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    2973 Water Tower Pl Chanhassen, MN 55317

    • Industrial properties
    • 6,356 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • LL Flooring / Flooring Store / Flooring Contractor

    Property Details for 2973 Water Tower Pl

    Property size
    6,356 SF
    Property type
    Industrial properties
    Property subtype
    Flex space

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chanhassen
    County
    Carver
    State
    Minnesota
    Longitude
    -93.596
    Latitude
    44.8594

    Comparable in this City

    • Value Estimation by Request
      16.38 Acres

      1650 Mcglynn Rd

      INDUSTRIAL (GENERAL) • 16.38 Acres
      1650 Mcglynn Rd, Chanhassen, MN 55317-8202
      View Details
    • Value Estimation by Request
      0.05 Acres

      Chanhassen, MN 55317

      INDUSTRIAL (GENERAL) • 0.05 Acres
      Chanhassen, MN 55317
      View Details
    • Value Estimation by Request
      12,768 SF

      201 79th St

      INDUSTRIAL (GENERAL) • 12,768 SF
      201 79th St, Chanhassen, MN 55317-8315
      View Details
    • Value Estimation by Request
      19.47 Acres

      19011 Lk E Dr

      INDUSTRIAL (GENERAL) • 19.47 Acres
      19011 Lk E Dr, Chanhassen, MN 55317-9322
      View Details
    • Value Estimation by Request
      3.89 Acres

      7640 Quattro Dr

      INDUSTRIAL (GENERAL) • 3.89 Acres
      7640 Quattro Dr, Chanhassen, MN 55317
      View Details
    • Value Estimation by Request
      6.32 Acres

      Chanhassen, MN 55317

      INDUSTRIAL (GENERAL) • 6.32 Acres
      Chanhassen, MN 55317
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,704 SF

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      14 SF

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      591 W 78Th St, Chanhassen, MN 55317
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    • $374,900
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    Similar Nearby for Lease

    • $8 SF/Yr
      9,344 SF

      Chanhassen Warehouse with Highway Signage

      Flexible warehouse space with prominent signage and convenient highway access.
      2959-2989 Water Tower Pl, Chanhassen, MN 55317
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    • Contact for pricing
      22,368 SF

      Chanhassen Flex Space Available

      Flex space ideal for tech, R&D, or light manufacturing.
      1490 Lake Dr W, Chanhassen, MN 55317
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    • Contact for pricing
      22,368 SF

      Chanhassen Flex Space Available

      Flex space ideal for tech, R&D, or light manufacturing.
      1460 Lake Dr West, Chanhassen, MN 55317
      View Details
    • $11 SF/Yr
      19,001 SF

      Chanhassen Flex Space Available

      Divisible flex space with dock and drive-in doors for rent.
      7920-8030 Century Blvd, Chanhassen, MN 55317
      View Details
    • $6 SF/Yr
      2,171 SF

      Chanhassen Warehouse Space Available

      Warehouse space with dock doors and highway access for lease.
      1250-1290 Park Rd, Chanhassen, MN 55317
      View Details
    • $6 SF/Yr
      31,200 SF

      Functional Warehouse Space Available

      31,200 SF warehouse space for sublease in Chanhassen.
      8085-8175 Century Blvd, Chanhassen, MN 55317
      View Details
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    2973 Water Tower Pl
    Chanhassen, MN 55317
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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
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