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    Property profile & analytics
    OFF-MARKET Estimated value $2,125,000
    Commercial land

    1650 Market Dr, Stillwater, MN 55082-7575

    22,892 SF 0.92 ac lot Built 2001
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US46-0095511
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents 22,096 square feet of showroom space in a prime Stillwater location. The property boasts a highly desirable address on Market Drive, offering excellent visibility and accessibility. The single-story building features three individual suites, providing flexibility for multiple tenants or a single large-scale operation. The open floor plan design maximizes usable space and allows for efficient layout customization. A key advantage is the private entrance, ensuring convenient access for customers and employees. The property's strategic location benefits from its proximity to several major big-box retailers, creating a synergistic environment and increased foot traffic. This location provides significant exposure to a substantial customer base within the thriving Stillwater market. The building's single-story design enhances accessibility and operational efficiency. This is an exceptional opportunity for businesses seeking a high-profile location with ample space and convenient access in a bustling retail area. The property is situated in Washington County, offering access to a strong local economy and a diverse consumer base. The total building size is 22,096 square feet, distributed across three suites. This property is ideal for businesses seeking a prominent presence in a high-traffic retail corridor.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 2001
    Total area 22,892 SF
    Lot 0.92 ac (40,014 SF)
    APN 32-030-20-32-0032
    UPID US46-0095511
    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
    • Pedego Electric Bikes Stillwater (Bike/Boat/Book/etc) Store
    • G-Force Fitness Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.97M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.79M
    Blend (final) Blend
    $2.13M
    Owner & transaction history
    Metro East Makketpalce LLC · 4 yrs held
    Metro East Makketpalce LLC
    since 2022
    Last sale
    $2.4M
    1 recorded transaction
    2022
    $2.4M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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