451 Burnsville PkwyBurnsville, MN 55337

  • Commercial real estate
  • 2,501 SF
For Sale
$395,000 View listing

Property Details for 451 Burnsville Pkwy

Year built
1986
Construction
CONCRETE
Lot size
0.79 AC
Property size (Sq ft)
2,501 SF
Zone code
R
Property type
Commercial real estate
APN
02-01300-22-034
APU
20130022034

Description

This exceptional 0.79-acre commercial land parcel, located at 451 Burnsville Parkway in Burnsville, Minnesota (zip code 55337), presents a remarkable investment opportunity. Priced at $395,000 ($11.47/SF), this shovel-ready site boasts a highly visible corner location with frontage along Burnsville Parkway, experiencing a daily traffic count exceeding 16,800 vehicles. Its strategic position offers easy access to I-35W, ensuring optimal exposure and convenience for any business. The property is ideally suited for build-to-suit development, accommodating a range of uses including medical, office, retail, restaurant, or banking establishments. The flexible space allows for development ranging from 1,500 to 8,400 square feet, making it suitable for single or multi-tenant occupancy. A drive-thru option is also possible. Public utilities are readily available on-site. This property benefits from its proximity to major transportation arteries, including Minneapolis and St. Paul, the Mall of America, and Minneapolis-St. Paul International Airport (approximately 13 minutes away). The surrounding area features a thriving mix of commercial and residential properties, guaranteeing a consistent flow of potential customers. This is a truly exceptional opportunity to establish a presence in a dynamic and rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $471,229
    Hospitality
    $431,643
    Educational
    $359,122
    Medical
    $371,473
    Retail
    $558,635

Location Insight

City
Burnsville
County
Dakota
State
Minnesota
Latitude
44.7693
Longitude
-93.2851
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
$6,472
$261,500
-
$261,500
-
$261,500
-
$261,500

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