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Property profile & analytics
FOR SALE
Commercial land

1515 Central Pkwy Eagan, MN 55121

Individually Owned 6-yr Hold
Property ID
US46-1053040
Property summary
AI-generated overview

The lot is situated in the heart of Eagan, just steps away from 20 restaurants, Hy-Vee, Aldi, Goddard School/Goddard Childcare and Hobby Lobby. This prime location across from the Eagan Community Center offers ample opportunities to stay active with walking trails and a state-of-the-art fitness center. With easy access to major highways and just minutes from the airport and downtowns via 35E & 494, this location is the ideal location to help your business thrive. The property is currently zoned RD/Research & Development, however, the City is open to retail or medical office on the site subject to rezoning conditions. The City is not open to drive-thru retail. We are currently going through a rezoning to allow for more general business uses including retail, training center and hospitality. We will wait on subdivision until we know the potential use and then work with the prospective buyer(s). We desire to sell a minimum of 1 acre first and then can subdivide for the additional up to .5 acres. No housing desired.

Property profile
Verified
Property type Commercial land
UPID US46-1053040
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
American Natl Ins · 6 yrs held
American Natl Ins
since 2019
1 recorded transaction
2019
$4.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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