5821 Cedar Lake Rd St. Louis Park, MN 55416
- Commercial real estate
- 44,226 SF
- 0.60 lot acres
Current Use by Public Records
- Body Mind Connection / Massage Therapist / Mediation Service
- Resume Specialists / Resume Service
- dr. margaret flaget-greener / Mental Health Clinic
- MidWest Center for Personal & Family Development / Mental Health Clinic
- Just Professional Massage / Massage Therapist
Property Details for 5821 Cedar Lake Rd
- Year built
- 1984
- Lot size
- 0.60 lot acres
- Property size
- 44,226 SF
- Property type
- Commercial real estate
- APN
- 04-117-21-34-0022
- APU
- 411721340022
Description
Sunset Ridge Business Center offers three executive office suites ranging from 80 to 100 square feet each, ideally situated at 5821 Cedar Lake Road, Unit H, in St. Louis Park, Minnesota. This convenient location places the property directly behind Home Depot and Costco, ensuring high visibility and easy access for clients and employees. Each suite is designed as an individual professional office, providing privacy and a professional atmosphere. The building features a shared common entry for all tenants, enhancing security and creating a sense of community. Modern, updated decor throughout the building contributes to a welcoming and productive work environment. Multiple bathrooms are available for tenant use, ensuring convenience and comfort. Tenants also benefit from access to a shared conference room, perfect for meetings and presentations, and a shared cafeteria, providing a comfortable space for breaks and informal gatherings. Further enhancing the tenant experience is the provision of Culligan filtered water, ensuring access to clean and refreshing drinking water. The property is perfect for small businesses or individual professionals seeking a professional and well-maintained workspace in a prime location. The total building square footage is not currently available. Interested parties are encouraged to inquire for further details and availability.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $365,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $355,000
- Mixed-Use
- $360,000
- Hospitality
- $380,000
- Educational
- $330,000
- Residential Income
- $360,000
- Energy
- $380,000
- Income-Based Land
- $275,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- St Louis Park
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3549
- Latitude
- 44.9646
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
