Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13000 Aldrich S Ave Burnsville, MN 55337-2463

    • Grocery and convenience stores
    • 3,849 SF
    • 1.24 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-0484920
    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

    • Halal Groceries / Grocery Store

    Property Details for 13000 Aldrich S Ave

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    1.24 lot acres
    Property size
    3,849 SF
    Zone code
    R
    Property type
    Grocery and convenience stores
    APN
    02-01300-61-014
    APU
    20130061014

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2907
    Latitude
    44.768
    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
    $10,576
    $292,300
    $129,100
    $421,400
    -
    $292,300
    $129,100
    $421,400

    Comparable in this City

    • Value Estimation
      $835,000
      1,860 SF

      3427 Hwy 13th E

      CONVENIENCE STORE • 1,860 SF
      3427 Hwy 13th E, Burnsville, MN 55337-1026
      View Details
    • Value Estimation by Request
      1,708 SF

      2825 Clf E Rd

      CONVENIENCE STORE • 1,708 SF
      2825 Clf E Rd, Burnsville, MN 55337-3301
      View Details
    • Value Estimation
      $710,000
      5,591 SF

      12290 Nicollet Ave

      CONVENIENCE STORE • 5,591 SF
      12290 Nicollet Ave, Burnsville, MN 55337-1649
      View Details
    • Value Estimation by Request
      4,288 SF

      1884 134th St

      CONVENIENCE STORE • 4,288 SF
      1884 134th St, Burnsville, MN 55337-3998
      View Details
    • Value Estimation by Request
      4,801 SF

      501 Burnsville Pkwy

      CONVENIENCE STORE • 4,801 SF
      501 Burnsville Pkwy, Burnsville, MN 55337-2514
      View Details
    • Value Estimation by Request
      3,930 SF

      12001 County Rd 11

      CONVENIENCE STORE • 3,930 SF
      12001 County Rd 11, Burnsville, MN 55337-3699
      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
      3,370 SF

      Burnsville Office Space for Lease

      Prime Office Space, Highway 13 Access
      2605 Cliff Rd, 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

    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
      8.0k
    • Visitors by month
      5.4k
    • Avg Time on site
      49 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13000 Aldrich S Ave
    Burnsville, MN 55337-2463
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.