Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Edina Warehouse with Office Space Title is generated by Realmo AI

    5249 W 73rd St, Edina, MN

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    9,853 SF warehouse with office and dock doors.

    Type:INDUSTRIAL
    Property size:
    9,853 SF
    Lot size:
    4.73 Acres
    Added:
    Apr 17, 2025
    Days on Market:
    416
    Last Refresh:
    May 20 at 8:19 pm

    Property Features for 5249 W 73rd St

    General Information

    Standard status
    Active
    Size
    9,853 SF
    Lot size
    4.73 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 5249 W 73rd St Contact us

    We can help!

    Listing Contact
    Kyle Rafshol
    Kyle Rafshol

    Listing agent Kyle Rafshol License #40346855

    Listing office JLL

    Listing date Apr 17, 2025

    Source Moodyscre

    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 JLL

    HighLights

    • 9,853 SF Total
    • 7,272 SF Warehouse
    • 2,581 SF Office
    • Two (2) dock doors, 8’ x 10’
    • One (1) drive‑in door, 8’ x 10’

    Overview

    This property features a total of 9,853 square feet, including 2,581 square feet of office space and 7,272 square feet of warehouse space. The warehouse includes two dock doors, each measuring 8 feet by 10 feet, and one drive-in door, also measuring 8 feet by 10 feet. The property is located in Edina, MN.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • C & D Construction
    • Public Storage — 7225 Bush Lake Rd, Edina, MN 55439, United States
    • Edina Warehouse — 7390 Ohms Ln, Edina, MN 55439
    • Northwest Grains International LLC — 7400 Metro Blvd Suite 308, Minneapolis, MN 55439

    Map

    City
    Edina
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4296
    Latitude
    44.902

    Nearby Similar for Lease

    • Sponsored
      $129-$7,146/Mo
      11-1,292 SF

      Grandview Square

      5201 Eden Ave, Unit 300, Edina, MN 55436
      View Details
    • $129-$3,186/Mo
      11-1,292 SF

      Minnesota Center

      7760 France Ave, Unit 11TH, Edina, MN 55435
      View Details
    • $13 SF/Yr
      541 SF

      Customizable Office Space in Edina

      Redeveloped office campus with modern amenities and customizable spaces.
      4570 W 77th St, Edina, MN
      View Details
    • $52 SF/Yr
      3,800 SF

      Edina Commercial Suite For Lease

      Move-in-ready, renovated commercial suite in prime Edina location.
      4420 Valley View Rd, Edina, MN
      View Details
    • $12 SF/Yr
      574 SF

      Edina Showroom/Office Space Available

      Updated showroom/office space in Edina with highway visibility.
      7777 Washington Ave S, Edina, MN
      View Details
    • $21 SF/Yr
      7,015 SF

      Edina Office Space Available

      Office space for rent with on-site amenities and services.
      7701 France Ave S, Edina, MN
      View Details
    • $24 SF/Yr
      1,993 SF

      Edina Office Suite with Access

      Turnkey office suite in Edina with easy highway access.
      7401 Bush Lake Rd, Edina, MN
      View Details
    • $16 SF/Yr
      3,210 SF

      Edina Office Space for Rent

      Office space with on-site amenities in Edina, Minnesota.
      Edinborough Way 3300, Edina, MN
      View Details
    • $14 SF/Yr
      2,711 SF

      Office Space for Sublease

      Office space available for sublease in Edina, Minnesota.
      7401 Metro Blvd, Edina, MN
      View Details
    • $20 SF/Yr
      1,274 SF

      Edina Office Space For Rent

      Office space in Edina's Southdale neighborhood with many amenities.
      6800 France Ave S, Edina, MN
      View Details
    • $15 SF/Yr
      1,025 SF

      Edina Office Space For Rent

      Office space available for lease in Edina, Minnesota.
      7505 Metro Blvd, Edina, MN
      View Details
    • $24 SF/Yr
      1,645 SF

      Edina Office Space Available

      Attractive Edina office property with local management and convenient amenities.
      7240-7242 Metro Blvd, Edina, MN
      View Details

    FAQs

    What type of property is this?
    Warehouse - 9,853 SF warehouse with office and dock doors.
    Where is this warehouse located?
    The property is located at 5249 W 73rd St Edina, MN.
    What are key features of this property?
    This property features: 9,853 SF Total; 7,272 SF Warehouse; 2,581 SF Office
    (952) 270-6792 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kyle Rafshol
    Kyle Rafshol
    Real Estate License ID: 40346855
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5249 W 73rd St, Edina, MN
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!