Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Retail space

    12751 Nicollet Ave, Burnsville, MN 55337

    15,976 SF 1.6 ac lot Built 2012
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US46-1454810
    Property summary
    AI-generated overview

    This exceptional 0.7-acre commercial land parcel, totaling 30,492 square feet, presents a unique development opportunity in the heart of Burnsville, Minnesota. Situated at the high-traffic intersection of Nicollet Avenue and Burnsville Parkway, this single-tenant property boasts a highly desirable TOD (Transit-Oriented Development) zoning designation. Acquired in 2007, the land is currently vacant and ready for immediate development. Its strategic location offers unparalleled access to a thriving retail environment, including a nearby CVS pharmacy and numerous office buildings. The property's proximity to the Ames Center, Burnsville's premier arts and events venue, further enhances its appeal and potential for attracting a diverse clientele. Located in Dakota County, at 12751 Nicollet Ave, Burnsville, MN 55337, this site provides exceptional visibility and accessibility, making it an ideal location for a variety of commercial ventures. The property's size and zoning make it suitable for a range of development projects, offering significant potential for return on investment. Don't miss this opportunity to secure a prime commercial land parcel in a rapidly growing area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2012
    Total area 15,976 SF
    Lot 1.6 ac (69,528 SF)
    APN 02-51345-01-010
    UPID US46-1454810
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CVS Photo (Bike/Boat/Book/etc) Store
    • CVS Pharmacy Pharmacy
    • CVS Pharmacy
    • LibertyX Bitcoin ATM Atm
    • UPS Access Point location Courier Service Postal Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.20M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.27M
    Blend (final) Blend
    $4.47M
    Owner & transaction history
    Scp 2020 Burnsville LLC · 5 yrs held
    Scp 2020 Burnsville LLC
    since 2021
    Last sale
    $4.6M
    1 recorded transaction
    2021
    $4.6M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $3.2M +39.1%
    Restaurant $3.1M +36.1%
    Auto repair, garage $2.7M +19.8%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message