2520 Larpenteur AveLauderdale, MN 55113

Property Details for 2520 Larpenteur Ave

Year built

1948

Lot size

0.68 AC

Property size (Sq ft)

14,260 SF

Property type

Office buildings

APN

20-29-23-22-0041

APU

202923220041

Description

This exceptional business opportunity presents a substantial 14,335-square-foot commercial property ideally situated at 2520 Larpenteur Avenue West in Lauderdale, Minnesota. The property sits on a sizable 0.68-acre lot, offering ample space for various business ventures. Its prime location ensures high visibility and accessibility, making it an attractive proposition for a wide range of commercial uses. The asking price is $1,750,000. The substantial square footage provides significant flexibility for development and customization to suit specific business needs. This presents a rare chance to acquire a well-positioned commercial property in a thriving area. The property's size and location offer significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding zoning and potential uses are available upon request. This is a turnkey opportunity for an ambitious entrepreneur or established business seeking expansion. The property's strategic location within Lauderdale ensures convenient access to major transportation routes and a strong local customer base. Don't miss this chance to secure a prime commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,621,775

  6.5%

  $2,420,100

  7%

  $2,247,236

• Comparable approach

  Method

  Valuation

  Relative Method

  $727,830

  Geo Method

  $727,830

• Alternative Use

  Use

  Valuation

  Residential

  $3,000,924

  Hospitality

  $2,748,830

  Educational

  $2,286,994

  Medical

  $2,365,648

  Retail

  $3,557,547

Location Insight

City

Lauderdale

County

Ramsey

State

Minnesota

Latitude

44.9913

Longitude

-93.2066

CBSA code

33460

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].