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    Property profile & analytics

    12340 Nicollet Ave Burnsville, MN 55337-2859

    • Grocery and convenience stores
    • 2,991 SF
    • 1.33 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US46-0409350
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Shell / Car Wash / Atm
    • Coin Cloud Bitcoin ATM / Atm / Crypto Atm
    • Que taco food truck / Taco Restaurant
    • Bitstop Bitcoin ATM / Crypto Atm / Atm
    • Nicollet Convenience Store / Convenience Store

    Property Details for 12340 Nicollet Ave

    Year built
    1989
    Construction
    WOOD FRAME
    Lot size
    1.33 lot acres
    Property size
    2,991 SF
    Zone code
    R
    Property type
    Grocery and convenience stores
    APN
    02-01200-06-010
    APU
    20120006010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $275,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $285,000
      Mixed-Use
      $220,000
      Hospitality
      $290,000
      Educational
      $275,000
      Residential Income
      $270,000
      Energy
      $235,000
      Income-Based Land
      $240,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2782
    Latitude
    44.7756
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN 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
    $16,348
    $339,900
    $234,300
    $574,200
    -
    $339,900
    $234,300
    $574,200

    Comparable in this City

    • Value Estimation by Request
      4,391 SF

      Burnsville, MN 55337

      CONVENIENCE STORE • 4,391 SF
      Burnsville, MN 55337
      View Details
    • Value Estimation
      $485,000
      2,851 SF

      13500 County Rd 5th 5

      CONVENIENCE STORE • 2,851 SF
      13500 County Rd 5th 5, Burnsville, MN 55337-7109
      View Details
    • Value Estimation by Request
      4,391 SF

      12750 County Rd 5th 5

      CONVENIENCE STORE • 4,391 SF
      12750 County Rd 5th 5, Burnsville, MN 55337-2200
      View Details
    • Value Estimation
      $285,000
      3,849 SF

      13000 Aldrich S Ave

      GROCERY, SUPERMARKET • 3,849 SF
      13000 Aldrich S Ave, Burnsville, MN 55337-2463
      View Details
    • Value Estimation by Request
      3,680 SF

      12020 County Rd 11

      CONVENIENCE STORE • 3,680 SF
      12020 County Rd 11, Burnsville, MN 55337-3016
      View Details
    • Value Estimation
      $850,000
      1,860 SF

      3427 Hwy 13th E

      CONVENIENCE STORE • 1,860 SF
      3427 Hwy 13th E, Burnsville, MN 55337-1026
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15 SF

      Retail Center in Burnsville, MN

      Retail property in a high-traffic area of Burnsville, Minnesota.
      1100 County Rd, Burnsville, MN 55337
      View Details
    • Contact for pricing
      33,350 SF

      Burnsville Industrial/Retail Opportunity For Sale

      33,350 SF industrial/retail building on 1.96 acres for sale.
      3200 Highway 13 W, Burnsville, MN 55337
      View Details
    • $1,666,166
      6,175 SF

      NNN Leased Retail Investment Property

      Retail property with a long-term absolute NNN lease.
      100 Cobblestone Ln, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1.21 Acres

      Prime Burnsville Commercial Land

      1.21 Acres, I-35W Visibility
      12200 River Ridge Blvd, Burnsville, MN 55337
      View Details
    • Contact for pricing
      0.70 Acres

      Burnsville Crossing: Prime 0.7 Acres

      High-traffic Burnsville land, TOD zoning.
      12751 Nicollet Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      3,370 SF

      Burnsville Office Space for Lease

      Prime Office Space, Highway 13 Access
      2605 Cliff Rd, Burnsville, MN 55337
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo
      256,075 SF

      Burnsville Retail/Office Suites Available

      Up to 8,000 SF of retail or office space available.
      12301 South Nicollet Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      4,360 SF

      Burnsville Office/Showroom Space For Rent

      Single-level office/showroom near Fairview Ridges Hospital with excellent access.
      150-172 Cobblestone Ln, Burnsville, MN 55337
      View Details
    • Contact for pricing
      2,000 SF

      Burnsville Retail Space Available

      2000 SF retail space for rent in Burnsville.
      14001 Aldrich Ave S, Burnsville, MN 55337
      View Details
    • $8 SF/Yr
      26,852 SF

      Burnsville Showroom: Flex Space Available

      Prime Burnsville Office/Showroom Space
      2200 117Th St, Burnsville, MN 55337
      View Details
    • $15 SF/Yr
      32,948 SF

      McAndrews Center Retail Space

      Burnsville, MN retail/showroom space available.
      14001 Grand Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      105,262 SF

      12550 Frontage Rd

      Schools • 105,262 SF
      12550 Frontage Rd, Burnsville, MN 55337
      View Details

    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      2.1k
    • Avg Time on site
      8 min
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    Burnsville, MN 55337-2859
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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