Finished Office Space with Separate
For Sale
$649,900
200-1103 Weir Dr, Woodbury, MN 55125
3,000-sq-ft office space with open layout, conference room, and private bathroom access along Highway 494.
Property Size3,000 SF
Price / SF$216.63
Days on Market97
Property Features for 200-1103 Weir Dr
General Information
Standard status
Active
Size
3,000 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$13,888
Amenities
Kitchen Area with bar stool counter
Conference Room
Two private stalls
Listing Agency:
RE/MAX Professionals
(651) 439-2222
Listed By:
Justin DuChemin
(651) 233-8162
Source:
Exprealty
Added: Jul 21
Changed: Oct 25
Last Checked: Oct 24 at 11:29PM
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 RE/MAX Professionals
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Investment Insights
Based on property information with market context.
A turnkey 3,000-sq-ft finished office space designed for flexibility, featuring an open layout with a private access to the bathroom. The suite includes a kitchen area with a bar stool counter and a dedicated conference room, along with two private stalls.
The property is positioned for visibility along Highway 494 and offers convenient highway access for clients and employees. The floor plan can be used as-is or customized to match your preferred design and finish.
An income-producing long-term lease is in place for the front office space with a separate entrance.
The property is positioned for visibility along Highway 494 and offers convenient highway access for clients and employees. The floor plan can be used as-is or customized to match your preferred design and finish.
An income-producing long-term lease is in place for the front office space with a separate entrance.
Key Highlights
- 3,000‑sq‑ft adaptable office space with flexible floor plan along Highway 494 in Woodbury
- Open layout plus conference room for office or other professional uses
- Includes kitchen area with bar stool counter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,615
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,300
$832.3K
Cap Rate 7%
$594,500
$594.5K
Cap Rate 9%
$462,389
$462.4K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$74.9K $24.96/SF
− Vacancy
−$19.4K −$6.46/SF
EGI
$55.5K $18.50/SF
− OpEx
−$13.9K −$4.62/SF
NOI
$41.6K $13.87/SF
Area
Washington County, MN
Vacancy
25.90%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,300
Cap Rate 7%
$594,500
Cap Rate 9%
$462,389
Alternative Uses
Best Use
Office B
$594.5K
$520.2K – $693.6K
NOI $41,615 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.3K
$729.2K – $972.2K
NOI $58,332 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
Explore this area
Business Placement
Demographics for 55125, MN
43,846
Population
17,682
Households
2.5
Avg Household Size
39
Median Age
59%
College-Educated
98%
High-School Grad
15.3 sq mi
ZIP Area
2,866
Density / Sq Mi
$118,129
Median Household Income
$59,102
Median Earnings
$1,805
Median Rent
$396,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - 3,000-sq-ft office space with open layout, conference room, and private bathroom access along Highway 494.
Where is this office unit located?
The property is located at 200-1103 Weir Dr Woodbury, MN.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 3,000‑sq‑ft adaptable office space with flexible floor plan along Highway 494 in Woodbury; Open layout plus conference room for office or other professional uses; Includes kitchen area with bar stool counter
