Burnsville Office Building For
14551 Judicial Rd Burnsville, MN 55306
For Sale
Contact for pricing
18,880 SF office building available in Burnsville, Minnesota.
Property Size18,880 SF
Price / SF$156.25
Days on Market671
Property Features for 14551 Judicial Rd
General Information
Standard status
Active
Size
18,880 SF
Property subtype
Office
Building Details
Year Built
1999
Listing Agency:
Cerron Properties
Listed By:
Rocky Ranch · License #MN
Source:
Crexi
Added: Sep 27, 2024
Changed: Jul 6
Last Checked: Jul 27 at 4:41PM
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 Cerron Properties
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with a total size of 18,880 square feet. The property is located in Burnsville, Minnesota and is currently listed for sale.
Key Highlights
- Built in 1999
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $421.4k | $22.32 |
| − Vacancy | −$109.1k | −$5.78 |
| EGI | $312.3k | $16.54 |
| − OpEx | −$78.1k | −$4.13 |
| NOI | $234.2k | $12.40 |
18,880 SF · lease $22.32/SF/yr · vacancy 25.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.35M
$2.93M – $3.90M
NOI $234,194 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$4.65M
$4.07M – $5.42M
NOI $325,227 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 18,880 SF office building available in Burnsville, Minnesota.
Where is this office building located?
The property is located at 14551 Judicial Rd Burnsville, MN.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Built in 1999
