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Property profile

6520 150th W St Apple Valley, MN 55124

OFF-MARKET
Strip malls
Property ID
US46-0500480
10,187 SF 2.64 ac lot Built 2004
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving three-building retail center in Apple Valley, Minnesota. Located at the southwest corner of County Road 42 and Flagstaff Avenue, the property boasts high visibility and significant foot traffic due to its strategic location and diverse tenant mix. The center comprises 25,600 square feet across three single-story buildings, offering a mix of established and available spaces. Currently, 1,960 square feet of retail space is available for lease, presenting a chance to expand your business or add a valuable tenant to this already successful center. The property features ample surface parking with 239 stalls, providing a convenient 9.3 spaces per 1,000 square feet of retail space. Major tenants include well-established businesses such as T-Mobile, Anytime Fitness, and El Azteca Mexican Restaurant, creating a strong and diverse tenant base. The property is situated in Dakota County, Minnesota, within the 55124 zip code, offering easy access to major transportation routes and a thriving community. This retail center represents a compelling investment opportunity in a desirable location with strong existing tenants and high potential for future growth. The property's excellent visibility and convenient parking make it an attractive destination for shoppers and businesses alike. Don't miss this chance to acquire a piece of Apple Valley's vibrant retail landscape.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Construction CONCRETE
Total area 10,187 SF
Lot 2.64 ac (114,998 SF)
APN 01-33302-01-010
UPID US46-0500480

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Restaurant
  • Medical Clinic
  • Dental Office
  • Dental Office

Location

6520 150th W St Apple Valley, MN 55124-6554
Apple Valley metro Census 60829 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M

Owner & transaction history

since 2014
4 recorded transactions
2019
Price N/A
2014
$4.6M
2009
$3.2M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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