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Office Building for Redevelopment
For Sale
$1,344,086

10297 Yellow Circle Dr, Minnetonka, MN 55343

Commercial property in Opus Park with redevelopment potential for multifamily, office, hotel, or entertainment uses.

Property Size11,352 SF
Price / SF$118.40
Days on Market90

Property Features for 10297 Yellow Circle Dr

General Information

Standard status Active
Size 11,352 SF
Property subtype Office
Listing Agency: CBRE - Minnesota
Listed By: James DePietro
Source: Cbre
Added: Jun 2 Changed: Aug 30 Last Checked: Aug 30 at 2:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Minnesota

Investment Insights

Based on property information with market context.

The property at 10297 Yellow Circle Dr is an office building containing 11,352 square feet. The existing asset is positioned in Opus Park and is identified for redevelopment consideration.

Potential redevelopment concepts stated for the property include multifamily, office, hotel, and entertainment uses. Its current office classification provides a clear starting point for evaluating the existing building alongside those alternative concepts.

Key Highlights

  • 11,352‑square‑foot office building
  • Located in Opus Park
  • Redevelopment concepts include multifamily, office, hotel, and entertainment uses

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Hair Salon Pharmacy HVAC Service Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

884
Businesses Nearby

Demographics for 55343, MN

26,307
Population
14,111
Households
1.9
Avg Household Size
38
Median Age
52%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,416
Density / Sq Mi
$82,415
Median Household Income
$54,823
Median Earnings
$1,427
Median Rent
$350,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Commercial property in Opus Park with redevelopment potential for multifamily, office, hotel, or entertainment uses.
Where is this office building located?
The property is located at 10297 Yellow Circle Dr Minnetonka, MN.
What is the asking price?
The asking price for this property is $1,344,086.
What are key features of this property?
This property features: 11,352‑square‑foot office building; Located in Opus Park; Redevelopment concepts include multifamily, office, hotel, and entertainment uses
More about this property
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