295 Tyler RdRed Wing, MN 55066

  • Retail properties
  • 192,379 SF
For Sale

Property Details for 295 Tyler Rd

Year built
2002
Lot size
22.63 AC
Property size (Sq ft)
192,379 SF
Property type
Retail properties
Property subtype
Retail space
APN
55.893.0010
APU
558930010

Description

This exceptional retail opportunity presents 1,800 square feet of immediately available space within a thriving 14,322-square-foot strip center in El Dorado. Located on a 1.5-acre lot, this Class B property, built in 2005, benefits from its strategic placement in a high-traffic area anchored by a Walmart Supercenter. The center offers excellent visibility and accessibility, with ample parking for customers. The available space is part of a multi-tenant building, providing a synergistic environment with established businesses. Building and monument signage opportunities are available, enhancing brand visibility. The property is zoned for commercial use and boasts a minimum divisible space of 1,800 square feet. This location enjoys proximity to a variety of successful retailers and businesses, including Cato Fashions, Jimmy John's, AT&T, Great Clips, Dollar Tree, Sutherlands, Bomgaar's, and Burger King, among others, creating a strong retail ecosystem. This presents a prime opportunity for businesses seeking high visibility and a strong customer base in a well-established commercial area. The property's size and location make it ideal for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $46,551,524
    6.5%
    $42,970,636
    7%
    $39,901,308
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,743,940
    Geo Method
    $24,743,940
  • Alternative Use

    Use
    Valuation
    Residential
    $36,247,340
    Hospitality
    $33,202,370
    Educational
    $27,623,982
    Medical
    $28,574,012
    Retail
    $42,970,636
295 Tyler Rd, Red Wing, Minnesota
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Location Insight

City
Red Wing
County
Goodhue
State
Minnesota
Latitude
44.5632
Longitude
-92.5828
CBSA code
39860
CBSA name
RED WING, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$320,806
$2,956,800
$6,391,300
$9,348,100
-
$2,956,800
$6,391,300
$9,348,100

FAQs

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