Property profile

9165 Cahill Ave Inver Grove Heights, MN 55076

FOR SALE
Retail properties & Spaces
Property ID
US46-0226049
141,090 SF 16.79 ac lot Built 2003
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.62-acre commercial land parcel presents a prime investment opportunity in Inver Grove Heights, Minnesota. Strategically located at 9165 Cahill Avenue, this property boasts unparalleled visibility from Highway 55, ensuring high traffic exposure for any commercial development. The site is classified as commercial land and is situated in Dakota County, zip code 55076. Its location offers significant advantages, with the surrounding area demonstrating strong demographics. Average household incomes in the vicinity exceed $100,000, indicating a robust consumer base with significant purchasing power. The property's size and location make it ideal for a variety of commercial uses, providing ample space for development and maximizing return on investment. This outlot's proximity to a Walmart store further enhances its appeal, benefiting from the significant foot traffic and established retail presence. The property's coordinates are 44.81491263 latitude and -93.04171588 longitude. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving community. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2003
Construction STEEL FRAME
Total area 141,090 SF
Lot 16.79 ac (731,372 SF)
APN 20-11900-01-010
UPID US46-0226049

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
  • Locksmith (Bike/Boat/Book/etc) Store
  • Bank Credit Union
  • Landscaping General Contractor
  • Pharmacy
  • Department Store

Location

9165 Cahill Ave Inver Grove Heights, MN 55076
Inver Grove Heights metro Census 60509 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
$13.14M
Blend (final) Blend
$10.38M

Owner & transaction history

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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