13601 Ridgedale DrMinnetonka, MN 55305

  • Commercial real estate
  • 30,080 SF
For Lease

Property Details for 13601 Ridgedale Dr

Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.28 AC
Property size (Sq ft)
30,080 SF
Zone code
PID
Property type
Commercial real estate
APN
03-117-22-31-0036
APU
311722310036

Description

Ridgewood Center, a premier retail property in Minnetonka, Minnesota, offers exceptional opportunities for businesses seeking high-visibility locations. This 30,000 square foot retail strip center is situated at 13601 Ridgedale Dr, 55305, within the highly desirable Ridgedale Trade Area, a key shopping destination in the western suburbs. The property boasts convenient access via I-394 frontage, ensuring excellent visibility and accessibility for customers. Multiple tenancy options are available, with spaces ranging from a minimum of 2,500 square feet to a maximum contiguous space of 12,000 square feet, providing flexibility for various business needs. The Hennepin County location (APN: 03-117-22-31-0036) offers a strong market presence and access to a substantial consumer base. This is an ideal opportunity for businesses seeking a prime retail location within a thriving commercial area. The property is currently available for lease. Interested parties should inquire for further details and availability. The property's strategic location and flexible space options make it an attractive investment for businesses seeking to establish or expand their presence in the vibrant Minnetonka market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,330,140
    Hospitality
    $5,798,374
    Educational
    $4,824,179
    Medical
    $4,990,090
    Retail
    $7,504,278
13601 Ridgedale Dr, Minnetonka, Minnesota

Location Insight

City
Minnetonka
County
Hennepin
State
Minnesota
Latitude
44.97
Longitude
-93.452
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
$201,573
$1,889,000
$5,046,000
$6,935,000
-
$1,889,000
$5,046,000
$6,935,000

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