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Property profile & analytics
OFF-MARKET
Commercial real estate

6200 56th N Ave Crystal, MN 55429-3170

1.84 ac lot Built 1970
Entity Owned 2-yr Hold Free & Clear
Property ID
US46-0576134
Property summary
AI-generated overview

Crystal Crossing offers 5,000 square feet of retail space in a highly visible location at the northwest corner of a major intersection in the Crystal/New Hope area of Hennepin County, Minnesota. Built in 1970, this multi-tenant property boasts a strong existing tenant mix, including a well-established daycare and liquor store, ensuring consistent foot traffic and a vibrant atmosphere. The property benefits from exceptional visibility from Highway 81, a major thoroughfare with nearly 30,000 vehicles passing daily, providing unparalleled exposure for your business. This prime retail space presents a unique opportunity to establish or expand your presence in a thriving community. The 5,000 square feet of vacant space offers significant potential for a variety of retail uses, capitalizing on the high volume of traffic and the existing synergy with complementary businesses. The location's strategic placement at the most trafficked corner in the Crystal/New Hope area guarantees maximum visibility and accessibility for customers. This is an exceptional opportunity to secure a prominent retail space in a well-established and high-traffic location. The property's existing tenants contribute to a bustling and successful commercial environment, creating a supportive and thriving business community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Construction STEEL FRAME
Lot 1.84 ac (80,198 SF)
APN 04-118-21-32-0105
UPID US46-0576134
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gutierrez1224 LLC · 2 yrs held
Gutierrez1224 LLC
since 2024
3 recorded transactions
2024
Price N/A
2022
Price N/A
2020
$500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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