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    4131 Old Sibley Memorial Hwy Eagan, MN 55122

    • Office buildings
    • 18,000 SF
    • 2.11 lot acres
    For Lease
    View listing
    $8 SF/Yr
    Value Estimation
    $1,840,000
    Last Sale
    Jun 06, 2022
    $2,000,000
    Location Intelligence
    Property ID
    US46-2892862
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 4131 Old Sibley Memorial Hwy

    Year built
    1996
    Lot size
    2.11 lot acres
    Property size
    18,000 SF
    Property type
    Office buildings
    APN
    10-59102-01-020
    APU
    105910201020

    Description

    This exceptional property, located at 4131 Old Sibley Memorial Hwy, Eagan, MN 55122 (cross streets: Diffley and Cedar Ave), offers a unique blend of warehouse and traditional office space. The building, constructed in 1996 and extensively renovated in 2022, boasts a total of 36,000 square feet across two stories. The building features a 20-foot ceiling height, providing ample vertical space for various uses. The property sits on 1.5 acres of land and has a floor area ratio (FAR) of 200. Currently, there are five suites available, with a total of 9,150 square feet of vacant space. Flexible lease options are available, accommodating spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 18,000 square feet. This makes it ideal for a variety of businesses, from small startups to larger enterprises needing both office and warehouse functionality. The property is situated in the Eagan submarket of the Minneapolis Twin City Area, offering convenient access to major transportation routes and amenities. This is a rare opportunity to secure high-quality, versatile commercial space in a prime location. The property is classified as Office, Special Purpose with a subtype of Warehouse and Traditional Office, and is suitable for multiple tenants.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,770,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,005,000
      6.5%
      $2,300,000
      7%
      $1,890,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,980,000
      Geo Method
      $2,310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,770,000
      Retail
      $1,875,000
      Mixed-Use
      $2,025,000
      Hospitality
      $1,800,000
      Educational
      $1,985,000
      Residential Income
      $1,670,000
      Energy
      $2,210,000
      Income-Based Land
      $1,945,000
      Food Service
      $1,785,000

    Location Insight

    • Map
    • Local Demand
    City
    Eagan
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2252
    Latitude
    44.8091
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,418
    $419,800
    $898,800
    $1,318,600
    -
    $419,800
    $898,800
    $1,318,600

    Comparable in this City

    • Value Estimation by Request
      8,615 SF

      4640 Slater Rd

      OFFICE BUILDING • 8,615 SF
      4640 Slater Rd, Eagan, MN 55122-4043
      View Details
    • Value Estimation
      $225,000
      4,296 SF

      4141 Old Sibley Memorial Hwy

      OFFICE BUILDING • 4,296 SF
      4141 Old Sibley Memorial Hwy, Eagan, MN 55122-1996
      View Details
    • Value Estimation by Request
      47,250 SF

      1915 Plz Dr

      OFFICE BUILDING • 47,250 SF
      1915 Plz Dr, Eagan, MN 55122-3044
      View Details
    • Value Estimation by Request
      15,180 SF

      4640 Nicols Rd

      OFFICE BUILDING • 15,180 SF
      4640 Nicols Rd, Eagan, MN 55122-2584
      View Details
    • Value Estimation
      $280,000
      2,846 SF

      4682 Slater Rd

      OFFICE BUILDING • 2,846 SF
      4682 Slater Rd, Eagan, MN 55122-2362
      View Details
    • Value Estimation
      $225,000
      2,816 SF

      4678 Slater Rd

      OFFICE BUILDING • 2,816 SF
      4678 Slater Rd, Eagan, MN 55122-2362
      View Details

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    Similar Nearby for Lease

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    • $8 SF/Yr
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      Eagan Warehouse Office Space Available

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      4131 Old Sibley Memorial Hwy, Eagan, MN 55122
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    • $25 SF/Yr
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    Eagan, MN 55122
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    Realmo Value Estimation

    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.

    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.

    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
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