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    Property profile & analytics

    16161 Cedar Ave Lakeville, MN 55044-7213

    • Grocery and convenience stores
    • 5,800 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1120279
    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

    • Speedway / Gas Station / Convenience Store
    • Wells Fargo ATM / Atm
    • Bronson Chimney Sweep & Dryer Vent Cleaning / Chimney Sweep

    Property Details for 16161 Cedar Ave

    Year built
    1988
    Construction
    CONCRETE
    Lot size
    1.26 lot acres
    Property size
    5,800 SF
    Zone code
    R
    Property type
    Grocery and convenience stores
    APN
    22-16300-01-014
    APU
    221630001014

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2185
    Latitude
    44.7154
    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
    2022
    $41,706
    $573,700
    $902,900
    $1,476,600
    -
    $573,700
    $902,900
    $1,476,600

    Comparable in this City

    • Value Estimation by Request
      4,275 SF

      16180 Kenrick Ave

      CONVENIENCE STORE • 4,275 SF
      16180 Kenrick Ave, Lakeville, MN 55044-5420
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    • Value Estimation by Request
      4,768 SF

      20920 Keokuk Ave

      CONVENIENCE STORE • 4,768 SF
      20920 Keokuk Ave, Lakeville, MN 55044-6699
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    • Value Estimation by Request
      4,293 SF

      21070 Glade Ave

      CONVENIENCE STORE • 4,293 SF
      21070 Glade Ave, Lakeville, MN 55044-7428
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    • Value Estimation by Request
      5,512 SF

      16260 Kenrick Ave

      CONVENIENCE STORE • 5,512 SF
      16260 Kenrick Ave, Lakeville, MN 55044-8498
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    • Value Estimation by Request
      7,830 SF

      17380 Cedar Ave

      CONVENIENCE STORE • 7,830 SF
      17380 Cedar Ave, Lakeville, MN 55044-2621
      View Details
    • Value Estimation by Request
      4,135 SF

      17388 Glacier Way

      CONVENIENCE STORE • 4,135 SF
      17388 Glacier Way, Lakeville, MN 55044-6421
      View Details

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    Property Visit Statistics

    • Visits by month
      17.4k
    • Visitors by month
      8.1k
    • Avg Time on site
      6 min
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    16161 Cedar Ave
    Lakeville, MN 55044-7213
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    Realmo Value Estimation

    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.

    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.

    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
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