Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    150 Cobblestone Ln Burnsville, MN 55337

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Burnsville location, flexible suites available.

    Lot size:
    37,000 SF

    Property Features for 150 Cobblestone Ln

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,000 SF

    Building Details

    Year Built
    1986
    Stories
    1

    Spaces For Lease

    at 150 Cobblestone Ln, Burnsville, MN 55337 Contact us

    We can help!

    Listing Contact
    Kori Dejong
    Kori Dejong

    Listing Agency: Wellington Management Inc Listing Agent: Kori Dejong

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    The Burnsville Service Center, located at 150-172 Cobblestone Ln, Burnsville, MN 55337, offers exceptional office and warehouse space in a highly desirable location. This single-story, 37,000 square foot building, constructed in 1986, features a classic brick exterior and is situated approximately half a mile west of Fairview Ridges Hospital. The property boasts a flexible layout, accommodating multiple tenants with suites ranging from 3,551 to 4,360 contiguous square feet. Currently, 7,911 square feet are available. The building offers a 14-foot ceiling height, ideal for various uses, including executive offices, flex space, and warehouse operations. Ample parking is provided with 161 spaces. The property benefits from excellent access to major roadways, including 35W and County Road 42, and features an extensive signage band and a rear drive-in door area, perfect for businesses requiring high visibility and convenient loading/unloading. This Dakota County property, within the MN - Southeast submarket, is an excellent choice for smaller, customer-oriented businesses seeking a combination of office and warehouse space in a convenient and accessible location. The property is zoned for a variety of uses, making it suitable for a range of businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fairview Rehabilitation Services Medical Clinic Matthew Walczak Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2818832
    Latitude
    44.7483978

    Nearby Similar for Lease

    • Contact for pricing

      Office Warehouse Space For Lease

      Office and warehouse space with convenient highway access available for lease.
      1359 Larc Industrial Blvd, Burnsville, MN 55337
      View Details
    • $24 SF/Yr
      1,600 SF

      Office Space on Cliff Road

      Upper level office space with high visibility and flexible layout.
      2605 Cliff Rd E, Burnsville, MN 55337
      View Details
    • $10 SF/Yr
      8,754 SF

      Office and Warehouse Space Available

      End cap vacancy with offices, conference rooms, and warehouse space.
      501-617 Travelers Trl, Burnsville, MN 55337
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Burnsville Shops

      End cap retail space with pylon signage available for lease.
      550-560 County Road 42 W, Burnsville, MN 55337
      View Details
    • $1,800 /Mo
      256,075 SF

      Burnsville Retail/Office Suites Available

      Up to 8,000 SF of retail or office space available.
      12301 South Nicollet Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,648 SF

      Retail Space Available For Lease

      1,648 SF retail space available for lease.
      250-284 E Travelers Trl, Burnsville, MN 55337
      View Details
    • Contact for pricing
      4,360 SF

      Burnsville Office/Showroom Space For Rent

      Single-level office/showroom near Fairview Ridges Hospital with excellent access.
      150-172 Cobblestone Ln, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,345 SF

      Retail Space in Burnsville Corridor

      Retail space with high visibility in Burnsville, Minnesota.
      13953-13976 Grand Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      6,747 SF

      Medical Facility in Burnsville Area

      Medical facility with easy access to highways and nearby amenities.
      675 Nicollet Blvd E, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,232 SF

      Professional Office Condo For Lease

      First floor office condo with modern finishes and convenient parking.
      2420 E 117Th St, Burnsville, MN 55337
      View Details
    • Contact for pricing
      2,782 SF

      Retail Space in Burnsville Marketplace

      Retail spaces available in Burnsville Marketplace with high traffic exposure.
      13901-14141 Aldrich Ave S, Burnsville, MN 55337
      View Details
    • Contact for pricing
      5,608 SF

      Burnsville Office Showroom Space

      High-quality office, production, and warehouse space for lease.
      12270-12274 Nicollet Ave, Burnsville, MN 55337
      View Details

    FAQs

    What type of property is this?
    Distribution property - Prime Burnsville location, flexible suites available.
    Where is this distribution property located?
    The property is located at 150 Cobblestone Ln Burnsville, MN.
    What are key features of this property?
    This property features: High-visibility building signage available.; Excellent location with high traffic counts: 35W (82,047 VPD), 35E (51,941 VPD), and County Road 42 (51,000 VPD).; Ideal for general office, showroom, or medical uses.
    (651) 999-5540 Call to check price and availability
    Request Owner's contact information
    150 Cobblestone Ln Burnsville, MN 55337
    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.
    150 Cobblestone Ln
    Burnsville, MN 55337
    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
    150 Cobblestone Ln Burnsville, MN 55337
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kori Dejong
    Kori Dejong
    (651) 999-5540 (651) 292-9844
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!