Property profile

7955 Stone Creek Dr Chanhassen, MN 55317

OFF-MARKET
Office Spaces
7,244 SF Built 2005
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Property summary

AI-generated overview

This exceptional investment opportunity presents four office condos totaling 7,244 square feet, ideally situated at 7955 Stone Creek Dr, Chanhassen, MN 55317. Priced at $1,150,000 ($158.75/sq ft), this Class B property offers significant potential for owner-users and investors alike. Built in 2005, the property features four units, each with its own entrance, providing excellent flexibility. Currently configured as three tenant spaces, the internal stairwell allows for easy customization to suit one to five users. The existing layout includes sixteen offices, two conference rooms, and five restrooms. The property benefits from a prime location along Highway 5, ensuring high visibility and accessibility. The association maintains exterior grounds and snow removal, eliminating the burden of exterior maintenance for the owner. The mixed-use office park offers various signage options, further enhancing marketing potential. Zoned for commercial use, this property is a versatile investment in a thriving location. The property is currently vacant, presenting a blank canvas for the new owner to tailor the space to their specific needs. This is a rare opportunity to acquire a well-maintained, highly visible office condo complex in a desirable location.

Property profile

Verified
Property type Office Spaces
Year built 2005
Total area 7,244 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Engineer Civil Engineer
  • Insurance Agency
  • Law Firm
  • Law Firm
  • Law Firm Child Welfare Organization

Location

7955 Stone Creek Dr Chanhassen, MN 55317
Chanhassen 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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