Office
For Sale
Contact for pricing
1063 Weir Dr, Woodbury, MN 55125
The unit is offered for sale at 1063 Weir Drive.
Property Size3,148 SF
Price / SF$243.01
Days on Market11
Property Features for 1063 Weir Dr
General Information
Standard status
Active
Size
3,148 SF
Property subtype
OFFICE
Listing Agency:
KW Commercial Minneapolis
(612) 821-7400
Listed By:
Chad Heer, CCIM · License #40427410
(612) 963-5147
Source:
Moodyscre
Added: Sep 25
Changed: Oct 3
Last Checked: Oct 4 at 8:47AM
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 KW Commercial Minneapolis
Investment Insights
Based on property information with market context.
Condo 200 is an office unit with 3,148 square feet. The property is located at 1063 Weir Drive in Woodbury, Minnesota 55125 and is offered for sale.
Key Highlights
- 3,148‑square‑foot office unit
- Located at 1063 Weir Dr, Woodbury, MN 55125
- Offered for sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,668
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,360
$873.4K
Cap Rate 7%
$623,829
$623.8K
Cap Rate 9%
$485,200
$485.2K
Market Conditions
NOI Build-Up for 3,148 SF
Gross rent
$78.6K $24.96/SF
− Vacancy
−$20.4K −$6.46/SF
EGI
$58.2K $18.50/SF
− OpEx
−$14.6K −$4.62/SF
NOI
$43.7K $13.87/SF
Area
Washington County, MN
Vacancy
25.90%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,360
Cap Rate 7%
$623,829
Cap Rate 9%
$485,200
Alternative Uses
Best Use
Office B
$623.8K
$545.9K – $727.8K
NOI $43,668 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$874.4K
$765.1K – $1.02M
NOI $61,209 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,118
Businesses Nearby
Explore this area
Business Placement
Demographics for 55125, MN
43,846
Population
17,682
Households
2.5
Avg Household Size
39
Median Age
59%
College-Educated
98%
High-School Grad
15.3 sq mi
ZIP Area
2,866
Density / Sq Mi
$118,129
Median Household Income
$59,102
Median Earnings
$1,805
Median Rent
$396,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - The unit is offered for sale at 1063 Weir Drive.
Where is this office units located?
The property is located at 1063 Weir Dr Woodbury, MN.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: 3,148‑square‑foot office unit; Located at 1063 Weir Dr, Woodbury, MN 55125; Offered for sale
