versatility and prime location make it an ideal investment for both established businesses and new ventures. Don't miss this chance to acquire a highly sought-after commercial property in a rapidly growing market.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.57 ac (24,829 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15XX Garrett Ave Apple Valley, MN 55124
Apple Valley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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