11550 Stillwater Blvd Lake Elmo, MN 55042
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).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.