Interstate Development
6390 Carlson Dr, Eden Prairie, MN 55346
Eden Prairie, Minnesota, United States
Address
City: Eden Prairie
Neighborhood: Oak Terrace
State: Minnesota
Postal Code: 55346
Country: United States
Business facts
Estimated annual revenue~$7.2M
Estimated employees~3
Annual payroll (2020)~$923.4K
In business since2016 (est.)
Based on reported payroll data
Contacts
Area statistics (55346)
Population18,048
Median household income$134,315
Source: US Census ACS
About
Interstate Development is located in Eden Prairie, Minnesota. This business is working in the following industry: Real Estate Developer.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a stable category (Real Estate Developer).
EstimateCategory trend: 2024, +1.9%
Revenue trend (modeled)
~$6.1M2019
~$6.6M2020
~$7.0M2021
~$7.2M2022
~$7.2M2023
~$7.2M2024
Modeled from official industry statistics+3.1%/yr since 201980% confidence band: ±42%
Property
Lot size0.85 acres
CountyHennepin
Parcel ownerCarlson Industrial Llc
Last sale$645.0K (1627776000000)
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$8.0K · 8 jobs reported
PPP loan (2020)$192.4K · 8 jobs reported · implies ~$923.4K annual payroll · $194.5K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Real Estate Developer in Minnesota | 314 | ~$1.1B | ~$3.6M | ~$776.6K | 4.7★ | 9.2× |
Category revenue trend2024: +1.9%2023: -8.8%2022: +6.6%2021: +18.6%Modeled from business-level estimates
Chain pressure208 chains expanding in this category, led by Laura, Liz Busjahn, L7 Flats (+1,846 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 104 | ~$609.7M | ~$5.9M | ~$1.1M | 876 | ~$107.9M | 6.2× |
| Real estate activities | 5 | ~$13.0M | ~$2.6M | — | 14 | — | — |
1 km area (all businesses): median from the 88 of 104 businesses with estimates
Estimate
Area conditions (55346)
Population18,048 ±1,096
Median household income$134,315 ±$13,519
Median home value$439,400
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS