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Property profile

155th & Pilot Knob Rd Apple Valley, MN 55124

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial land opportunity in Apple Valley, Minnesota, presents a unique chance to lease or build-to-suit. Located in the master-planned Orchard Place development, this property boasts a prime location at the intersection of 155th Street West and Pilot Knob Road, with lot sizes ranging from 2.65 to 50 acres. The site is ideally suited for a variety of commercial uses, including office, retail, medical office, and industrial/flex spaces. The thriving area features significant existing commercial development, including prominent retailers such as Lunds & Byerlys, Target, Hy-Vee, Starbucks, and many more, ensuring high visibility and strong consumer traffic. A robust residential community surrounds the site, comprising single-family homes, townhouses, senior living facilities, and apartments, creating a diverse and densely populated market. Further development is ongoing, with a new HealthPartners clinic currently under construction, underscoring the area's continued growth and potential. The property's APN is 01-03500-02-012, and it is situated in Dakota County, with a zip code of 55124. Building sizes can be customized to meet specific needs, ranging from 2,000 to 500,000 square feet. This is an unparalleled opportunity to establish a presence in a rapidly expanding and highly desirable commercial area. The property is zoned for commercial use.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

155th & Pilot Knob Rd 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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