1820 Market DrStillwater, MN 55082

Property Details for 1820 Market Dr

Year built

2000

Lot size

0.95 AC

Property size (Sq ft)

11,376 SF

Property type

Community centers

APN

32-030-20-33-0008

APU

3203020330008

Description

This exceptional retail opportunity is located at 1820 Market Dr, Stillwater, MN 55082, a high-traffic area at the intersection of Highway 36 & Stillwater Boulevard. The Stillwater Marketplace comprises four buildings totaling 100,922 square feet on a 13.6-acre lot. Built between 1996 and 2000, the property features a mix of in-line and outlot retail spaces, with a current vacancy of 1,080 square feet. The available space is 2,400 square feet, representing a minimum divisible unit, with a maximum contiguous space also at 2,400 square feet. The property boasts excellent visibility and accessibility, benefiting from a fully signalized intersection at Stillwater Boulevard and Curve Crest Boulevard. Shadow anchored by Cub Foods and Target, this location ensures high foot traffic and strong brand recognition. The property's location along two of the area's busiest roads guarantees significant exposure to potential customers. This one-story property offers a unique opportunity for businesses seeking a prominent location in a thriving retail environment. The property consists of 2400 total suites. APN: 3203020330014 & 3203020330015.

• CAP approach

  CAP return

  Valuation

  6%

  $3,074,559

  6.5%

  $2,838,054

  7%

  $2,635,336

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,463,190

  Geo Method

  $1,463,190

• Alternative Use

  Use

  Valuation

  Residential

  $2,394,005

  Hospitality

  $2,192,896

  Educational

  $1,824,463

  Medical

  $1,887,210

  Retail

  $2,838,054

Location Insight

City

Stillwater

County

Washington

State

Minnesota

Latitude

45.0392

Longitude

-92.8422

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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