Financial
Distress signals
Property profile

2060 Centre Pointe Blvd Mendota Heights, MN 55120

FOR LEASE
Office buildings
Property ID
US46-1125623
42,600 SF 4.39 ac lot Built 1997
Last sale Apr 2022 · $6,022,833
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a single-story office-tech building located in a park-like setting with outdoor patios and surrounding green space. The site includes on-site, free surface parking and is positioned near the Big Rivers Regional Trail along the Mississippi River. It provides access to major roadways including I-35E, I-494, and Highways 62 and 55, and is located within proximity to MSP International Airport as well as downtown Minneapolis and downtown St. Paul. The building is within walking…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$105k
Tax billed · 2023
Assessed value · 2022$3.55M
Assessed land$894k
Assessed improvement$2.65M
Effective rate2.97%

Value estimate

· Sep 2026
$5.33M
$4.80M – $5.86M
AI approach$5.65M
Submarket $/SF estimate$3.47M
NOI build-up
Gross scheduled income$222k
Vacancy & credit loss−$58k
Operating expenses−$41k
NOI · 881,771.43% cap applied$123k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 196 recorded sales of this use type
Observed band · Q1–Q3$81 – $168

Cap rate analysis

How does the asset earn?
881,771.43%
$123k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.6
HVAC Service9.2
Auto Parts Store9.1

Location

2060 Centre Pointe Blvd Mendota Heights, MN 55120
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1155 Northland, Mendota Heights, MN 55120-1288 $1,795,000 Oct 2024 6,986 SF
1150 Northland, Mendota Heights, MN 55120-1111 $1,100,000 Apr 2024 6,000 SF
1333 Northland, Mendota Heights, MN 55120-1345 $3,580,000 Feb 2022 34,977 SF
2520 Lexington S, Mendota Heights, MN 55120-1378 $1,225,000 Apr 2021 14,280 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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