Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    631 Parkside Court Eagan, MN 55123

    View on Map
    Pending
    $150,000

    Lots & Land - Eagan, MN

    Lot size:
    0.58 Acres
    Added:
    Feb 10, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 1 at 5:06 pm

    Property Features for 631 Parkside Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential-Single Family
    Standard status
    Pending
    APN
    TBD
    Lot size
    0.58 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    943

    Building Details

    Year built
    2014
    Architectural style
    Other

    We can help!

    Listing Contact
    Patricia S. Gohman

    Listing agent Patricia S. Gohman

    Listing office Thorson Realty, Inc. 4466 Wedgewood Dr, Eagan, MN

    Listing date Feb 10, 2026

    MLS# 7019255 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Eagan

    This residential lot is located in Eagan, Minnesota. The property, situated in a cul-de-sac, spans 0.58 acres. It is zoned for single-family residential use. The lot is a walkout and is located one block from Lebanon Hills Trail Head. There is no HOA. The property is located within the 196 school district. The property is intended for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Pharmacy Auto Parts Store Department Store Kitchen & Bath Showroom Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eagan
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.1172615
    Latitude
    44.7775494

    Nearby Similar for Sale

    • $2,275,000

      Eagan Medical/Professional Office Building

      Well-maintained Eagan medical/professional office building with stable income.
      3340 Sherman Court, Eagan, MN 55121
      View Details
    • $775,000

      Eagan Commercial Building with Exposure

      Well-maintained commercial building with high visibility and ample parking.
      3345 Lexington Avenue S, Eagan, MN 55121
      View Details
    • $4,500,000
      10,018 SF

      Eagan Retail and Medical Center

      Stabilized Class A med-retail investment opportunity in Eagan, Minnesota.
      1992 - 2000 Rahncliff Court, Eagan, MN, 55122
      View Details
    • $586,800
      3,912 SF

      Eagan Freestanding Commercial Building

      Versatile commercial building in Eagan with redevelopment potential.
      4040 Nicols Rd, Eagan, MN
      View Details
    • $260,000

      Eagan Land Opportunity

      Vacant lot in Eagan's Parkside Circle neighborhood.
      4955 Parkside Circle, Eagan, MN 55123
      View Details
    • $290,000

      Residential Corner Lot in Eagan

      Corner lot in established neighborhood, convenient location.
      3998 Haven Woods Court, Eagan, MN 55123
      View Details
    • $260,000

      Residential Lot in Desirable Eagan

      Vacant lot in Eagan's Parkside Circle neighborhood, ideal for custom home.
      4978 Dodd Road, Eagan, MN 55123
      View Details
    • $359,900

      Eagan Wooded Lot Opportunity

      1.8 acre wooded lot in the heart of Eagan, Minnesota.
      Eriks Boulevard, Eagan, MN 55122
      View Details
    • $145,000

      Residential Land in Convenient Location

      Residential land in Eagan, MN, convenient location, secluded cul-de-sac.
      637 Remington Court, Eagan, MN 55123
      View Details
    • $145,000

      Residential Land in Eagan, MN

      Residential land for sale in a convenient Eagan location.
      617 Remington Court, Eagan, MN 55123
      View Details
    • $1,900,000
      5,056 SF

      Former Fire Station Opportunity

      Versatile building on 2.73 acres, ideal for medical space.
      4701 Galaxie Ave, Eagan, MN
      View Details
    • $8,900,000
      5,809 SF

      Eagan Office Space with Amenities

      Office space in Eagan with fitness centers and walking trails.
      930 Blue Gentian Rd, Eagan, MN
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large walkout cul-de-sac lot near Lebanon Hills Trail Head.
    Where is this residential land & home lot located?
    The property is located at 631 Parkside Court Eagan, MN.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Large walkout cul de sac lot offers plenty of space.; Located in the highly desirable 196 School District.; No HOA, providing freedom and flexibility.
    (612) 978-9136
    We can help!
    Listing Contact
    Patricia S. Gohman
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!