2500 Division St St. Cloud, MN 56301
- Commercial real estate
- 106,601 SF
Current Use by Public Records
- Commercial real estate
Property Details for 2500 Division St
- Year built
- 1970
- Property size
- 106,601 SF
- Zone code
- C5
- Property type
- Commercial real estate
- APN
- 82.43922.0000
- APU
- 82439220000
Description
Westgate Shopping Center, located at 2500 W Division St in St. Cloud, Minnesota (zip code 56301), presents a significant retail opportunity. This Class B shopping center boasts a total of 106,430 square feet of retail space. Currently, there is 11,466 square feet of vacant space available, ideal for a variety of retail uses. The property's multiple tenancy structure offers a dynamic and established retail environment. The center is situated in St. Cloud, MN, providing excellent access to a thriving local market. The available space presents a chance to establish or expand a business within a well-established shopping center. The property's location at 2500 W Division St offers high visibility and convenient access for customers. With its substantial size and prime location, Westgate Shopping Center offers a compelling investment opportunity for businesses seeking to capitalize on the strong retail market in St. Cloud. The 11,466 square feet of vacant space provides flexibility for various retail concepts. The property's classification as a Class B shopping center reflects its established infrastructure and potential for growth. This is a rare opportunity to secure a significant retail presence in a bustling Minnesota community. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,575,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,450,000
- 6.5%
- $6,325,000
- 7%
- $7,120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,175,000
- Geo Method
- $6,590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,320,000
- Retail
- $6,765,000
- Mixed-Use
- $6,235,000
- Hospitality
- $7,165,000
- Educational
- $6,815,000
- Residential Income
- $6,730,000
- Energy
- $6,060,000
- Income-Based Land
- $6,000,000
- Food Service
- $7,770,000
Location Insight
- Map
- Local Demand
- City
- Saint Cloud
- County
- Stearns
- State
- Minnesota
- Longitude
- -94.1892
- Latitude
- 45.5522
- CBSA code
- 41060
- CBSA name
- ST. CLOUD, MN METROPOLITAN STATISTICAL AREA