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    FOR SALE
    Retail properties & Spaces

    9165 Cahill Ave, Inver Grove Heights, MN 55076

    141,090 SF 16.79 ac lot Built 2003
    Entity Owned 21-yr Hold Free & Clear
    Property ID
    US46-0226049
    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
    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
    $13.14M
    Blend (final) Blend
    $10.38M
    Owner & transaction history
    WALMART STORES INC
    WALMART STORES INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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