Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1133 120Th St Burnsville, MN 55337
    Back to Search
    Property profile & analytics

    1133 120Th St Burnsville, MN 55337

    View on Map
    • Warehouses
    • 32,708 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Concentric / Big Box & Wholesale Store

    Property Details for 1133 120Th St

    Year built
    1967
    Property size
    32,708 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial warehouse property, located at 1133 120th St E in Burnsville, Minnesota, presents a significant leasing opportunity. The building, constructed in 1967, offers a total of 32,708 square feet of space, with 4,800 square feet currently available for lease. The warehouse features a desirable single-tenant occupancy, making it ideal for businesses seeking a dedicated and spacious facility. The high ceilings, measuring 14 feet, provide ample vertical clearance for storage and operations. Convenient loading and unloading are facilitated by two dock-high doors and a single drive-in door, ensuring efficient material handling. Situated in Dakota County, this property benefits from a strategic location within the Burnsville, MN 55337 zip code, offering easy access to major transportation routes and a thriving business community. The property's industrial zoning and ample space make it suitable for a wide range of warehouse and distribution operations. This is a rare opportunity to secure a well-maintained, functional warehouse in a prime location. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2595
    Latitude
    44.788

    Comparable in this City

    • Value Estimation by Request
      78,531 SF

      11401-11481 Rupp Dr

      Distribution properties • 78,531 SF
      11401-11481 Rupp Dr, Burnsville, MN 55337
      View Details
    • Value Estimation by Request
      14,868 SF

      3150 County Road 42

      Distribution properties • 14,868 SF
      3150 County Road 42, Burnsville, MN 55337
      View Details
    • Value Estimation by Request
      25,020 SF

      1303 Larc Industrial Blvd

      Distribution properties • 25,020 SF
      1303 Larc Industrial Blvd, Burnsville, MN 55337
      View Details
    • Value Estimation by Request
      34,456 SF

      1548 Cliff Rd

      Distribution properties • 34,456 SF
      1548 Cliff Rd, Burnsville, MN 55337
      View Details
    • Value Estimation by Request
      51,974 SF

      12207-12209 Wood Lake Dr

      Distribution properties • 51,974 SF
      12207-12209 Wood Lake Dr, Burnsville, MN 55337
      View Details
    • Value Estimation by Request
      80,509 SF

      12255 Nicollet Ave

      Distribution properties • 80,509 SF
      12255 Nicollet Ave, Burnsville, MN 55337
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      46,464 SF

      Burnsville Industrial Warehouse For Sale

      46,464 SF industrial building in Burnsville, Minnesota.
      901 Cliff Rd E, Burnsville, MN 55337
      View Details
    • Contact for pricing
      47,000 SF

      Burnsville Warehouse Space Available

      47,000 square foot warehouse space for lease.
      25 Cliff Rd W, Burnsville, MN 55337
      View Details
    • Contact for pricing
      33,350 SF

      Burnsville Industrial/Retail Opportunity For Sale

      33,350 SF industrial/retail building on 1.96 acres for sale.
      3200 Highway 13 W, Burnsville, MN 55337
      View Details
    • Contact for pricing
      15,352 SF

      Highway Frontage Commercial Building

      15,352 SF mixed-use building with highway visibility in Burnsville.
      2401 Highway 13 W, Burnsville, MN 55337
      View Details
    • Contact for pricing
      46,464 SF

      Burnsville Warehouse For Sale

      46,464 SF warehouse available for purchase in Burnsville, MN.
      901 Cliff Rd E, Burnsville, MN 55337
      View Details
    • $199,900
      1,663 SF

      Burnsville Industrial Space - For Sale

      Office/Warehouse, 1663 sq ft, Great Location
      1301 Cliff Rd, Burnsville, MN 55337
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,736 SF

      Warehouse Space with Highway Visibility

      Warehouse space with dock loading and highway access in Burnsville.
      1166-1200 Cliff Rd E, Burnsville, MN 55337
      View Details
    • Contact for pricing
      45,300 SF

      Burnsville Warehouse Space Available

      45,300 SF warehouse space available for sublease.
      2300 Highway 13 W, Burnsville, MN 55337
      View Details
    • Contact for pricing
      850 SF

      Burnsville Warehouse Space Available

      850 SF warehouse space with 21'6" clear height.
      2960 Judicial Rd, Burnsville, MN 55337
      View Details
    • Contact for pricing
      3,608 SF

      Burnsville Warehouse Space Available

      3,608 SF warehouse space available for lease in Burnsville.
      12201-12221 Nicollet Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      2,323 SF

      Burnsville Warehouse Space Available

      Warehouse space available for lease in Burnsville, Minnesota.
      12201-12239 Wood Lake Dr, Burnsville, MN 55337
      View Details
    • Contact for pricing

      Burnsville Office/Showroom/Warehouse Complex

      Office, production, and warehouse spaces in Burnsville, Minnesota.
      12270-12274 Nicollet Ave, Burnsville, MN 55337
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1133 120Th St
    Burnsville, MN 55337
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1133 120Th St, Burnsville, MN, 55337
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!