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    Property profile & analytics
    OFF-MARKET Estimated value $2,430,000
    Commercial real estate

    10650 Red Cir Dr, Eden Prairie, MN 55343-9117

    17,320 SF 5.17 ac lot Built 1978
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US46-0024803
    Property summary
    AI-generated overview

    Continental Minnetonka, located at 10650 Red Cir Dr, Minnetonka, MN 55343, presents a fantastic opportunity for medical professionals seeking move-in-ready office space. This Class B building, constructed in 1978, offers a total of 97,482 square feet, with 51,089 square feet currently available for lease. The property features multiple tenancies, providing flexibility for various practice sizes. Three spaces are immediately available, ranging from 1,436 to 6,581 square feet, catering to a diverse range of needs. The building boasts newly refreshed common areas, enhancing the overall professional atmosphere. Situated in the vibrant East Minnetonka neighborhood, this location provides excellent accessibility and visibility. The property is conveniently located in Hennepin County, Minnesota, offering easy access to major transportation routes and local amenities. This is an exceptional opportunity to establish or expand your medical practice in a well-maintained and desirable location. The building's substantial size and available space make it ideal for both small and large medical practices seeking a modern and efficient workspace. Don't miss this chance to secure your ideal medical office space in a thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1978
    Construction STEEL FRAME
    Total area 17,320 SF
    Lot 5.17 ac (225,205 SF)
    Zoning code I-1
    APN 36-117-22-34-0014
    UPID US46-0024803
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.95M
    Comparable Approach Comparable
    $1.66M
    Blend (final) Blend
    $2.43M
    Owner & transaction history
    The Geode LLC · 1 yrs held
    The Geode LLC
    since 2025
    7 recorded transactions
    2025
    2025
    $5.9M
    2020
    2020
    2018
    2018
    2013
    Zoning & alternative use
    I-1 · Eden Prairie, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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