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Property summary
This 1,915-square-foot office suite is immediately available in the North Star Professional Center, a Class B building (73,710 total square feet) constructed in 1981. Located at 2701 University Ave SE, Minneapolis, MN 55414, this northwest corner suite boasts windows on two sides and offers abundant natural light. The space includes a built-in sink and is in move-in condition. The building features two elevators, underground and surface parking, a security guard, and a recently renovated… common area. The building is sprinklered. The property benefits from a responsive landlord and local ownership and management. An improvement allowance is available. The net rent is $13.00 per square foot per year, with estimated 2023 operating expenses of $12.84 per square foot per year. This popular Midway location offers easy access to I-35W, Hwy 280, and I-94, and is conveniently situated near the University of Minnesota campus, a light rail station, bus stop, hotels, retail, post office, banks, restaurants, and regional bike trails. Walkable proximity to Surly Brewing and Fresh Thyme Farmers Market adds to its appeal.
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 and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
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 · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 115,478 SF
- Lot area
- 2.84 ac
- Year built
- 1946
- Stories
- 1
- APN
- 11-029-24-21-0015
- Zoning
- I2
- Assessed value · 2023
- $3,800,000
- Annual tax · 2023
- $127,126
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $127,126
- Selected cap rate
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.
Zoning designation
Registration is required before the official district profile is shown.
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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- Alternative use
- Local Zoning Insight
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- 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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