Affordable Office Near
966 Inwood Ave N Oakdale, MN 55128
966 Inwood Ave N, Oakdale, MN, 55128
Contact for pricing
For Sale
Contact for pricing
Turn-key office space near shopping, restaurants, and Lake Elmo.
Property Size1,254 SF
Price / SF$230.46
Days on Market61
Property Features for 966 Inwood Ave N
General Information
- Standard status
- Active
- Size
- 1,254 SF
- Property subtype
- OFFICE
Listing Agency
Commercial Investors Group
(612) 963-5147
Listed by
Chad Heer, CCIM · License #40427410
(612) 963-5147
Source
Moodyscre
Added: May 18 Checked: Jul 17 at 4:23 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Investors Group
Investment Insights
Based on property information with market context.
This property presents an affordable office ownership opportunity. The office space is located just north of the Woodbury area, near shopping and restaurants off Interstate 94, and is also located minutes from Lake Elmo Park Reserve. This turn-key office space is suitable for an owner-user or an investor seeking a solid return. The property offers 1254 square feet of space.
Key Highlights
- Affordable office ownership opportunity.
- Turn‑key office space suitable for owner‑user or investor.
- Located near Woodbury shopping and restaurants.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $24.96 |
| − Vacancy | −$8.1k | −$6.46 |
| EGI | $23.2k | $18.50 |
| − OpEx | −$5.8k | −$4.62 |
| NOI | $17.4k | $13.87 |
1,254 SF · lease $24.96/SF/yr · vacancy 25.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$248.5K
$217.4K – $289.9K
NOI $17,395 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$348.3K
$304.8K – $406.4K
NOI $24,383 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Turn-key office space near shopping, restaurants, and Lake Elmo.
Where is this office units located?
The property is located at 966 Inwood Ave N Oakdale, MN.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Affordable office ownership opportunity.; Turn‑key office space suitable for owner‑user or investor.; Located near Woodbury shopping and restaurants.
