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    Property profile & analytics
    OFF-MARKET Estimated value $995,000
    Strip malls

    2233 Energy Park Dr, Saint Paul, MN 55108-1533

    10,000 SF 1.44 ac lot Built 1991
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US46-0763169
    Property summary
    AI-generated overview

    Park Crossing, a single-story, 10,000 square foot retail center built in 1991, offers a 1,193 square foot vacant space ideal for a bakery or similar retail use. Located at 2233 Energy Park Dr, Saint Paul, MN 55108, this property benefits from its location in the St. Anthony Park neighborhood, near the University of Minnesota's St. Paul campus and within a half-mile of Highway 280. The center enjoys high visibility at the corner of Energy Park Drive and Raymond Avenue, and benefits from significant traffic generated by two million square feet of nearby office space. Park Crossing features a design that complements the surrounding residential community, using clapboard siding, white trim, and a pitched roof. The center is anchored by Winner Gas and Bruegger's Bagels and boasts several long-term tenants, demonstrating its appeal and stability. Ample parking is available with a ratio of 6.8 spaces per 1,000 square feet. This opportunity presents a chance to establish a business in a thriving, well-established retail center within a desirable Saint Paul neighborhood in Ramsey County.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1991
    Total area 10,000 SF
    Lot 1.44 ac (62,726 SF)
    Zoning code Q
    APN 29-29-23-12-0080
    UPID US46-0763169
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.36M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $995k
    Owner & transaction history
    Park Crossing INC
    Park Crossing INC
    5 recorded transactions
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Q · Saint Paul, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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