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    Property profile & analytics

    563 Bielenberg Dr, Unit 120 Woodbury, MN 55125-4425

    • Office Properties & Spaces
    • 1,178 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimations
    $235,000
    Show details
    Cap Rate Potential
    7.3%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US46-0488460
    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 Properties & Spaces

    Property Details for 563 Bielenberg Dr

    Year built
    2006
    Lot size
    0.03 lot acres
    Property size
    1,178 SF
    Property type
    Office Properties & Spaces
    APN
    05-028-21-42-0091
    APU
    502821420091

    Description

    This exceptional medical office opportunity in Woodbury, Minnesota, presents two combined suites totaling 2,369 square feet within the desirable Tamarack Hills complex. Located at 563 Bielenberg Dr, 55125, this Class B building offers a convenient location with easy access to major highways I-494, I-94, and I-694. Built in 2006, the property features a single-tenant occupancy in a two-story building on a 0.03-acre lot. The asking price is $595,000, translating to $251.16 per square foot. The space includes 16 parking spaces, with 4 dedicated underground stalls. Suite 245 encompasses 1,120 square feet, while Suite 250 offers 1,249 square feet. The property boasts exterior signage availability and is zoned GW, making it ideal for medical office use. Annual CAM charges are $8.62 per square foot, and annual taxes are $4.35 per square foot. This presents a strong investment opportunity in a thriving Woodbury location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $250,000
      6.5%
      $230,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $213,000
      Market price range: $138k - $237k
      AI Estimate
      $179,000
      Market price range: $46.5k - $235k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Woodbury
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9537
    Latitude
    44.9404
    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
    $4,124
    $41,200
    $160,900
    $202,100
    -
    $41,200
    $160,900
    $202,100

    Comparable in this City

    • Value Estimation
      $280,000
      2,968 SF

      1103 Weir Dr Ste, Unit 100

      CONDOMINIUM OFFICES • 2,968 SF
      1103 Weir Dr Ste, Woodbury, MN 55125-1313
      View Details
    • Value Estimation
      $230,000
      1,220 SF

      9900 Vly Crk Rd Ste, Unit 135

      CONDOMINIUM OFFICES • 1,220 SF
      9900 Vly Crk Rd Ste, Woodbury, MN 55125-4895
      View Details
    • Value Estimation
      $240,000
      1,259 SF

      563 Bielenberg Dr Ste, Unit 230

      CONDOMINIUM OFFICES • 1,259 SF
      563 Bielenberg Dr Ste, Woodbury, MN 55125-1428
      View Details
    • Value Estimation
      $275,000
      2,968 SF

      1103 Weir Dr Ste, Unit 500

      CONDOMINIUM OFFICES • 2,968 SF
      1103 Weir Dr Ste, Woodbury, MN 55125-1312
      View Details
    • Value Estimation
      $245,000
      2,968 SF

      1083 Weir Dr, Unit 500

      CONDOMINIUM OFFICES • 2,968 SF
      1083 Weir Dr, Woodbury, MN 55125-2102
      View Details
    • Value Estimation
      $275,000
      2,968 SF

      1083 Weir Dr, Unit 600

      CONDOMINIUM OFFICES • 2,968 SF
      1083 Weir Dr, Woodbury, MN 55125-2102
      View Details

    Similar Nearby for Sale

    • $2,800,000
      12,693 SF

      Woodbury Medical Office Building

      12,693 SF Medical Office, $2.8M
      8401 Seasons Pkwy, Woodbury, MN 55125
      View Details
    • $5,250,000
      11,372 SF

      Woodbury Office Building For Sale

      Fully occupied office building in Tamarack Hills with highway access.
      796 Bielenberg Dr, Woodbury, MN 55125
      View Details
    • $5,500,000
      17,994 SF

      Two-Story Office Building Investment

      Fully leased office building with high visibility and future metro.
      652 Bielenberg Dr, Woodbury, MN 55125
      View Details
    • Contact for pricing
      2.00 Acres

      Woodbury Office Space Available

      Office space available in Woodbury, MN with easy access.
      1860 Wooddale Dr, Woodbury, MN 55125
      View Details
    • Contact for pricing
      2.00 Acres

      Woodbury Office/Warehouse/Flex Space

      Office/warehouse/flex space in Woodbury with easy access to 494.
      1890 Wooddale Dr, Woodbury, MN 55125
      View Details
    • $409,900
      0.07 Acres

      Adaptable Office Space Near I-494

      1,500 sq ft office space with high visibility on I-494.
      1103 Weir Dr, Woodbury, MN 55125
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,237 SF

      Woodbury Office Space For Lease

      Prime Woodbury location, 1,237 sq ft.
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      View Details
    • $18 SF/Yr
      61,846 SF

      Gateway Center Executive Suites

      Premium Washington County Office Space
      576 Bielenberg Dr, Woodbury, MN 55125
      View Details
    • Contact for pricing
      17,000 SF

      Valley Creek Commons Office Suites

      Woodbury, MN Executive Office Space Available
      8380 City Centre Dr, Woodbury, MN 55125
      View Details
    • Contact for pricing
      14,000 SF

      Woodbury Executive Office Space

      1,827 SF Office Suite Available in Woodbury, MN
      8360 City Centre Dr, Woodbury, MN 55125
      View Details
    • $10 SF/Yr
      40,000 SF

      Woodbury Office Space For Lease

      40,000 SF office space with access to 494.
      1890 Woodlane Dr, Woodbury, MN 55125
      View Details
    • Contact for pricing
      3,081 SF

      Turnkey Dental Office in Woodbury

      Fully built-out dental office ideal for medical professionals.
      604 Bielenberg Dr, Woodbury, MN 55125
      View Details
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    563 Bielenberg Dr, Unit 120
    Woodbury, MN 55125-4425
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    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
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