Property summary
This exceptional 5,190 square foot freestanding office building presents a lucrative investment opportunity in the thriving Wayzata business community. Situated on a 0.15-acre lot at the highly desirable corner of Wayzata Boulevard and Broadway Avenue, this property enjoys unparalleled visibility and accessibility. Just two blocks north of Lake Street and the picturesque shores of Lake Minnetonka, the building benefits from a prime location within a vibrant and growing area. The… custom-built, two-story brick structure offers a well-balanced layout featuring a mix of private offices and open workspaces, catering to diverse business needs. The 3,460 square feet of above-ground space is complemented by ample off-street parking and professionally landscaped grounds. The building is currently fully leased through April 30, 2027, providing immediate and substantial rental income. Wayzata's dynamic business environment is marked by recent expansions, including new restaurants, shops, the Landing Hotel, and the Panoway development on Wayzata Bay. Located a convenient 12 miles west of downtown Minneapolis, this property offers an ideal blend of suburban tranquility and urban accessibility. Appointments to view the property are available Monday through Friday, from 10:00 AM to 5:00 PM. This is a rare opportunity to acquire a high-quality, fully leased office building in one of Minnesota's most desirable locations.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.15 ac
- Year built
- 2005
- APN
- 06-117-22-13-0037
- Assessed value · 2023
- $1,360,000
- Annual tax · 2023
- $35,023
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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