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    123 N 3Rd St Minneapolis, MN 55401

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    For Lease
    $15 SF/Yr ($5,068 /Mo)

    Office space featuring on-site parking, fitness center, and bike storage.

    Property size:
    4,055 SF
    Lot size:
    0.48 Acres

    Property Features for 123 N 3Rd St

    General Information

    Size
    4,055 SF
    Lot size
    0.48 Acres

    Source: Cushman & Wakefield Agent Thomas Tracy

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

    Overview

    Office Space with Prime Amenities

    This office space offers on-site surface building parking and executive heated parking. Property management is also located on-site. The location provides immediate access to interstates and is within walking distance of light rail and the skyway. The building features operable windows and an updated lobby and corridors. Additional amenities include indoor bike storage and a fitness center. The property encompasses 4055 square feet and is located in Minneapolis, MN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cinemotion Video Production Service Countrywide Tire & Rubber Wholesaler Punch Through Software Company Drip Corporate Office Parker Daniels Kibort, ... General Practice Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2725979
    Latitude
    44.9824345

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    FAQs

    What type of property is this?
    Office space - Office space featuring on-site parking, fitness center, and bike storage.
    Where is this office space located?
    The property is located at 123 N 3Rd St Minneapolis, MN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Immediate access to interstates for easy commuting.; - Walk to light rail for convenient transportation.; - Walk to skyway.
    (952) 831-1000
    Request Owner's contact information
    123 N 3Rd St Minneapolis, MN 55401
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    Minneapolis, MN 55401
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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
    123 N 3Rd St Minneapolis, MN 55401
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