15891 Emperor Ave Apple Valley, MN 55124
- Commercial real estate
- 0.51 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 15891 Emperor Ave
- Lot size
- 0.51 lot acres
- Property type
- Commercial real estate
- APN
- 01-18078-01-020
- APU
- 11807801020
Description
This exceptional 0.51-acre commercial land parcel, located at 15891 Emperor Ave in Apple Valley, Minnesota (zip code 55124, APN 011807801020), presents a unique opportunity for sale, lease, or build-to-suit development. Situated in the thriving Cobblestone Lake development, this property enjoys a prime location just south of a Super Target, ensuring high visibility and accessibility. The permitted zoning is commercial, making it suitable for a variety of uses, including retail, office, and medical office spaces. The property's strategic location benefits from a rapidly growing market with substantial residential construction underway in the surrounding area, promising a strong customer base. In addition to the land parcel, there's also an adjacent 2,672 square foot in-line space available for lease, previously occupied by Green Lotus, offering immediate occupancy. Pricing is negotiable, and attractive terms are available for lease, including tenant improvements. This is an outstanding investment opportunity in a high-demand location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $175,000
- 6.5%
- $185,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $165,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $180,000
- Retail
- $155,000
- Mixed-Use
- $175,000
- Hospitality
- $155,000
- Educational
- $180,000
- Residential Income
- $195,000
- Energy
- $160,000
- Income-Based Land
- $175,000
- Food Service
- $195,000
Location Insight
- Map
- Local Demand
- City
- Apple Valley
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.1755
- Latitude
- 44.7189
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA