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    Property profile & analytics
    FOR SALE
    Retail space

    15091 18Th St NE, Little Falls, MN 56345

    198,695 SF Built 2006
    Entity Owned Free & Clear
    Property ID
    US46-1964372
    Property summary
    AI-generated overview

    This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Little Falls, Minnesota. Strategically located at 15091 18th St NE, this property boasts a highly desirable location within a thriving retail hub. Its prime position is further enhanced by its proximity to two major highways, ensuring exceptional visibility and accessibility for any commercial venture. The land is currently designated as a commercial outlot, offering significant potential for development. The property's size provides ample space for a variety of commercial uses, making it an ideal site for businesses seeking high-traffic exposure. Situated in Morrison County, Minnesota, with a zip code of 56345, this property benefits from the strong economic activity and growing population of Little Falls and its surrounding areas. The location offers convenient access to a substantial customer base, making it an attractive proposition for businesses seeking to establish a strong presence in this dynamic market. This one-acre lot represents a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly developing area. The property's location near major highways ensures easy access for customers and employees alike. This makes it an ideal location for a variety of commercial uses, from retail to restaurants to service businesses. The property is ready for immediate development, presenting a significant opportunity for investors and developers seeking a prime location in a growing market.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2006
    Total area 198,695 SF
    APN 48.3114.000
    UPID US46-1964372
    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
    • Walmart Connection center Mobile Phone Store Electronics & Wireless Store
    • Walmart Pharmacy Pharmacy
    • Walmart Photo Center (Bike/Boat/Book/etc) Store
    • Walmart Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
    • Walmart Business Center Tech Support Center (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $8.85M
    Blend (final) Blend
    $10.22M
    Owner & transaction history
    WAL-MART BUSINESS TRUST
    WAL-MART BUSINESS TRUST
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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