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Property profile & analytics
OFF-MARKET Estimated value $5,445,000
Outlet malls

8301 3rd N St Oakdale, MN 55128-5440

46,563 SF 4.45 ac lot Built 2005
Entity Owned 6-yr Hold Free & Clear
Property ID
US46-0953801
Property summary
AI-generated overview

This exceptional 1.5-acre industrial land parcel presents a unique investment opportunity in Oakdale, Minnesota. Located at 8301 - 8368 3rd St N, 55128, this single-tenant site offers 65,340 square feet of buildable land within Washington County. The property is zoned for up to 16,500 square feet of development, making it ideal for a variety of industrial uses. Situated within the established Oakdale Village retail center, this outlot benefits from high visibility and significant consumer traffic. The center boasts high-quality construction and attractive landscaping features, including water fountains and a creek frontage. Strong shadow anchors such as Best Buy, Burlington, HomeGoods, Red Lobster, and Olive Garden provide a robust retail environment and draw substantial traffic from the surrounding area. The property's convenient location offers easy access to Interstate 94, enhancing its accessibility and logistical advantages. This is a rare opportunity to acquire a well-positioned industrial land parcel in a thriving retail environment. The site's size and zoning regulations provide flexibility for various development plans, making it an attractive proposition for investors and developers alike.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2005
Total area 46,563 SF
Lot 4.45 ac (193,842 SF)
APN 33-029-21-34-0031
UPID US46-0953801
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
Current use
Occupant on record · Public records
  • Magnolia Electronics & Wireless Store
  • Verizon Wireless at Best Buy Mobile Phone Store Electronics & Wireless Store
  • Geek Squad Tech Support Center (Bike/Boat/Book/etc) Store
  • Best Buy Electronics & Wireless Store
  • Oakdale Village Shopping Center Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.45M
Owner & transaction history
Rcg - Oakdale Mn LLC · 6 yrs held
Rcg - Oakdale Mn LLC
since 2019
4 recorded transactions
2019
$500
2019
$25.3M
2010
$24.6M
2007
$9.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $8.3M +1.9%
Commercial (general) $8.2M +1.0%
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