Well-Maintained Office
3480 Upper 149th St W Rosemount, MN 55068
3480 Upper 149th St W, Rosemount, MN, 55068
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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
(651) 274-5034
Listed by
David Finigan
(651) 274-5034
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.
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
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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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