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    823 Meander Ct Medina, MN 55340

    Sponsored
    For Sale
    $1,400,000

    Own Your Medina Office Building!

    Property size:
    4,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    Exceptional investment or owner-occupancy opportunity in Medina, MN's prestigious Rolling Green Business Center. This 4,800 square foot office building site presents the last available lot at this price point. Ideally situated near Highway 55, adjacent to the Medina Country Club, and surrounded by thriving residential areas, this property offers unparalleled access and visibility. The flexible zoning allows for business services, retail, or medical uses, making it perfect for a variety of businesses. The building can be designed to accommodate one to three separate office condos, providing significant versatility for both investors and owner-occupants. This presents a unique chance to build for resale or to create income-generating rental units. The lot is slab-on-grade, simplifying construction and reducing costs. The strategic location within the Rolling Green Business Center ensures a strong return on investment, given the surrounding residential growth and convenient access to major transportation routes. Don't miss this rare chance to secure a prime commercial property in a highly desirable Medina location. Further details regarding the Rolling Green Business Center are readily available upon request. Priced at $1,400,000.

    Property Features for 823 Meander Ct

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,800 SF

    Building Details

    Year Built
    2003
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Medina
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.54357
    Latitude
    45.05206

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    FAQs

    What type of property is this?
    Office Property / Space - Own Your Medina Office Building!
    Where is this office property / space located?
    The property is located at 823 Meander Ct Medina, MN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (952) 473-3000
    Request Owner's contact information
    823 Meander Ct Medina, MN 55340
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    Medina, MN 55340
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    Realmo Value Estimation

    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.

    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.

    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
    823 Meander Ct Medina, MN 55340
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