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Well-Maintained Office Building

3480 Upper 149th St W Rosemount, MN 55068

3480 Upper 149th St W, Rosemount, MN, 55068
Contact for pricing
For Sale
Contact for pricing

Functional office layout with private offices, reception, common restrooms, and ample on-site parking.

Property Size2,718 SF
Price / SF$156.36
Days on Market14

Property Features for 3480 Upper 149th St W

General Information

Standard status
Active
Size
2,718 SF
Property subtype
OFFICE
Listing agency KW Commercial Midwest - Eagan
Listed by David Finigan
Source Moodyscre
Added: Jul 8 Updated: Jul 21 at 2:10AM Checked: Jul 21 at 5:11AM

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 KW Commercial Midwest - Eagan


Investment Insights

Based on property information with market context.

This well-maintained professional office building offers a flexible layout designed for a range of work styles. Interior spaces include private offices along with collaborative workspace, supported by a reception/entry area and restrooms located in the common area.

Located at 3480 Upper 149th St W in Rosemount, MN, the property provides ample parking for employees and visitors. The building is zoned R-3 (Medium Density Housing), which may be relevant for buyers considering future planning for the site.

Key Highlights

  • Well‑maintained professional office building with a functional layout
  • Flexible floor plan with private offices and collaborative workspace
  • Reception/entry plus restrooms located in the common area

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $60.7k $22.32
− Vacancy −$15.7k −$5.78
EGI $45.0k $16.54
− OpEx −$11.2k −$4.13
NOI $33.7k $12.40
2,718 SF · lease $22.32/SF/yr · vacancy 25.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$481.6K
$421.4K – $561.9K (±1% cap)
NOI $33,715 @ 7.0% cap · market cap 7.93%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$668.9K
$585.3K – $780.3K (±1% cap)
NOI $46,820 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Auto Repair Shop Cafe & Coffee Shop HVAC Service (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

FAQs

What type of property is this?
Office building - Functional office layout with private offices, reception, common restrooms, and ample on-site parking.
Where is this office building located?
The property is located at 3480 Upper 149th St W Rosemount, MN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Well‑maintained professional office building with a functional layout; Flexible floor plan with private offices and collaborative workspace; Reception/entry plus restrooms located in the common area
Contact an agent
(651) 274-5034 Call to check price and availability
More about this property
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