This exceptional business opportunity presents the acquisition of the Burnsville Pistol and Rifle Range, a well-established and profitable shooting facility located at 14300 Ewing Avenue S, Burnsville, Minnesota. The property encompasses a substantial 1.45-acre lot and a 12,248 square-foot building. The range boasts 18 state-of-the-art shooting lanes, specifically configured with 12 lanes for pistol shooting (25 yards) and 6 lanes for rifle shooting (46 yards). All lanes are equipped with advanced Meggitt/Caswell computerized operating systems, ensuring efficient and accurate operation. Beyond the shooting lanes, the building includes a sizable classroom ideal for training courses, a welcoming lobby area for customers, and six generously sized storage spaces for equipment and supplies. The asking price for this turnkey operation is $1,250,000. The property is currently operational and occupied
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,963,749
6.5%
$2,735,768
7%
$2,540,356
Comparable approach
Method
Valuation
Relative Method
$1,575,348
Geo Method
$1,575,348
Alternative Use
Use
Valuation
Residential
$2,307,723
Hospitality
$2,113,862
Educational
$1,758,708
Medical
$1,819,193
Retail
$2,735,768
Location Insight
City
Burnsville
County
Dakota
State
Minnesota
Latitude
44.7442
Longitude
-93.3281
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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