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    2000 Old County Rd 34th Pl Burnsville, MN 55337-6661
    Property profile & analytics

    2000 Old County Rd 34th Pl Burnsville, MN 55337-6661

    View on Map
    • Retail space
    • 4,766 SF
    • 3.79 lot acres
    Off-Market
    Property ID
    US46-0439768
    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.
    Value Estimations
    $655,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Public Storage / Storage Facility
    • Premier Insurance Group Agency LLC / Insurance Agency
    • Rhode Pro Academy / Training Center
    • CL Floors / General Contractor / Renovation Specialist

    Property Details for 2000 Old County Rd 34th Pl

    Year built
    1988
    Lot size
    3.79 lot acres
    Property size
    4,766 SF
    Property type
    Retail space
    APN
    02-01400-19-015
    APU
    20140019015

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $415,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $840,000
      6.5%
      $775,000
      7%
      $720,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $680,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $945,000
      Change: +39% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $815,000
      Change: +20% Conversion: Difficult
      WAREHOUSE, STORAGE
      $725,000
      Change: +7% Conversion: Difficult
      OFFICE BUILDING
      $545,000
      Change: -20% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.3067
    Latitude
    44.7724
    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
    $76,362
    $902,100
    $1,761,500
    $2,663,600
    -
    $902,100
    $1,761,500
    $2,663,600

    Comparable in this City

    • Value Estimation
      $1,545,000
      15,332 SF

      1451 Riverwood Dr

      RETAIL STORES (PERSONAL SERVICES) • 15,332 SF
      1451 Riverwood Dr, Burnsville, MN 55337-1556
      View Details
    • Value Estimation
      $2,990,000
      31,069 SF

      888 County Rd 42nd W

      RETAIL STORES (PERSONAL SERVICES) • 31,069 SF
      888 County Rd 42nd W, Burnsville, MN 55337-4426
      View Details
    • Value Estimation by Request
      3,120 SF

      13001 County Rd 5th 5

      RETAIL STORES (PERSONAL SERVICES) • 3,120 SF
      13001 County Rd 5th 5, Burnsville, MN 55337-2226
      View Details
    • Value Estimation by Request
      4,588 SF

      2000 Burnsville Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 4,588 SF
      2000 Burnsville Pkwy, Burnsville, MN 55337-4236
      View Details
    • Value Estimation
      $1,770,000
      14,313 SF

      950 County Rd 42nd W

      RETAIL STORES (PERSONAL SERVICES) • 14,313 SF
      950 County Rd 42nd W, Burnsville, MN 55337-4428
      View Details
    • Value Estimation
      $2,375,000
      20,736 SF

      50 County Rd 42nd E

      RETAIL STORES (PERSONAL SERVICES) • 20,736 SF
      50 County Rd 42nd E, Burnsville, MN 55337-5720
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      33,350 SF

      Burnsville Industrial/Retail Opportunity For Sale

      33,350 SF industrial/retail building on 1.96 acres for sale.
      3200 Highway 13 W, Burnsville, MN 55337
      View Details
    • Contact for pricing

      Retail Space Available For Sale

      Retail space for sale, to be vacated upon purchase.
      1451 Riverwood Dr, Burnsville, MN 55337
      View Details
    • Contact for pricing
      15,352 SF

      Highway Frontage Commercial Building

      15,352 SF mixed-use building with highway visibility in Burnsville.
      2401 Highway 13 W, Burnsville, MN 55337
      View Details
    • Contact for pricing
      6,175 SF

      NNN Leased Retail Investment Property

      Retail property with a long-term absolute NNN lease.
      100 Cobblestone Ln, Burnsville, MN 55337
      View Details
    • Contact for pricing
      90,915 SF

      Retail Center Anchored by Furniture

      Multitenant retail center in established Burnsville retail trade area.
      14270 Plymouth Ave, Burnsville, MN 55337
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    • $199,900
      1,663 SF

      Burnsville Industrial Space - For Sale

      Office/Warehouse, 1663 sq ft, Great Location
      1301 Cliff Rd, Burnsville, MN 55337
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,700 SF

      New Retail Space on Corner

      New construction retail space with high visibility in Burnsville.
      1404 Cty Rd 42 W, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,501 SF

      Retail Space Available For Lease

      1,648 SF retail space available for lease.
      250-284 E Travelers Trl, Burnsville, MN 55337
      View Details
    • Contact for pricing
      2,000 SF

      Burnsville Retail Space Available

      2000 SF retail space for rent in Burnsville.
      14001 Aldrich Ave S, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,163 SF

      Retail Space with Ample Parking

      Retail space in Burnsville CBD with parking and great access.
      12700 Nicollet Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,289 SF

      Retail Space I-35W Corridor

      Highly visible retail space in Burnsville, shadow-anchored by Home Depot.
      14001-14033 Grand Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,345 SF

      Retail Space in Burnsville Corridor

      Retail space with high visibility in Burnsville, Minnesota.
      13953-13976 Grand Ave, Burnsville, MN 55337
      View Details

    Property Visit Statistics

    • Visits by month
      1.4k
    • Visitors by month
      1.1k
    • Avg Time on site
      43 min
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    Burnsville, MN 55337-6661
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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