Well-Maintained Office
For Sale
Contact for pricing
Pending
3480 Upper 149th St W, Rosemount, MN 55068
Functional office layout with private offices, reception, common restrooms, and ample on-site parking.
Property Size2,718 SF
Days on Market105
Property Features for 3480 Upper 149th St W
General Information
Standard status
Pending
Size
2,718 SF
Property subtype
OFFICE
Zoning
R-3
Listing Agency:
KW Commercial Midwest - Eagan
(952) 431-5100
Listed By:
David Finigan
(651) 274-5034
Source:
Moodyscre
Added: Jul 8
Changed: Oct 6
Last Checked: Oct 19 at 6:26AM
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
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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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,715
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,300
$674.3K
Cap Rate 7%
$481,643
$481.6K
Cap Rate 9%
$374,611
$374.6K
Market Conditions
NOI Build-Up for 2,718 SF
Gross rent
$60.7K $22.32/SF
− Vacancy
−$15.7K −$5.78/SF
EGI
$45.0K $16.54/SF
− OpEx
−$11.2K −$4.13/SF
NOI
$33.7K $12.40/SF
Area
Dakota County, MN
Vacancy
25.90%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,300
Cap Rate 7%
$481,643
Cap Rate 9%
$374,611
Alternative Uses
Best Use
Office B
$481.6K
$421.4K – $561.9K
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
NOI $46,820 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 55068, MN
31,593
Population
11,794
Households
2.7
Avg Household Size
37
Median Age
47%
College-Educated
97%
High-School Grad
46.0 sq mi
ZIP Area
687
Density / Sq Mi
$125,271
Median Household Income
$62,445
Median Earnings
$1,610
Median Rent
$379,500
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
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
