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Property profile & analytics
OFF-MARKET
Office Spaces

10301-10297 Yellow Circle Dr Minnetonka, MN 55343

21,630 SF 2.61 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21,630 square foot office complex, situated on a 2.61-acre lot in Minnetonka, MN (55343), presents a compelling investment opportunity. The property, encompassing 10301 & 10297 Yellow Circle Drive, is ideally positioned within Opus Park, offering significant redevelopment potential for various uses including multi-family residential, expanded office space, a hotel, or entertainment venues. The asking price is $3,490,000, translating to $161.35 per square foot. Its strategic location provides exceptional access to major transportation arteries. The property boasts frontage on Highway 62, is conveniently located three blocks from the Opus Park light rail station, and offers easy access to Crosstown Highway 62 via Shady Oak Road. Furthermore, its proximity to Highway 169, Uptown Minneapolis (9 miles), Downtown Minneapolis (12 miles), and the Minneapolis-St. Paul International Airport (14 miles) enhances its appeal. The surrounding area is densely populated, with over 13,000 employees within a two-mile radius, ensuring a robust potential tenant pool. Parcel numbers are 36-117-22-34-0015 and 36-117-22-34-0016. This property offers a unique blend of location, size, and redevelopment possibilities, making it an attractive investment for discerning buyers.

Property profile
Verified
Property type Office Spaces
Total area 21,630 SF
Lot 2.61 ac (113,692 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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