2850 Cutters Grv Ave Unit Anoka, MN 55303
- Commercial real estate
- 15,420 SF
- 2.94 lot acres
Current Use by Public Records
- ACR Homes / Assisted Living Facility
- Closed / Construction Company / Real Estate Agency
- HearingLife of Anoka MN / Hearing Aid Store / Doctor
- Green Amethyst Art Therapy / Mental Health Service
- ATM / Atm
Property Details for 2850 Cutters Grv Ave Unit
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.94 lot acres
- Property size
- 15,420 SF
- Property type
- Commercial real estate
- APN
- 02-31-25-11-0037
- APU
- 23125110037
Description
This exceptional 1,149 square foot Class A executive office suite is the last remaining space in a prestigious two-story building at 2850 Cutters Grove Avenue. Boasting a prime location at the southwest corner of the newly constructed Highway 10/Cutters Grove/Thurston freeway interchange, this suite offers unparalleled visibility and convenient access. The suite features a private entrance, direct access, and nearly exclusive use of a section of the parking lot, providing exceptional convenience for clients and employees. The 15,525 square foot building, constructed in 2005, also houses a strong mix of established businesses including CorTrust Bank, Hearing Life, LGI Homes, Norris Lake Retirement Planning, Restoring Wellness, All Things Insurance, and Edward Jones, ensuring a thriving and professional environment. The building offers a total of 52 parking spaces and one elevator, serving nine total suites. The 2.94-acre lot (128,066 square feet) is zoned for business/commercial use. Minimum divisible space is 900 square feet, with a maximum contiguous space of 1,149 square feet. Don't miss this opportunity to secure the last available suite in this highly sought-after location. The building's prominent position along the main thoroughfare provides excellent street visibility and easy access to Highway 10, placing your business in the heart of a bustling commercial area near Kwik Trip, Culvers, McDonald's, and other established businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,135,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,025,000
- 6.5%
- $1,105,000
- 7%
- $950,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $970,000
- Geo Method
- $960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,230,000
- Retail
- $1,155,000
- Mixed-Use
- $1,080,000
- Hospitality
- $1,225,000
- Educational
- $935,000
- Residential Income
- $1,200,000
- Energy
- $1,100,000
- Income-Based Land
- $1,180,000
- Food Service
- $980,000
Location Insight
- Map
- Local Demand
- City
- Anoka
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.4129
- Latitude
- 45.2107
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
