9985 Xenia Ave Brooklyn Park, MN 55443
- Commercial real estate
- 0.65 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9985 Xenia Ave
- Year built
- 2020
- Lot size
- 0.65 lot acres
- Property type
- Commercial real estate
- APN
- 09-119-21-21-0099
- APU
- 911921210099
Description
This exceptional 0.65-acre commercial property, located at 9985 Xenia Ave N in Brooklyn Park, Minnesota, presents a unique investment opportunity. The Stone Mountain Plaza site boasts a total of 3,000 square feet of retail space, currently entirely vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. The property is zoned TC - Town Center Zoning District within Hennepin County, allowing for a wide range of commercial uses. The expansive lot size of 28,228 square feet provides ample space for development and expansion. This prime location in Brooklyn Park offers excellent visibility and accessibility, making it an ideal site for businesses seeking high foot traffic and convenient access for customers. The property's existing infrastructure provides a solid foundation for immediate occupancy or redevelopment, presenting a flexible solution for various business needs. With its strategic location and versatile zoning, this property is poised for significant growth and return on investment. The address is easily accessible and situated within a thriving commercial area. This is a rare opportunity to acquire a fully vacant, well-located retail property in a desirable Minnesota market. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $290,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $325,000
- Mixed-Use
- $305,000
- Hospitality
- $305,000
- Educational
- $335,000
- Residential Income
- $355,000
- Energy
- $285,000
- Income-Based Land
- $330,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn Park
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.356
- Latitude
- 45.1358
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA