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    2677 Bunker Lake Blvd NW Andover, MN 55304

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    For Sale
    $5,219,128

    Single tenant office building in a growing Minnesota community.

    Property size:
    13,600 SF
    Lot size:
    1.57 Acres

    Property Features for 2677 Bunker Lake Blvd NW

    General Information

    Size
    13,600 SF
    Lot size
    1.57 Acres

    Source: Inventure Real Estate Agent Cameron Cropsey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Building Andover

    This Class A office building is located in Andover, Minnesota, with frontage on Bunker Lake Boulevard, which sees over 15,000 vehicles per day. The property is a single-tenant, state-of-the-art office building. Andover is located in Anoka County, which has been ranked as one of the top 10 fastest-growing counties in Minnesota since 2010. The property is suitable for the residential real estate business. The building has a property size of 13,600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Clothing Store Department Store Kitchen & Bath Storage Facility Electrical Service Furniture Store Daycare Center Women's Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.201622
    Latitude
    45.22249

    Nearby Similar for Sale

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      Andover Station Office Condo

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    • $475,000
      0.05 Acres

      Retail Space on Bunker Lake

      Retail space with monument signage and high traffic counts.
      3368 Bunker Lake Blvd NW, Andover, MN 55304
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    • $499,900
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      Andover Office Building - Great Location!

      Prime Andover Office, High Traffic Area, Two Units.
      3368 Bunker Lake Blvd, Andover, MN 55304
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    FAQs

    What type of property is this?
    Office building - Single tenant office building in a growing Minnesota community.
    Where is this office building located?
    The property is located at 2677 Bunker Lake Blvd NW Andover, MN.
    What is the asking price?
    The asking price for this property is $5,219,128.
    What are key features of this property?
    This property features: - Single tenant, Class A office building.; - Located in Andover, Minnesota.; - Tenant is Re/Max Results, the largest/most productive Re/Max franchise in the U.S.
    (952) 594-5616
    Request Owner's contact information
    2677 Bunker Lake Blvd NW Andover, MN 55304
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    Andover, MN 55304
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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
    2677 Bunker Lake Blvd NW Andover, MN 55304
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