Property profile

16490 78th St Eden Prairie, MN 55346

OFF-MARKET
Other commercial real estate
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Property ID
US46-0691983
7,993 SF 0.23 ac 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.
Market Trends Soon

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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

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

Realmo valuation models over county records and 16 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 comparables16

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 16 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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