15XX Garrett Ave Apple Valley, MN 55124
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.