Property profile

10650 Red Cir Dr Eden Prairie, MN 55343

OFF-MARKET
Commercial real estate
Property ID
US46-0024803
17,320 SF 5.17 ac lot Built 1978
Entity Owned 1-yr Hold ~ Est. High Equity
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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

Location

10650 Red Cir Dr Eden Prairie, MN 55343-9117
Eden Prairie metro Census 26104 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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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

since 2025
7 recorded transactions
2025
Price N/A
2025
$5.9M
2020
Price N/A
2020
Price N/A
2018
Price N/A
2018
Price N/A
2013
Price N/A

Zoning & alternative use

I-1 · Eden Prairie, MN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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