Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • 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

    14290 Brookmere Blvd NW Prior Lake, MN 55372

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $349,900

    Updated home with pond view, designed for comfort and style.

    Property size:
    2,270 SF
    Lot size:
    0.03 Acres

    Property Features for 14290 Brookmere Blvd NW

    General Information

    Size
    2,270 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    2002

    We can help!

    Listing Contact
    Deborah Hanuman
    Source: Kw

    Listing Agent: Deborah Hanuman

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

    Learn more

    Property Insight Report

    Overview

    Updated Home with Pond View

    This updated home is designed for comfort, style, and everyday living. The two-story living room features natural light and a gas fireplace. The remodeled kitchen includes stainless steel appliances and modern finishes, with an open flow into the dining area. Main-level laundry adds convenience. Outdoor features include a private deck overlooking a pond and a walk-out patio. The primary ensuite provides a private retreat, and the upper-level loft offers possibilities for a work-from-home office or reading nook. The finished lower level is designed for entertaining, featuring a recreation area and a Murphy bed with custom closets. Located on a quiet dead-end street with walking paths, this home combines tranquility with convenience. The property size is 2270 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Daycare Center Skin Care Clinic Pharmacy Food Market Grocery Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Prior Lake
    County
    Scott
    State
    Minnesota
    Longitude
    -93.4713989
    Latitude
    44.7423538

    Nearby Similar for Sale

    • $415,000

      Prior Lake End Unit Townhome

      Custom-built townhome in Pheasant Meadow with single-level living.
      17080 Pheasant Meadow Ln SW, Prior Lake, MN 55372
      View Details
    • Contact for pricing
      7,797 SF

      Drive-Through ATM in Retail Center

      Second generation drive-through ATM in Shakopee, MN for sale.
      4041-4061 Dean Lakes Blvd, Prior Lake, MN 55379
      View Details
    • $2,500,000
      19,962 SF

      Prior Lake Office Building For Sale

      Well-maintained office building in growing Prior Lake area.
      5505 Cottonwood Ln SE, Prior Lake, MN 55372
      View Details
    • $270,000
      1,395 SF

      Well-Maintained Townhome in Deer Field

      Bright, updated 2BR/2BA townhome near Prior Lake's downtown area.
      17365 River Birch Pl, Prior Lake, MN 55372
      View Details
    • $2,750,000
      21,588 SF

      Former School District Office Building

      21,588 SF office building with 2,700 SF storage/garage.
      4540 Tower St SE, Prior Lake, MN 55372
      View Details
    • $2,575,000

      Restaurant Investment Opportunity

      Restaurant property for sale in Shakopee, Minnesota.
      4041 Dean Lakes Blvd, Prior Lake, MN 55379
      View Details
    • $3,850,000
      17,532 SF

      7401 126Th St, Savage, MN 55378

      Investment properties • 17,532 SF
      7401 126Th St, Savage, MN 55378
      View Details

    FAQs

    What type of property is this?
    Single family property - Updated home with pond view, designed for comfort and style.
    Where is this single family property located?
    The property is located at 14290 Brookmere Blvd NW Prior Lake, MN.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Completely remodeled kitchen with STAINLESS STEEL APPLIANCES and MODERN FINISHES.; - Finished lower level with recreation area and Murphy bed for guests.; - TWO-STORY LIVING ROOM with gas fireplace and abundant natural light.
    Request Owner's contact information
    14290 Brookmere Blvd NW Prior Lake, MN 55372
    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.
    14290 Brookmere Blvd NW
    Prior Lake, MN 55372
    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
    14290 Brookmere Blvd NW Prior Lake, MN 55372
    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
    Deborah Hanuman
    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.