3150 Park DrBurnsville, MN 55306

Property Details for 3150 Park Dr

Year built

1994

Construction

CONCRETE

Lot size

1.50 AC

Property size (Sq ft)

6,260 SF

Zone code

R

Property type

Day care centers & nurseries

APN

02-71000-01-070

APU

27100001070

Description

Exceptional investment opportunity in Burnsville, MN. This established childcare center boasts 6,260 square feet on a 1.5-acre lot and is fully licensed to accommodate 99 children. The facility features seven spacious classrooms designed to cater to various age groups: 16 infants, 28 toddlers, 45 preschoolers, and 10 school-aged children. Beyond the classrooms, the property includes a dedicated office for administrative tasks, a convenient breakroom for staff, and a specially equipped baby room ensuring the highest level of care. A sizable outdoor playground provides ample space for children's recreation and development. The property's established clientele and operational history present a compelling investment opportunity with significant potential for growth and return. The center's current licensing and established infrastructure minimize the need for extensive renovations or upgrades, allowing for a seamless transition for new ownership. This turnkey operation offers a rare chance to acquire a profitable and well-regarded childcare facility in a thriving community. The 1.5-acre lot provides ample space for potential expansion or future development, adding further value to this exceptional investment. This is a unique opportunity to own a successful and established business in a high-demand market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,007,280

  6.5%

  $929,796

  7%

  $863,382

• Comparable approach

  Method

  Valuation

  Relative Method

  $367,437

  Geo Method

  $367,437

• Alternative Use

  Use

  Valuation

  Residential

  $1,179,486

  Hospitality

  $1,080,403

  Educational

  $898,883

  Medical

  $929,796

  Retail

  $1,398,262

Location Insight

City

Burnsville

County

Dakota

State

Minnesota

Latitude

44.742

Longitude

-93.3201

CBSA code

33460

CBSA name

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

Property Tax & Assessments

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