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

    17555 Hwy, Unit 7 Minnetonka, MN

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

    Commercial land outlots with excellent access and visibility available for rent.

    Lot size:
    1.00 Acre

    Property Features for 17555 Hwy

    General Information

    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Ted Gonsior
    Ted Gonsior
    Source: Moodyscre

    Listing Agent: Ted Gonsior

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

    Learn more

    Overview

    Highway 7 Commercial Land Outlots

    Available commercial land outlots offer pylon and monument signage opportunities. The property benefits from excellent access and visibility, occupying a prominent location on Highway 7 in Minnetonka, MN.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Minnetonka
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4307587
    Latitude
    44.957939

    Nearby Similar for Lease

    • Contact for pricing
      1,200 SF

      Retail Space Near Major Roadways

      Retail spaces available in Minnetonka, shadow-anchored by Aldi.
      10976-11032 Cedar Lake Rd S, Minnetonka, MN 55305
      View Details
    • $18 SF/Yr
      1,240 SF

      Retail Space in Glen Lake

      Retail space available in neighborhood center anchored by Lunds & Byerly’s.
      14400-14448 Excelsior Blvd, Minnetonka, MN 55345
      View Details
    • Contact for pricing
      1,534 SF

      Boutique Office Space Available

      Boutique office spaces with on-site retail amenities for rent.
      6001 Shady Oak Rd, Minnetonka, MN 55343
      View Details
    • $22 SF/Yr
      1,495 SF

      Retail Space in Cedar Hills

      Retail space available in established Cedar Hills Shopping Center.
      11040-11064 Cedar Lake Rd, Minnetonka, MN 55305
      View Details
    • $19 SF/Yr
      149,719 SF

      Minnetonka Office Building For Rent

      Office building with fitness center, cafe, and ample parking.
      12700 Whitewater Dr, Minnetonka, MN 55343
      View Details
    • $18 SF/Yr
      2,268 SF

      Renovated Office Space Near Highway

      Modern office building with highway visibility and convenient amenities.
      13100 Wayzata Blvd, Minnetonka, MN 55305
      View Details
    • Contact for pricing
      3,809 SF

      Retail Space in Ridgehaven Marketplace

      Retail space available in a high-traffic shopping center.
      13081-13181 Ridgedale Dr, Minnetonka, MN 55305
      View Details
    • Contact for pricing
      117,583 SF

      Shady Oak Lake Center: Industrial Space

      Massive industrial space for lease in Hopkins, MN.
      5101 Shady Oak Rd, Minnetonka, MN 55343
      View Details
    • $19 SF/Yr
      4,409 SF

      Minnetonka Office Space for Rent

      Renovated office space with Class A amenities and convenient location.
      12701 Whitewater Dr, Minnetonka, MN 55343
      View Details
    • Contact for pricing
      2,675 SF

      Medical Office Space For Rent

      Medical office space in a high-demand location with private parking.
      6050-6060 Clearwater Dr, Minnetonka, MN 55343
      View Details
    • $8 SF/Yr
      5,200 SF

      Creative Space in Opus Park

      Creative space with warehouse in Minnetonka's Opus business park.
      6010-6012 Blue Circle Dr, Minnetonka, MN 55343
      View Details
    • $20 SF/Yr
      5,000 SF

      Office Space in Opus Business Park

      Main level office space available for lease in Minnetonka.
      10285 Yellow Circle Dr, Minnetonka, MN 55343
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land outlots with excellent access and visibility available for rent.
    Where is this land located?
    The property is located at 17555 Hwy, Unit 7 Minnetonka, MN.
    What are key features of this property?
    This property features: - Excellent access and visibility make this a prime location.; - Prominent location.; - Pylon and monument signage available.
    (651) 283-2553
    Request Owner's contact information
    17555 Hwy, Unit 7 Minnetonka, 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.
    17555 Hwy, Unit 7
    Minnetonka, 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
    17555 Hwy, Unit 7 Minnetonka, 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
    Ted Gonsior
    Ted Gonsior
    Real Estate License ID: 97668-94
    (651) 283-2553
    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.