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Property profile

11550 Stillwater Blvd Lake Elmo, MN 55042

OFF-MARKET
Office Spaces
407 SF Built 1999
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Property summary

AI-generated overview

This exceptional offering presents six office condos for sale in Lake Elmo, Minnesota, situated at 11550 Stillwater Blvd, zip code 55042. The property, built in 1999, comprises a single-story, 10,000 square foot building featuring a mix of traditional and medical office spaces. Unit sizes range from a compact 407 square feet to a more substantial 1,562 square feet, catering to diverse business needs. Individual units are available for purchase at prices ranging from $119,900 to $437,900, while the entire 6,432 square foot building is offered for $1,900,000. The building boasts Class C features, including ample surface parking, building signage, a landscaped lobby with abundant natural light, and private entrances for each unit. This location offers a professional and inviting atmosphere, ideal for businesses seeking a comfortable and functional workspace. The property is conveniently located in Washington County, providing easy access to major transportation routes and amenities. This presents a unique investment opportunity for both individual buyers and those seeking a portfolio addition. Individual unit square footage and pricing are as follows: Unit 101 (1,545 SF, $437,900), Unit 104 (1,562 SF, $437,900), Unit 105 (990 SF, $278,900), Unit 106 (1,169 SF, $328,900), Unit 107 (407 SF, $119,900), and Unit 123 (759 SF, $213,900).

Property profile

Verified
Property type Office Spaces
Year built 1999
Total area 407 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11550 Stillwater Blvd Lake Elmo, MN 55042
Lake Elmo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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