Financial
Distress signals
Property profile

16490 78th St Eden Prairie, MN 55346

OFF-MARKET
Other commercial real estate
Property ID
US46-0691983
7,993 SF 0.23 ac lot Built 1994
Last sale May 2019 · $3,340,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a healthcare-oriented commercial facility configured as an urgent-care medical center and is currently occupied by MedExpress Urgent Care. The building is structured under a long-term modified NNN lease framework, including a scheduled rent increase in year six and three subsequent five-year renewal options that also include rent increases. The facility is located in Eden Prairie within less than one mile of Eden Prairie High School and is situated in a surrounding area supported by a sizable residential population base.

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?
$61k
Tax billed · 2023
Assessed value$2.20M
Assessed land$177k
Assessed improvement$2.03M
Effective rate2.78%

Value estimate

· Sep 2026
$1.25M
$1.13M – $1.38M
CAP approach$1.36M
Submarket $/SF estimate$892k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$221/SF
Submarket average, outlier-cleaned · 88 recorded sales of this use type
Observed band · Q1–Q3$134 – $323
Qualifying comparables10

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

What can be built here?
C-COM
The special purposes of the C-Com Community Commercial District are to: 1. Provide appropriately located areas for retail stores, offices...
General categoryCOMMERCIAL
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.7
Law Firm16.6
Restaurant14.8

Location

16490 78th St Eden Prairie, MN 55346-4300
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14301 62nd, Eden Prairie, MN 55346-1708 $2,311,000 Feb 2026 9,382 SF
6216 Baker, Eden Prairie, MN 55346-1928 $4,000,000 Oct 2023 8,409 SF
16500 Main, Eden Prairie, MN 55346 $17,000,000 Apr 2019 86,027 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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