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Property profile & analytics
OFF-MARKET
Office buildings
10523 165th W St Lakeville, MN 55044-5723
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US46-0062907
Property summary
AI-generated overview
This exceptional executive office space in Lakeville, Minnesota, offers a variety of suite sizes perfect for businesses seeking a prestigious location. Located at 10523 165th Street West, zip code 55044, in Dakota County, this property boasts a total of 24,989 square feet, with multiple tenancy options. Currently, there are 3,293 square feet of vacant space available, divisible into units as small as 1,600 square feet. The maximum contiguous space available is 1,693 square feet. This presents an excellent opportunity for businesses needing flexible and adaptable office solutions. The building's location in Lakeville provides easy access to major transportation routes and amenities, making it an ideal choice for professionals and companies seeking a convenient and productive work environment. The property is classified as an Executive Office and Professional space, ensuring a high-quality and sophisticated setting. This is a rare opportunity to secure prime office space in a thriving Minnesota community. Inquire today to learn more about leasing options and availability.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
WOOD
Total area
3,072 SF
Lot
0.07 ac (3,049 SF)
APN
22-44461-01-090
UPID
US46-0062907
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Network Logistics Management Trucking Company
-
Home Pro America Construction Company General Contractor
-
Kitchen Renovations Home Decor Store Department Store
-
Farmhouse Music Studio Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Edge Holdings LLC · 17 yrs held
Edge Holdings LLC
since 2009
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lakeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,112
Tax year 2023
Assessed value
$347,200
Assessed 2022
Previous assessed
$347,200
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$50,000
Assessed improvement
$297,200
Land market value
$50,000
Improvement market value
$297,200
Total market value
$347,200
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
NONE
Bathrooms
2
Total area
3,072 SF
Lot
0.07 ac (3,049 SF)
APN
22-44461-01-090
UPID
US46-0062907
Jurisdiction
DAKOTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
NONE
Bathrooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Edge Holdings LLC
Entity
Mailing address
7757 PR GRASS PASS, PRIOR LAKE, MN 55372-4900
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2025
—
Distinctive Holdings Mn LLC
—
Deed
related
$702,375 · Riverland Bank
Jul 17, 2009
$805,000
Edge Holdings LLC
William Blair Properties LLC
Warranty Deed
related
$644,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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