12425 River Ridge BlvdBurnsville, MN 55337

Property Details for 12425 River Ridge Blvd

Year built

2007

Construction

CONCRETE

Property size (Sq ft)

32,769 SF

Property type

Showrooms

APN

02-64200-05-001

APU

26420005001

Description

This exceptional 21,050-square-foot commercial property, located at 12425 River Ridge Blvd in Burnsville, Minnesota, presents a unique investment opportunity. The building, constructed in 2007, is classified as Class B and features a blend of executive office and flex space, making it ideal for a variety of uses, including education. The property sits on a 2.62-acre lot and boasts ample parking with 149 surface spaces. The interior is extensively built-out, offering immediate occupancy potential. The space is divisible, with the possibility of creating approximately 10,000-square-foot units. Its zoning designation is B-3 General Business, PUD, providing flexibility for various business types. Strategically located, the property offers easy access to major transportation arteries, including I-35W, Highway 13, and Nicollet Avenue, ensuring convenient commutes for employees and clients. Its proximity to the heart of Burnsville and Burnsville High School adds to its appeal. The property's Asset Property Number (APN) is 02-64200-05-002. This is an owner/user investment opportunity not to be missed.

• CAP approach

  CAP return

  Valuation

  6%

  $7,929,384

  6.5%

  $7,319,431

  7%

  $6,796,614

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,214,775

  Geo Method

  $4,214,775

• Alternative Use

  Use

  Valuation

  Residential

  $6,174,214

  Hospitality

  $5,655,547

  Educational

  $4,705,348

  Medical

  $4,867,172

  Retail

  $7,319,431

Location Insight

City

Burnsville

County

Dakota

State

Minnesota

Latitude

44.7783

Longitude

-93.2818

CBSA code

33460

CBSA name

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

Property Tax & Assessments

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