10800 Lyndale Ave Bloomington, MN 55420
- Commercial real estate
- 19,840 SF
- 4.76 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 10800 Lyndale Ave
- Year built
- 1971
- Lot size
- 4.76 lot acres
- Property size
- 19,840 SF
- Property type
- Commercial real estate
- APN
- 21-027-24-44-0022
- APU
- 2102724440022
Description
This exceptional three-story office building, totaling 79,480 square feet, presents a unique opportunity for businesses seeking executive office space in Bloomington, Minnesota. Located at 10800 Lyndale Ave S, 55420, this property boasts a prime location with easy access to major roadways including Lyndale Avenue, Highway 35W, and Highway 494. The building underwent a complete renovation in 2022, resulting in a modern and updated interior and exterior. Individual suites range from a minimum of 620 square feet to a maximum contiguous space of 1,378 square feet, with a total of 8,988 square feet currently vacant and available for lease. The property sits on a 4.76-acre lot and is zoned C-4. Building amenities include an indoor racquetball court complete with locker rooms and showers, free conference and meeting rooms, and convenient underground parking. Large windows throughout the building provide ample natural light and a serene atmosphere, enhanced by its location near a quiet cul-de-sac close to the River Bluff. Built in 1971, this property offers a blend of classic charm and modern functionality, making it an ideal location for discerning businesses. Multiple tenancy options are available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,245,000
- 6.5%
- $3,135,000
- 7%
- $3,545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,555,000
- Geo Method
- $3,350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,385,000
- Retail
- $3,555,000
- Mixed-Use
- $3,930,000
- Hospitality
- $3,360,000
- Educational
- $3,525,000
- Residential Income
- $2,990,000
- Energy
- $3,815,000
- Income-Based Land
- $3,945,000
- Food Service
- $3,640,000
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.2897
- Latitude
- 44.8081
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA