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    5939 Rice Creek Pkwy Shoreview, MN 55126

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    For Lease
    $12 SF/Yr ($12,385 /Mo)

    Office space with easy access to I-35W and retail.

    Property size:
    11,890 SF
    Lot size:
    4.02 Acres

    Property Features for 5939 Rice Creek Pkwy

    General Information

    Size
    11,890 SF
    Lot size
    4.02 Acres

    Source: Newmark Agent Jay Chmieleski

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

    Overview

    Shoreview Office Space For Rent

    This office space, totaling 11,890 square feet, is available for rent. The location provides easy access to I-35W via County Roads I and J. The property is situated near various retail shops, restaurants, and hotels. Building and monument signage is available. The property offers 212 surface parking stalls. It is also part of the Ramsey County Regional Trail System. Loading access can be made available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Shoreview
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1850289
    Latitude
    45.1217109

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    FAQs

    What type of property is this?
    Office space - Office space with easy access to I-35W and retail.
    Where is this office space located?
    The property is located at 5939 Rice Creek Pkwy Shoreview, MN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-35W; - Near many retail shops, restaurants and hotels; - 212 surface parking stalls
    (612) 275-3772
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    5939 Rice Creek Pkwy Shoreview, MN 55126
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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
    5939 Rice Creek Pkwy Shoreview, MN 55126
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