Property profile

823 Meander Ct Medina, MN 55340

OFF-MARKET
Office Spaces
4,800 SF Built 2003
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Property summary

AI-generated overview

Exceptional investment or owner-occupancy opportunity in Medina, MN's prestigious Rolling Green Business Center. This 4,800 square foot office building site presents the last available lot at this price point. Ideally situated near Highway 55, adjacent to the Medina Country Club, and surrounded by thriving residential areas, this property offers unparalleled access and visibility. The flexible zoning allows for business services, retail, or medical uses, making it perfect for a variety of businesses. The building can be designed to accommodate one to three separate office condos, providing significant versatility for both investors and owner-occupants. This presents a unique chance to build for resale or to create income-generating rental units. The lot is slab-on-grade, simplifying construction and reducing costs. The strategic location within the Rolling Green Business Center ensures a strong return on investment, given the surrounding residential growth and convenient access to major transportation routes. Don't miss this rare chance to secure a prime commercial property in a highly desirable Medina location. Further details regarding the Rolling Green Business Center are readily available upon request. Priced at $1,400,000.

Property profile

Verified
Property type Office Spaces
Year built 2003
Total area 4,800 SF

Cap rate & NOI

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

Location

823 Meander Ct Medina, MN 55340
Medina 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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