Property profile

1650 Market Dr Stillwater, MN 55082

OFF-MARKET
Commercial land
Property ID
US46-0095511
22,892 SF 0.92 ac lot Built 2001
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Gym & Fitness Center

Location

1650 Market Dr Stillwater, MN 55082-7575
Stillwater metro Census 70603 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2022
Last sale
$2.4M
1 recorded transaction
2022
$2.4M

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1650 Market Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message