Financial
Distress signals
Property profile

12125 Nicollet Ave Burnsville, MN 55337

FOR LEASE
Distribution centers
Property ID
US46-0904826
118,400 SF 12.4 ac lot Built 1997
Last sale Sep 2013 · $7,290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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12125 Nicollet Ave, Burnsville, MN 55337 For Lease
$11,580,000
12125 Nicollet Ave, Burnsville, MN 55337
View Listing

Property summary

AI-generated overview

The Nicollet Business Center offers a prime industrial warehouse opportunity in Dakota County. This multi-tenant property boasts a total of 118,125 square feet, with 16,935 square feet currently available as an end-cap space. Built in 1997, the building features a desirable 24-foot ceiling height, ideal for various warehousing and distribution needs. The available space provides excellent access with one dock-high door and two drive-in doors. The property sits on 12.4 acres of land,…

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?
$242k
Tax billed · 2023
Assessed value · 2022$8.29M
Assessed land$2.16M
Assessed improvement$6.13M
Effective rate2.92%

Value estimate

· Sep 2026
$11.58M
$10.42M – $12.74M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$152/SF
County average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$84 – $194

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.2
Bakery9.8
Smoke and Vape Shop9.7

Location

12125 Nicollet Ave Burnsville, MN 55337
County assessor Recorded deeds · 3 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

5 recorded sales · 17 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11921 Portland, Burnsville, MN 55337-4891 $3,100,000 Jan 2022 45,503 SF
11975 Portland Ave, Burnsville, MN 55337-1566 $4,300,000 Jun 2021 No data
500 Travelers, Burnsville, MN 55337-7502 $2,322,040 Sep 2020 42,500 SF
501 Hwy 13th E, Burnsville, MN 55337-2884 $4,600,000 Sep 2020 43,076 SF
12200 Nicollet, Burnsville, MN 55337-1652 $2,400,000 Mar 2019 26,756 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?”
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