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    1533-1559 Larpenteur Ave Falcon Heights, MN 55113

    For Lease
    Contact for pricing

    Prime Falcon Heights Office Space.

    Lot size:
    27,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Falcon Crossing, a single-story, 27,000 square foot retail and office building in Falcon Heights, Minnesota, offers exceptional executive office space. Built in 1985 and situated at 1533-1559 West Larpenteur Avenue, this highly visible brick building boasts a desirable location near major shopping centers (Rosedale and HarMar malls), the University of Minnesota's St. Paul campus, and the Minnesota State Fairgrounds. The property features three suites available, ranging from 1,183 to 1,526 contiguous square feet, with a 12'6" ceiling height. Ample surface parking is provided with a ratio of 4.5 stalls per 1,000 square feet, totaling 98 spaces. The building enjoys a strong tenant mix including national and local businesses. This well-maintained property, upgraded by the previous owner, consistently maintains high occupancy rates, making it an attractive investment opportunity in a thriving commercial area. Located in Ramsey County, zip code 55113, this property presents a unique chance to establish a presence in a high-traffic, high-visibility location. The property is conveniently situated at the corner of Larpenteur and Snelling Avenues.

    Property Features for 1533-1559 Larpenteur Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,000 SF

    Building Details

    Year Built
    1985
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1537
    Size
    1,183 SF
    Space
    Suite 1549
    Size
    1,526 SF
    Space
    Suite 1551
    Size
    1,278 SF

    HighLights

    • High‑traffic corner location at Snelling/Larpenteur intersection (56,000 vehicles per day).
    • Over 100,000 residents within a 3‑mile radius.
    • Excellent public transit access via major bus routes, including Rapid Bus Transit.
    • Proximity to Como Park amenities (lake, zoo, golf course).
    • Convenient location near the University of Minnesota and State Fairgrounds.
    • Close proximity to Rosedale and HarMar shopping malls.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Falcon Heights
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1647045
    Latitude
    44.9921728

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Falcon Heights Office Space.
    Where is this office property / space located?
    The property is located at 1533-1559 Larpenteur Ave Falcon Heights, MN.
    What are key features of this property?
    This property features: High-traffic corner location at Snelling/Larpenteur intersection (56,000 vehicles per day).; Over 100,000 residents within a 3-mile radius.; Excellent public transit access via major bus routes, including Rapid Bus Transit.
    Request Owner's contact information
    1533-1559 Larpenteur Ave Falcon Heights, MN 55113
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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
    1533-1559 Larpenteur Ave Falcon Heights, MN 55113
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