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Property profile & analytics
OFF-MARKET Estimated value $1,125,000
Strip malls

6520 150th W St Apple Valley, MN 55124-6554

10,187 SF 2.64 ac lot Built 2004
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US46-0500480
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
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M
Owner & transaction history
Pinnacle Ridge LLC · 12 yrs held
Pinnacle Ridge LLC
since 2014
4 recorded transactions
2019
Price N/A
2014
$4.6M
2009
$3.2M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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