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    12751 Nicollet Ave Burnsville, MN 55337

    • Retail space
    • 15,976 SF
    • 1.60 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Jan 11, 2021
    $4,610,636
    Location Intelligence
    Property ID
    US46-1454810
    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

    • CVS Photo / Passport Photo Processor / Digital Printer
    • CVS Pharmacy / Pharmacy
    • CVS / Cosmetics Store / Greeting Card Shop
    • LibertyX Bitcoin ATM / Atm
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service

    Property Details for 12751 Nicollet Ave

    Year built
    2012
    Lot size
    1.60 lot acres
    Property size
    15,976 SF
    Property type
    Retail space
    APN
    02-51345-01-010
    APU
    25134501010

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,515,000
      6.5%
      $4,665,000
      7%
      $4,330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,685,000
      Geo Method
      $5,270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,290,000
      Retail
      $4,170,000
      Mixed-Use
      $4,290,000
      Hospitality
      $3,610,000
      Educational
      $4,480,000
      Residential Income
      $3,605,000
      Energy
      $4,190,000
      Income-Based Land
      $4,770,000
      Food Service
      $4,210,000

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.277
    Latitude
    44.7726
    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
    $71,482
    $726,600
    $1,663,100
    $2,389,700
    -
    $726,600
    $1,663,100
    $2,389,700

    Comparable in this City

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    • Value Estimation by Request
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      888 County Rd 42nd W

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      RETAIL STORES (PERSONAL SERVICES) • 4,588 SF
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    • Value Estimation by Request
      14,313 SF

      950 County Rd 42nd W

      RETAIL STORES (PERSONAL SERVICES) • 14,313 SF
      950 County Rd 42nd W, Burnsville, MN 55337-4428
      View Details
    • Value Estimation by Request
      20,736 SF

      50 County Rd 42nd E

      RETAIL STORES (PERSONAL SERVICES) • 20,736 SF
      50 County Rd 42nd E, Burnsville, MN 55337-5720
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Burnsville Crossing: Prime 0.7 Acres

      High-traffic Burnsville land, TOD zoning.
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    Similar Nearby for Lease

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      Burnsville Retail/Office Suites Available

      Up to 8,000 SF of retail or office space available.
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      Burnsville Retail Space For Rent

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      Retail space with high visibility in Burnsville, Minnesota.
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    12751 Nicollet Ave
    Burnsville, MN 55337
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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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