Property summary
This exceptional 46-acre retail development in Apple Valley, Minnesota, presents a unique investment opportunity. Located at the intersection of 157th Street W. and Pilot Knob Road, this prime location boasts high visibility and accessibility. The project, Orchard Place, offers a total of 60,000 square feet of retail space currently available for lease across multiple buildings. The property is situated directly across from the Cobblestone Lake development and benefits from the strong presence of established anchors such as Lunds & Byerlys. Flexible space options cater to various needs, including in-line, end-cap, and freestanding units, ranging from 1,500 to 60,000 square feet. The area experiences significant ongoing residential and commercial growth, with nearby retailers such as Target and Hy-Vee, along with numerous restaurants and other businesses. Current residential development includes single-family homes, townhouses, senior/assisted living facilities, and market-rate apartments, ensuring a robust and expanding customer base. Phase 1 is complete, and Phase 2, comprising two multi-tenant buildings, is now available for lease. This is an unparalleled chance to establish a presence in a thriving and rapidly developing community within Dakota County, zip code 55124. The property is zoned for commercial use.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight