925 County Rd 42nd W Burnsville, MN 55306-4497
Property profile & analytics
925 County Rd 42nd W Burnsville, MN 55306-4497
- Banks
- 4,489 SF
- 0.66 lot acres
Property ID
US46-1005406
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wells Fargo Bank / Bank / Loan Service
- Wells Fargo Home Mortgage - Jeff Kieffer / Loan Service / Bank
- Wells Fargo ATM / Atm
- Safe Chimney Sweep & Dryer Vent Cleaning / General Contractor / Renovation Specialist
- Wells Fargo Advisors / Financial Advisor
Property Details for 925 County Rd 42nd W
- Year built
- 1978
- Construction
- CONCRETE
- Lot size
- 0.66 lot acres
- Property size
- 4,489 SF
- Zone code
- R
- Property type
- Banks
- APN
- 02-15380-01-091
- APU
- 21538001091
Description
This exceptional investment opportunity presents a 0.36-acre drive-thru bank property in Burnsville, Minnesota, boasting a prime location on County Road 42 West, a thoroughfare averaging over 49,000 vehicles daily. The property, built in 1992, features a 35-year ground lease with Wells Fargo Bank, currently yielding a 4.75% cap rate and a net operating income (NOI) of $115,000. The lease, commencing March 3, 1992, expires February 28, 2027, leaving approximately 2.3 years remaining. The property benefits from its proximity to the I-35W on/off ramp (less than half a mile), which sees over 78,000 vehicles daily, providing exceptional access to downtown Minneapolis (15 miles north). Situated as an outparcel to the 1.1 million square-foot Burnsville Center mall (anchored by Macy's, JCPenney, and Dick's Sporting Goods), this location enjoys high visibility and benefits from the surrounding dense retail environment, including Costco, Target, Hobby Lobby, and many other national retailers. The property's strong performance is further supported by robust demographics, with an average household income of $128,626 and a population of 170,781 within a 5-mile radius. Bank deposits at this location totaled $246 million as of June 30, 2023. This is a rare opportunity to acquire a well-established, high-performing retail investment with a strong tenant and excellent location. The property is currently 100% occupied.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Burnsville
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.2911
- Latitude
- 44.7461
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$31,116
$431,500
$670,900
$1,102,400
-
$431,500
$670,900
$1,102,400
