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    1 Meridian Crossings Richfield, MN

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    For Lease
    $26 SF/Yr

    Two Class A buildings totaling 383,000 RSF for single tenant.

    Property size:
    27,331 SF
    Lot size:
    4.98 Acres

    Property Features for 1 Meridian Crossings

    General Information

    Size
    27,331 SF
    Lot size
    4.98 Acres

    Source: Newmark Agent Steve Shepherd, SIOR

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

    Overview

    Class A Office Campus Setting

    This property features two Class A buildings totaling 383,000 rentable square feet. The location offers visibility, surrounding neighborhood convenience, and highway accessibility. On-site amenities contribute to a campus setting suitable for a single tenant user. The property contains 27,331 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Richfield
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2835137
    Latitude
    44.8735964

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    FAQs

    What type of property is this?
    Office building - Two Class A buildings totaling 383,000 RSF for single tenant.
    Where is this office building located?
    The property is located at 1 Meridian Crossings Richfield, MN.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Totaling 383,000 RSF of Class A office space.; - Unmatched visibility.; - Highway accessibility.
    (612) 430-9973
    Request Owner's contact information
    1 Meridian Crossings Richfield, MN
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    Richfield, MN
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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
    1 Meridian Crossings Richfield, MN
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