Property profile

1820 Market Dr Stillwater, MN 55082

OFF-MARKET
Community centers
Property ID
US46-1058809
11,376 SF 0.95 ac lot Built 2000
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1820 Market Dr, Stillwater, MN 55082, a high-traffic area at the intersection of Highway 36 & Stillwater Boulevard. The Stillwater Marketplace comprises four buildings totaling 100,922 square feet on a 13.6-acre lot. Built between 1996 and 2000, the property features a mix of in-line and outlot retail spaces, with a current vacancy of 1,080 square feet. The available space is 2,400 square feet, representing a minimum divisible unit, with a maximum contiguous space also at 2,400 square feet. The property boasts excellent visibility and accessibility, benefiting from a fully signalized intersection at Stillwater Boulevard and Curve Crest Boulevard. Shadow anchored by Cub Foods and Target, this location ensures high foot traffic and strong brand recognition. The property's location along two of the area's busiest roads guarantees significant exposure to potential customers. This one-story property offers a unique opportunity for businesses seeking a prominent location in a thriving retail environment. The property consists of 2400 total suites. APN: 3203020330014 & 3203020330015.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2000
Total area 11,376 SF
Lot 0.95 ac (41,378 SF)
APN 32-030-20-33-0008
UPID US46-1058809

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
  • Dental Office
  • Restaurant
  • Dental Office
  • Dental Office
  • Gym & Fitness Center

Location

1820 Market Dr Stillwater, MN 55082-7580
Stillwater metro Census 70603 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2004
2 recorded transactions
2018
Price N/A
2004
$1.1M

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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