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    Property profile & analytics
    FOR LEASE
    Strip malls

    19645 Pilot Knob Rd, Farmington, MN 55024

    11,100 SF 1.55 ac lot Built 2007
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US46-0885388
    Property summary
    AI-generated overview

    Charleswood Marketplace, located at 19645 Pilot Knob Rd in Farmington, Minnesota, 55024, offers exceptional retail and office space for lease. This 11,000 square foot building, constructed in 2007, features multiple tenancies, ideal for a variety of businesses. Currently, there are 9,730 square feet of vacant space available, divisible into units ranging from a minimum of 1,849 square feet to a maximum contiguous space of 4,354 square feet. The property is well-suited for storefront retail, dental practices, or daycare centers, among other uses. Ample parking is provided with 62 spaces available for tenants and customers. The property's prime location in Farmington, Minnesota offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a thriving commercial environment. The building's modern design and functional layout provide a versatile space adaptable to various business needs. This is a unique opportunity to secure high-quality commercial space in a desirable location. Contact us today to learn more about leasing opportunities at Charleswood Marketplace.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2007
    Construction CONCRETE
    Total area 11,100 SF
    Lot 1.55 ac (67,518 SF)
    APN 14-16800-01-010
    UPID US46-0885388
    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
    • Pizza Hut Take-out & Catering
    • Family Vision Clinic Physician
    • The Club House High School Daycare Center
    • Dr. Pamela Rupnow Physician
    • The Club House Childcare and Preschool Daycare Center Foster Care Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.34M
    Owner & transaction history
    Fargo Northern LLC · 7 yrs held
    Fargo Northern LLC
    since 2018
    3 recorded transactions
    2018
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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