Main-Level Office
For Sale
Contact for pricing
130 Park Ave S, Saint Cloud, MN 56301
Well-maintained masonry office condo with reception, open work area, private offices, conference room, and front and rear entrances.
Property Size2,011 SF
Lot Size0.78 Acres
Price / SF$174.04
Days on Market192
Property Features for 130 Park Ave S
General Information
Standard status
Active
Size
2,011 SF
Total Parking Spaces
23
Lot size
0.78 Acres
Property subtype
OFFICE
Zoning
C5
Building Details
Year Built
1983
Construction
masonry
Listing Agency:
SVN GC Real Estate
(320) 493-1723
Listed By:
Maria Berdan · License #40547813
(320) 493-1723
Source:
Moodyscre
Added: Feb 9
Changed: Aug 10
Last Checked: Aug 10 at 11:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN GC Real Estate
Investment Insights
Based on property information with market context.
Well-maintained masonry office building constructed in 1983, offering an available office condominium with approximately 2,011 gross square feet within a 3,825 SF building. The main-level suite includes a reception area, open work space, spacious private offices, and a conference room, and it benefits from ample natural light.
The property sits on a 33,976 SF parcel zoned C5 – Highway Commercial. The building provides both front and rear entrances, and there is approximately 23 on-site parking stalls available with parking in both the front and back of the property.
The space is designed for a professional office layout with a clear front reception entry, multiple private offices, and a dedicated conference room, supporting a range of day-to-day work functions.
The property sits on a 33,976 SF parcel zoned C5 – Highway Commercial. The building provides both front and rear entrances, and there is approximately 23 on-site parking stalls available with parking in both the front and back of the property.
The space is designed for a professional office layout with a clear front reception entry, multiple private offices, and a dedicated conference room, supporting a range of day-to-day work functions.
Key Highlights
- Well‑maintained masonry office building built in 1983 on a 33,976 SF parcel zoned C5 – Highway Commercial
- Office condominium offers approx. 2,011 gross SF within a 3,825 SF building on the main level for easy access
- Interior layout includes reception, open work area, spacious private offices, and a conference room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,880
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,600
$477.6K
Cap Rate 7%
$341,143
$341.1K
Cap Rate 9%
$265,333
$265.3K
Market Conditions
NOI Build-Up for 2,011 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.2K $21.96/SF
− Vacancy
−$12.3K −$6.13/SF
EGI
$31.8K $15.83/SF
− OpEx
−$8.0K −$3.96/SF
NOI
$23.9K $11.87/SF
Area
Sherburne County, MN
Vacancy
27.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,600
Cap Rate 7%
$341,143
Cap Rate 9%
$265,333
Alternative Uses
Best Use
Office B
$341.1K
$298.5K – $398.0K
NOI $23,880 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$479.8K
$419.8K – $559.8K
NOI $33,585 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
Demographics for 56301, MN
33,786
Population
13,511
Households
2.5
Avg Household Size
30
Median Age
32%
College-Educated
91%
High-School Grad
76.6 sq mi
ZIP Area
441
Density / Sq Mi
$69,725
Median Household Income
$29,226
Median Earnings
$1,103
Median Rent
$262,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Well-maintained masonry office condo with reception, open work area, private offices, conference room, and front and rear entrances.
Where is this office units located?
The property is located at 130 Park Ave S Saint Cloud, MN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Well‑maintained masonry office building built in 1983 on a 33,976 SF parcel zoned C5 – Highway Commercial; Office condominium offers approx. 2,011 gross SF within a 3,825 SF building on the main level for easy access; Interior layout includes reception, open work area, spacious private offices, and a conference room
