Flexible Medical Office
New
For Sale
$340,000
2103 County Road D E #A, Maplewood, MN 55109
The adaptable floor plan can accommodate treatment rooms, private offices, or collaborative work areas.
Property Size2,080 SF
Price / SF$163.46
Days on Market4
Property Features for 2103 County Road D E #A
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Commercial
Zoning
Business/Commercial
Site & Location
Neighborhood
Gloster
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Medical, Counseling, Wellness, Office
Taxes and HOA fees
Annual Taxes
$9,652
Building Details
Building Size
2,080 SF
Year Built
2004
Units
1
Listing Agency:
Keller Williams Preferred Rlty
Listed By:
The Huerkamp Home Group
(651) 724-4849
Source:
Getyoumoved
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 23 at 4:27PM
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 Keller Williams Preferred Rlty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,080 SF medical office suite in Maplewood offers a flexible interior configuration. The space can be arranged for treatment rooms, individual offices, or collaborative work areas. The building was constructed in 2004, and the property has Business/Commercial zoning.
The suite is on County Road D East, with access to I-694 and Highway 61. Dedicated surface parking is available on site.
The suite is on County Road D East, with access to I-694 and Highway 61. Dedicated surface parking is available on site.
Key Highlights
- 2,080 SF medical office suite
- Flexible interior for treatment rooms, private offices, or collaborative work areas
- Business/Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,684
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,680
$533.7K
Cap Rate 7%
$381,200
$381.2K
Cap Rate 9%
$296,489
$296.5K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$57.9K $27.84/SF
− Vacancy
−$13.4K −$6.46/SF
EGI
$44.5K $21.38/SF
− OpEx
−$17.8K −$8.55/SF
NOI
$26.7K $12.83/SF
Area
Ramsey County, MN
Vacancy
23.20%
Lease Rate
$27.84 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,680
Cap Rate 7%
$381,200
Cap Rate 9%
$296,489
Alternative Uses
Best Use
Healthcare Medical
$381.2K
$333.6K – $444.7K
NOI $26,684 @ 7.0% cap · market cap 7.85%
Second Best
Office B
$352.9K
$308.8K – $411.7K
NOI $24,700 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$496.2K
$434.2K – $579.0K
NOI $34,737 @ 7.0% cap · market cap 10.22%
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
1,050
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 55109, MN
35,381
Population
13,376
Households
2.6
Avg Household Size
38
Median Age
31%
College-Educated
91%
High-School Grad
11.7 sq mi
ZIP Area
3,024
Density / Sq Mi
$81,759
Median Household Income
$44,609
Median Earnings
$1,316
Median Rent
$291,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The adaptable floor plan can accommodate treatment rooms, private offices, or collaborative work areas.
Where is this medical office space located?
The property is located at 2103 County Road D E #A Maplewood, MN.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 2,080 SF medical office suite; Flexible interior for treatment rooms, private offices, or collaborative work areas; Business/Commercial zoning
