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    500 W 98Th St Bloomington, MN 55420

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    For Lease
    $15 SF/Yr ($3,590 /Mo)

    2,872 SF office space in Bloomington, MN available for lease.

    Property size:
    2,872 SF
    Lot size:
    0.82 Acres

    Property Features for 500 W 98Th St

    General Information

    Size
    2,872 SF
    Lot size
    0.82 Acres

    Source: Results Commercial Agent Mark Hulsey

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

    Overview

    Bloomington Office Space for Lease

    Available for lease is a 2,872 square foot office space located in Bloomington, Minnesota. The second-floor office space is situated above a Premier Bank, offering convenient access to highways and ample parking for both tenants and clients. The unit features a reception area, five private offices, men’s and women’s restrooms, and a breakroom equipped with a kitchenette. Tenants can access the space via two staircases or an elevator. The property ownership is planning and in the process of completing building upgrades. A Tenant Improvement Allowance is available, dependent upon lease terms. This presents an opportunity for a tenant seeking office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.286423
    Latitude
    44.8266647

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    FAQs

    What type of property is this?
    Office space - 2,872 SF office space in Bloomington, MN available for lease.
    Where is this office space located?
    The property is located at 500 W 98Th St Bloomington, MN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prominent location in Bloomington, MN with easy highway access.; - **2,872 SF of office space featuring a reception area, 5 private offices, restrooms, and breakroom with kitchenette.**; - Two entrances with staircases and elevator access.
    (651) 755-2068
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    500 W 98Th St Bloomington, MN 55420
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    Bloomington, MN 55420
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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
    500 W 98Th St Bloomington, MN 55420
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