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Property profile & analytics

1650 Market Dr Stillwater, MN 55082-7575

  • Commercial land
  • 22,892 SF
  • 0.92 lot acres
OFF-MARKET
Last Sale
May 12, 2022
$2,410,000
Value Estimations
$2,125,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US46-0095511
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

  • Pedego Electric Bikes Stillwater / Bicycle Rental Service / Bicycle Repair Shop
  • G-Force Fitness / Gym

Property Details for 1650 Market Dr

Year built
2001
Lot size
0.92 lot acres
Property size
22,892 SF
Property type
Commercial land
APN
32-030-20-32-0032
APU
3203020320032

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,050,000
    ML approach
    $1,965,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,791,000
    Market price range: $1.79M - $5.81M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $3,470,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Stillwater
County
Washington
State
Minnesota
Longitude
-92.8401
Latitude
45.0415
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
2023
$12,040
$400,100
$0.00
$400,100
-
$400,100
$0.00
$400,100
More about this property
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