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

    8550 N Hudson Blvd Lake Elmo, MN 55042

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $16 SF/Yr ($5,819 /Mo)

    Office space in a 120-acre master-planned business park.

    Property size:
    4,232 SF
    Lot size:
    3.69 Acres

    Property Features for 8550 N Hudson Blvd

    General Information

    Size
    4,232 SF
    Lot size
    3.69 Acres

    We can help!

    Listing Contact
    Eric King
    Source: Moodyscre

    Listing Agent: Eric King

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

    Learn more

    Property Insight Report

    Overview

    Office Space in Business Park

    This office space is located within a 120-acre master-planned business park. Fiber optics are available. Building and monument signage opportunities exist. The location benefits from an excellent labor base, including access to the Wisconsin border. It offers excellent freeway access to both I-94 and I-494/694. The property is in close proximity to numerous restaurants, hotels, retail shopping, the Prom Convention Center, and banks. A walking trail is also available. The property has a size of 4,232 square feet and is located at 8550 N Hudson Blvd, Lake Elmo, MN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Elmo
    County
    Washington
    State
    Minnesota
    Longitude
    -92.933147
    Latitude
    44.952605

    Nearby Similar for Lease

    • $16 SF/Yr
      1,109 SF

      Office Space in Business Park

      Two-story office building in a 120-acre master-planned business park.
      8530 Eagle Point Blvd, Lake Elmo, MN 55042
      View Details
    • $75 SF/Yr
      12,043 SF

      Lake Elmo Executive Office Suites

      Modern Workspaces, Lake Elmo, MN
      8530 Eagle Point Blvd, Lake Elmo, MN 55042
      View Details
    • Contact for pricing
      3,825 SF

      Lake Elmo Flex Space

      Flex space available in Lake Elmo, built in 2022.
      11160 Hudson Blvd N, Lake Elmo, MN 55042
      View Details
    • Contact for pricing
      3,456 SF

      Lake Elmo Office Space Available

      Class A office space with great access and visibility.
      8515 Eagle Point Blvd, Lake Elmo, MN 55042
      View Details
    • Contact for pricing
      4,316 SF

      Class A Medical Office Space

      Medical office building with high visibility and convenient patient access.
      8650 Hudson Blvd N, Lake Elmo, MN 55042
      View Details
    • $18 SF/Yr
      1,046 SF

      Office Suite in Lake Elmo

      Private office suite with conference room and storage locker.
      10390 39Th St N, Lake Elmo, MN 55042
      View Details
    • Contact for pricing
      30,308 SF

      Lake Elmo Warehouse Spaces

      Warehouse spaces available for lease in Lake Elmo, Minnesota.
      3481 Laverne Ave, Lake Elmo, MN 55042
      View Details
    • $14 SF/Yr
      2,487 SF

      Lake Elmo Office Suites

      Office suites available for lease in Lake Elmo, MN.
      8519 Eagle Point Blvd, Lake Elmo, MN 55042
      View Details

    FAQs

    What type of property is this?
    Office space - Office space in a 120-acre master-planned business park.
    Where is this office space located?
    The property is located at 8550 N Hudson Blvd Lake Elmo, MN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Excellent freeway access to I-94 and I-494/694; - 120 acre master planned business park; - Fiber optics available
    (952) 831-1000
    Request Owner's contact information
    8550 N Hudson Blvd Lake Elmo, MN 55042
    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.
    8550 N Hudson Blvd
    Lake Elmo, MN 55042
    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
    8550 N Hudson Blvd Lake Elmo, MN 55042
    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
    Eric King
    (952) 831-1000
    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.