Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    Undisclosed Chaska, MN 55318

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 0 Undisclosed

    Property type
    Commercial real estate

    Description

    This thriving commercial cleaning business in Chaska, MN, is offered at $1,490,000. Boasting a strong Seller Discretionary Earnings (SDE) of $309,078, this seven-year-old enterprise serves approximately 70 facilities in the greater Minneapolis/St. Paul area. The business model emphasizes client relationship building and customized service, encompassing janitorial services, carpet cleaning, floor refinishing, and window cleaning. Current operations utilize a 300-square-foot office space, leased month-to-month at $900 with a three-month cancellation clause. The seller is offering $149,000 in financing and a non-compete agreement covering a 50-mile radius for five years. The reason for sale is a career change. Eight weeks of support and training are included in the sale. The business is easily relocatable or can be home-based, offering flexibility for the new owner. This presents a unique opportunity to acquire a well-established, profitable business with significant growth potential in a desirable market. The business's strong reputation and diverse service offerings provide a solid foundation for continued success. Financial details are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chaska
    County
    Carver
    State
    Minnesota
    Longitude
    -93.6421
    Latitude
    44.8113

    Comparable in this City

    • Value Estimation by Request

      600 4Th St

      Investment properties
      600 4Th St, Chaska, MN 55318
      View Details
    • Value Estimation
      $260,000
      4,200 SF

      115 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,200 SF
      115 2nd St, Chaska, MN 55318-1905
      View Details
    • Value Estimation
      $460,000
      1,380 SF

      202 Walnut St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,380 SF
      202 Walnut St, Chaska, MN 55318-2044
      View Details
    • Value Estimation
      $260,000
      0.01 Acres

      Chaska, MN 55318

      COMMERCIAL (GENERAL) • 0.01 Acres
      Chaska, MN 55318
      View Details
    • Value Estimation
      $370,000
      8.44 Acres

      1703 Crk Ln

      COMMERCIAL (GENERAL) • 8.44 Acres
      1703 Crk Ln, Chaska, MN 55318-1891
      View Details
    • Value Estimation
      $1,075,000
      0.98 Acres

      Chaska, MN 55318

      COMMERCIAL (GENERAL) • 0.98 Acres
      Chaska, MN 55318
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,020 SF

      Chaska Office Space - 9,020 SF

      Prime Chaska office space, ideal location, ample parking.
      112 5Th St, Chaska, MN 55318
      View Details
    • $1,766,341
      4,809 SF

      Chaska Retail Investment Opportunity

      Big O Tires NNN Lease, High ROI
      1305 Crystal Ln, Chaska, MN 55318
      View Details
    • $3,200,000
      46,072 SF

      Chaska Warehouse with Office Space

      46,072 SF building with warehouse and office space.
      1550 Audubon Rd, Chaska, MN 55318
      View Details
    • $1,500,000
      46.50 Acres

      Agricultural Land Near Chaska

      46.5 acres of agricultural land suitable for various ventures.
      Xx Tbd Mellgren Ln, Chaska, MN 55318
      View Details
    • Contact for pricing
      0.17 Acres

      Chaska Office Space For Sale

      Office space in Chaska, walking distance to city amenities.
      112 E 5Th St, Chaska, MN 55318
      View Details
    • $5,900,000
      61,036 SF

      Food Processing Building For Sale

      61,036 SF food processing building with freezer and cooler.
      300 Lake Hazeltine Dr, Chaska, MN 55318
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      38,000 SF

      Chaska Plaza Office Suites

      Prime Chaska location, 400-700 sq ft.
      3000 Hundertmark Rd, Chaska, MN 55318
      View Details
    • $6,350,000
      78,665 SF

      Industrial Property for Lease

      Industrial property with tenant income available for lease.
      4100 Peavey Rd, Chaska, MN 55318
      View Details
    • $18 SF/Yr
      1,291 SF

      Retail Space in Chaska Center

      Retail space available in community shopping center in Chaska, MN.
      104-120 Pioneer Trl, Chaska, MN 55318
      View Details
    • Contact for pricing
      10,240 SF

      Chaska Flex Space For Lease

      Flexible industrial space with loading doors and full A/C.
      3700 Chaska Blvd, Chaska, MN 55318
      View Details
    • $18 SF/Yr

      Retail Space in Chaska Commons

      Retail spaces available for lease in Chaska, Minnesota.
      120-132 Pioneer Trl, Chaska, MN 55318
      View Details
    • $12 SF/Yr
      2,515 SF

      Downtown Chaska Office Space

      Office space in downtown Chaska with highway exposure.
      207 N Chestnut St, Chaska, MN 55318
      View Details
    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.
    Undisclosed
    Chaska, MN 55318
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.