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    5501 Excelsior Blvd St Louis Park, MN 55416

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    For Sale
    $2,350,000

    Two-story office building with basement in St. Louis Park.

    Property size:
    11,088 SF
    Lot size:
    0.34 Acres

    Property Features for 5501 Excelsior Blvd

    General Information

    Size
    11,088 SF
    Lot size
    0.34 Acres

    Source: Transwestern Agent Michael Salmen

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

    Overview

    St. Louis Park Office Building

    This two-story office building, constructed in 1956 and renovated in 2001, offers a total area of 11,088 square feet, including a basement. Each floor, including the lower level, provides 3,696 square feet of space. The property is situated on a 0.59-acre lot, which is equivalent to 25,446 square feet. Parking is available at a ratio of 4.06 spaces per 1,000 square feet, based on the above-grade square footage. The property is zoned C1 and RC and is located in St. Louis Park, MN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Diversified Brokerage Services Insurance Agency Van Dusen George Insurance Agency FedEx Drop Box Mailing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    St Louis Park
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.3487564
    Latitude
    44.9300474

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    FAQs

    What type of property is this?
    Office building - Two-story office building with basement in St. Louis Park.
    Where is this office building located?
    The property is located at 5501 Excelsior Blvd St Louis Park, MN.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - Total building size of 11,088 SF across three levels.; - Substantial land area of 25,446 SF (.59 Acres).; - Ample parking with a ratio of 4.06/1,000 SF.
    (612) 359-1660
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    5501 Excelsior Blvd St Louis Park, MN 55416
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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
    5501 Excelsior Blvd St Louis Park, MN 55416
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