Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
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
Last sale May 2025 · $5,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$320k
Tax billed · 2023
Assessed value$10.92M
Assessed land$4.05M
Assessed improvement$6.86M
Effective rate2.93%

Value estimate

· Oct 2026
$2.43M
$2.19M – $2.67M
CAP approach$2.95M
Submarket $/SF estimate$1.66M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$160/SF
County average, outlier-cleaned · 1276 recorded sales of this use type
Observed band · Q1–Q3$80 – $265
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-1
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop15.4
Hair Salon12.4
Storage Facility12.4

Location

10650 Red Cir Dr Eden Prairie, MN 55343-9117
County assessor Recorded deeds · 16 transfers 6 qualifying comp sales Zoning catalog

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
1017 Mainstreet, Hopkins, MN 55343-7517 $425,000 Feb 2026 No data
10900 Red Cir, Minnetonka, MN 55343-9106 $23,069,000 Jul 2025 56,163 SF
1515 Mainstreet, Hopkins, MN 55343-7406 $300,000 Jan 2025 905 SF
6110 Blue Cir, Minnetonka, MN 55343-9128 $2,850,000 Sep 2023 18,000 SF
6001 Shady Oak S, Minnetonka, MN 55343-8912 $1,650,000 Sep 2023 16,186 SF
5605 Grn Cir, Minnetonka, MN 55343-4523 $3,400,000 Sep 2023 36,159 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?”
You own 10650 Red Cir Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again