Property profile

11055 Wayzata Blvd Minnetonka, MN 55305

OFF-MARKET
Commercial real estate
Property ID
US46-0222485
31,032 SF 7.05 ac lot Built 2008
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Construction STEEL FRAME
Total area 31,032 SF
Lot 7.05 ac (307,098 SF)
Zoning code PID
APN 01-117-22-32-0056
UPID US46-0222485

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Corporate Office
  • Corporate Office
  • Medical Clinic

Location

11055 Wayzata Blvd Minnetonka, MN 55305-1573
Minnetonka metro Census 26405 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.29M
Comparable Approach Comparable
$3.81M
Blend (final) Blend
$4.63M

Owner & transaction history

since 2021
7 recorded transactions
2022
Price N/A
2021
Price N/A
2019
$18.5M
2018
Price N/A
2016
Price N/A
2016
$24.5M
2016
Price N/A

Zoning & alternative use

PID · Minnetonka, MN
Zoning description

The purpose of the planned I-394 district is to establish a comprehensive, planned framework for development within the I-394 corridor.

General category UNKNOWN

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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