Financial
Distress signals
Property profile

7901 Xerxes Ave South Bloomington, MN 55431

FOR LEASE
Commercial real estate
Property ID
US46-0660593
19,874 SF 2.99 ac lot Built 1978
Last sale Dec 2021 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Xerxes Plaza, located at 7901 Xerxes Ave S in Bloomington, Minnesota, offers prime executive office space for lease. This Class B building, totaling 64,170 square feet, underwent renovations in 2019 and sits on a 2.99-acre lot. The property features multiple tenancies, with flexible space options ranging from a minimum of 1,212 square feet to a maximum contiguous space of 9,717 square feet. Currently, there are 25,248 square feet of vacant space available, ideal for businesses seeking

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$227k
Tax billed · 2023
Assessed value$4.79M
Assessed land$2.48M
Assessed improvement$2.31M
Effective rate4.73%

Value estimate

· Sep 2026
$4.29M
$3.86M – $4.71M
AI approach$4.27M
CAP approach$3.45M
Sales comparison$3.28M
NOI build-up
Gross scheduled income$1.41M
Vacancy & credit loss−$393k
Operating expenses−$254k
NOI · 5,644,518.52% cap applied$762k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$151/SF
Submarket average, outlier-cleaned · 1192 recorded sales of this use type
Observed band · Q1–Q3$71 – $247
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5,644,518.52%
$762k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply19.0
HVAC Service15.6
Auto Parts Store14.1

Location

7901 Xerxes Ave South Bloomington, MN 55431
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2119 90th, Bloomington, MN 55431-2239 $475,000 Jan 2026 9,168 SF
2800 American W, Bloomington, MN 55431-1205 $24,000,000 Sep 2024 42,495 SF
9741 James S, Bloomington, MN 55431 $1,180,000 Aug 2023 9,640 SF
9056 Penn S, Bloomington, MN 55431-2226 $2,450,000 Jun 2023 21,067 SF
2740 American W, Bloomington, MN 55431-1203 $5,700,000 Mar 2020 35,593 SF
10700 France S, Bloomington, MN 55431-2074 $625,000 Aug 2019 21,441 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message