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    Property profile & analytics

    4651 Nicols Rd Eagan, MN 55122-3336

    • Office buildings
    • 8,010 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US46-3251415
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 4651 Nicols Rd

    Year built
    1981
    Construction
    CONCRETE
    Lot size
    0.86 lot acres
    Property size
    8,010 SF
    Zone code
    R
    Property type
    Office buildings
    APN
    10-16930-01-020
    APU
    101693001020

    Description

    This exceptional two-story, 8,000 square foot office building, situated on a 0.86-acre lot at 4651 Nicols Rd, Eagan, MN 55122 (near Cliff Rd), offers 17 suites for lease. Built in 1980 and extensively renovated in 2018, the Class B property boasts a convenient multiple tenancy arrangement. Individual suites range from 370 to 930 square feet, with a minimum divisible space of 930 square feet and a maximum contiguous space of 930 square feet. The building features a commercial zoning designation within Dakota County's Eagan submarket, south of the river. Enjoy excellent visibility from Highway 77 and ample parking. The property's strategic location provides easy access to shopping, dining, major highways, the Mall of America, Minneapolis-St. Paul International Airport, and both Minneapolis and St. Paul downtowns. Each suite includes a kitchenette with a sink and microwave. Property taxes are not included in the gross rent. This is an ideal opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Eagan community.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eagan
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2189
    Latitude
    44.7882
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,850
    $283,100
    $467,800
    $750,900
    -
    $283,100
    $467,800
    $750,900

    Comparable in this City

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    • Value Estimation by Request
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      4640 Nicols Rd

      OFFICE BUILDING • 15,180 SF
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      View Details
    • Value Estimation
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      2,846 SF

      4682 Slater Rd

      OFFICE BUILDING • 2,846 SF
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      View Details
    • Value Estimation
      $225,000
      2,816 SF

      4678 Slater Rd

      OFFICE BUILDING • 2,816 SF
      4678 Slater Rd, Eagan, MN 55122-2362
      View Details

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    Eagan, MN 55122-3336
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    Realmo Value Estimation

    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.

    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.

    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
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