10301-10297 Yellow Circle Dr, Minnetonka, MN 55343
- Office Spaces
- 21,630 SF
- 2.61 lot acres
Current Use by Public Records
- Office Spaces
Property Details for 10301-10297 Yellow Circle Dr
- Lot size
- 2.61 lot acres
- Property type
- Office Spaces
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Minnetonka
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.4133
- Latitude
- 44.8935
