Technical
Financial
Distress signals
Property profile

15662 Pilot Knob Rd Apple Valley, MN 55124

FOR SALE
Strip malls
Property ID
US46-1174485
6,979 SF 1.43 ac lot Built 2012
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,979 square foot retail property, located at 15662 Pilot Knob Rd, Apple Valley, MN 55124, presents a compelling investment opportunity. Built in 2012, this formerly Pizza Ranch location has been completely renovated into a vibrant retail center. Its strategic location in Dakota County offers convenient access to Interstate 35W, ensuring high visibility and significant traffic flow. This translates to a strong potential for business success and return on investment. The property's prime location within the growing Apple Valley market makes it an attractive prospect for businesses seeking to establish a presence in a thriving area. The 6,979 square feet of retail space provides ample room for a variety of commercial uses. This property is ideal for investors looking to capitalize on the robust retail market and high traffic volume associated with its convenient highway access. The property's recent transformation ensures modern amenities and a ready-to-occupy space. This is a rare opportunity to acquire a well-positioned retail property in a dynamic and expanding market.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2012
Total area 6,979 SF
Lot 1.43 ac (62,175 SF)
APN 01-18071-01-010
UPID US46-1174485

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
  • Gym & Fitness Center
  • Medical Clinic Skin Care Clinic
  • Spa & Massage Center Skin Care Clinic
  • Association Or Organization

Location

15662 Pilot Knob Rd Apple Valley, MN 55124
Apple Valley metro Census 60839 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.37M

Owner & transaction history

since 2022
Last sale
$2.7M
2 recorded transactions
2024
Price N/A
2022
$2.7M

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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