Technical
Financial
Distress signals
Property profile

14050 Pilot Knob Rd Apple Valley, MN 55124

FOR LEASE
Strip malls
Property ID
US46-3216750
36,719 SF 5.44 ac lot Built 1989
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

East Valley Plaza, located at 14050 Pilot Knob Rd in Apple Valley, Minnesota (zip code 55124), presents a compelling retail investment opportunity. This neighborhood mall offers a total of 4,701 square feet of retail space, currently entirely vacant and available for lease. The property is situated in Dakota County and provides excellent visibility and accessibility. Two contiguous spaces are available, offering flexibility for various retail concepts. The minimum leasable space is 1,920 square feet, while the maximum contiguous space available is 2,781 square feet. This presents an ideal opportunity for businesses seeking a prominent location in a thriving community. The property's location within a well-established neighborhood mall ensures high foot traffic and convenient access for customers. The address is easily accessible from major roadways, providing excellent visibility and convenient access for customers and employees. This is a rare opportunity to secure a significant retail presence in a desirable Apple Valley location. The entire 4,701 square feet is available for lease, allowing for a single tenant to occupy the entire space or for multiple tenants to occupy the available spaces. Interested parties are encouraged to inquire about lease terms and conditions.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Construction CONCRETE
Total area 36,719 SF
Lot 5.44 ac (236,966 SF)
APN 01-22528-01-010
UPID US46-3216750

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tanning Salon
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Gym & Fitness Center
  • Medical Clinic
  • Medical Clinic

Location

14050 Pilot Knob Rd Apple Valley, MN 55124
Apple Valley metro Census 60838 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.44M
Blend (final) Blend
$3.34M

Owner & transaction history

since 2017
5 recorded transactions
2017
$5.2M
2017
Price N/A
2016
Price N/A
2006
$5.2M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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