2525 White Bear AveMaplewood, MN 55109

Property Details for 2525 White Bear Ave

Year built

1988

Construction

WOOD FRAME

Lot size

3.00 AC

Property size (Sq ft)

19,087 SF

Property type

Gas stations

APN

11-29-22-22-0042

APU

112922220042

Description

This exceptional retail opportunity is located at 2525 White Bear Avenue N in Maplewood, Minnesota. Boasting a prime location directly across the parking lot from a Hy-Vee grocery store, this build-to-suit space offers unparalleled visibility and access to a high volume of daily traffic. The property sits on a generous 3.01-acre lot and comprises a total of 6,000 square feet, with 2,900 square feet currently available for development. The flexible design allows for a customized build-out to perfectly suit the tenant's specific needs and vision. This strategic location within a thriving business center places the property in close proximity to a variety of established businesses, including Caribou Coffee, Cub Foods, Target, Home Depot, and the aforementioned Hy-Vee. The high concentration of national and regional retailers in the immediate vicinity ensures a consistent flow of potential customers. This presents a unique chance to establish a successful retail presence in a highly desirable and well-established commercial area. The property's size and location make it ideal for a variety of retail uses, offering significant potential for growth and profitability. The asking price is $13 million. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $5,158,588

  6.5%

  $4,761,774

  7%

  $4,421,647

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,454,985

  Geo Method

  $2,454,985

• Alternative Use

  Use

  Valuation

  Residential

  $4,016,734

  Hospitality

  $3,679,307

  Educational

  $3,061,140

  Medical

  $3,166,418

  Retail

  $4,761,774

Location Insight

City

Maplewood

County

Ramsey

State

Minnesota

Latitude

45.0185

Longitude

-93.0214

CBSA code

33460

CBSA name

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

Property Tax & Assessments

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