Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15700 37 Ave N Plymouth, MN

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available in Plymouth with exterior signage opportunities.

    Property size:
    2,789 SF
    Lot size:
    2.79 Acres

    Property Features for 15700 37 Ave N

    General Information

    Size
    2,789 SF
    Lot size
    2.79 Acres

    We can help!

    Listing Contact
    Anne Madyun
    Source: Moodyscre

    Listing Agent: Anne Madyun

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

    Learn more

    Overview

    Plymouth Office Space For Rent

    This property offers office space on the first and second floors. It benefits from strong area demographics and provides exterior signage opportunities. A spec suite is planned for the space. The location allows for convenient access to and from HWY 55 and I-494. The property size is 2789 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Plymouth
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4555093
    Latitude
    45.0105194

    Nearby Similar for Lease

    • $9 SF/Yr
      6,605 SF

      Remodeled Retail Space Near Brewery

      6,605 SF retail space near Luce Line Brewery.
      12901-12955 16 Ave N, Plymouth, MN
      View Details
    • Contact for pricing
      13,784 SF

      Plymouth Flex Space Available

      Flex space available for lease in Plymouth, Minnesota.
      111 Cheshire Ln, Plymouth, MN 55441
      View Details
    • Contact for pricing
      63,645 SF

      Carlson Business Center III

      Flex/light industrial/showroom space available January 1, 2026.
      131 Cheshire Ln N, Plymouth, MN 55441
      View Details
    • Contact for pricing
      327,100 SF

      Plymouth Warehouse/Lab Space Available

      First-class office, amenities, and warehouse/lab space in Plymouth, MN.
      1405 Xenium Ln N, Plymouth, MN 55441
      View Details
    • $8 SF/Yr
      60,000 SF

      Renovated Plymouth Warehouse Space Available

      50,000 SF warehouse space with 32' clear height.
      14600-14810 21 Ave N, Plymouth, MN
      View Details
    • $22 SF/Yr
      1,426 SF

      Professional Office Building For Rent

      Professional office building with suites and shared amenities available for rent.
      12800 Industrial Park Blvd, Plymouth, MN 55441
      View Details
    • Contact for pricing
      127,572 SF

      Plymouth Retail Center Investment Opportunity

      High-traffic retail space, two units available.
      10160 6Th Ave, Plymouth, MN 55441
      View Details
    • $10 SF/Yr
      56,925 SF

      Prime Flex Office Space, Hennepin County

      Single-story office, 10,890 sq ft available
      14601 27 Ave, Plymouth, MN 55447
      View Details
    • Contact for pricing
      204,076 SF

      Rockford Road Plaza Retail Space

      Plymouth Retail Center: 1,200 SF Available
      4190 Vinewood Ln, Plymouth, MN 55442
      View Details
    • Contact for pricing
      85,541 SF

      Plymouth Marketplace Retail Center

      High-traffic retail space available
      3525 Vicksburg Ln, Plymouth, MN 55447
      View Details
    • $24 SF/Yr
      5,180 SF

      Plymouth Office Space For Lease

      Prime office suites available in central Plymouth location.
      15655 37 Ave N, Plymouth, MN
      View Details
    • $22 SF/Yr
      30,000 SF

      Oakwood Square Retail Center

      Prime Retail Space, High Traffic Area
      1400 County Road 101, Plymouth, MN 55447
      View Details

    FAQs

    What type of property is this?
    Office space - Office space available in Plymouth with exterior signage opportunities.
    Where is this office space located?
    The property is located at 15700 37 Ave N Plymouth, MN.
    What are key features of this property?
    This property features: - Prime first and second floor space; - Easy access to and from HWY 55 and I-494; - Strong area demographics
    (612) 454-4172
    Request Owner's contact information
    15700 37 Ave N Plymouth, MN
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15700 37 Ave N
    Plymouth, MN
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    15700 37 Ave N Plymouth, MN
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Anne Madyun
    (612) 454-4172
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.