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    16250 Duluth Ave SE Prior Lake, MN 55372

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    For Lease
    $17 SF/Yr ($14,166 /Mo)

    Office space for rent in Prior Lake redevelopment area.

    Property size:
    10,000 SF
    Lot size:
    1.36 Acres

    Property Features for 16250 Duluth Ave SE

    General Information

    Size
    10,000 SF
    Lot size
    1.36 Acres

    Source: RE/MAX Advantage Plus - Savage Agent Eric Malmberg

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

    Overview

    Office Space Near Downtown

    This office space is located in the second phase of an established development, situated blocks from the lake and within the new downtown redevelopment area of Prior Lake, Minnesota. The property offers an opportunity to join several successful businesses. New walkways and aesthetic enhancements are planned for completion in late 2019 or early 2020. The property offers 10000 square feet of space suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Universal Masonry Contractors Concrete Contractor Bell Bank Mortgage, ... Mortgage Lender Bell Bank Mortgage, ... Mortgage Lender Bell Bank Mortgage, ... Mortgage Lender Olson Dental Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Prior Lake
    County
    Scott
    State
    Minnesota
    Longitude
    -93.4294456
    Latitude
    44.7145019

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    FAQs

    What type of property is this?
    Office space - Office space for rent in Prior Lake redevelopment area.
    Where is this office space located?
    The property is located at 16250 Duluth Ave SE Prior Lake, MN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Located within the new downtown redevelopment area; - Part of a successful business development; - Close proximity to Prior Lake
    (952) 226-7700
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    16250 Duluth Ave SE Prior Lake, MN 55372
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    Prior Lake, MN 55372
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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
    16250 Duluth Ave SE Prior Lake, MN 55372
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