Financial
Distress signals
Property profile

3401 Highway 55 Eagan, MN 55121

FOR LEASE
Auto shops
Property ID
US46-3184298
4,567 SF 3.73 ac lot Built 1972
Last sale Aug 2025 · $2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An industrial, single-tenant property in Eagan, Minnesota, situated directly along Highway 55 and positioned for roadway visibility associated with an established highway frontage. The site has been operated as a landscape company facility under a sale-leaseback structure, with the building and site configured for use by one tenant.

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?
$22k
Tax billed · 2023
Assessed value · 2022$932k
Assessed land$586k
Assessed improvement$345k
Effective rate2.39%

Value estimate

· Sep 2026
$1.44M
$1.29M – $1.58M
NOI build-up
Gross scheduled income$301k
Vacancy & credit loss−$13k
Operating expenses−$87k
NOI · 1,708,072.70% cap applied$202k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$203/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$94 – $314

Cap rate analysis

How does the asset earn?
1,708,072.70%
$202k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
R
JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.4
HVAC Service9.1
Plumbing Service8.8

Location

3401 Highway 55 Eagan, MN 55121
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

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

Comparables

3 recorded sales · 14 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1056 Gemini, Eagan, MN 55121-2205 $3,326,666 May 2023 17,263 SF
3275 Dodd, Eagan, MN 55121-2318 $5,000,000 May 2022 54,825 SF
2980 Lone Oak, Eagan, MN 55121-1425 $450,000 Sep 2021 5,540 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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