Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12701 Chowen Ave S Ste 105b Burnsville, MN 55337-6020

    • Industrial properties
    • 6,016 SF
    OFF-MARKET
    Value Estimations
    $665,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-1136337
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Minnesota Telephone Networks / Telecommunications Service
    • MCI Paint & Drywall Inc. / Hardware & Home Improvement / Interior Design
    • Brooks Automotive Inc / Auto Repair Shop
    • Brooks Towing LLC / Auto Repair Shop
    • A J Moore Electric, INC / Electrical Service / General Contractor

    Property Details for 12701 Chowen Ave S Ste 105b

    Year built
    1997
    Construction
    CONCRETE
    Property size
    6,016 SF
    Property type
    Industrial properties
    APN
    02-67800-10-105
    APU
    26780010105

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $646,000
      Market price range: $500k - $833k
      AI Estimate
      $750,000
      Market price range: $424k - $1.30M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $695,000
      Current use
      AUTO REPAIR, GARAGE
      $1,025,000
      Change: +47% Conversion: Easy
      WAREHOUSE, STORAGE
      $915,000
      Change: +32% Conversion: Easy
      RETAIL STORES
      $855,000
      Change: +23% Conversion: Moderate
      OFFICE BUILDING
      $690,000
      Change: -1% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.3244
    Latitude
    44.7747
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,196
    $77,400
    $432,500
    $509,900
    -
    $77,400
    $432,500
    $509,900

    Comparable in this City

    • Value Estimation by Request

      12255-12287 Nicollet Ave

      Flex space
      12255-12287 Nicollet Ave, Burnsville, MN 55337
      View Details
    • Value Estimation by Request
      10.37 Acres

      Burnsville, MN 55337

      INDUSTRIAL (GENERAL) • 10.37 Acres
      Burnsville, MN 55337
      View Details
    • Value Estimation by Request
      9.73 Acres

      Burnsville, MN 55337

      INDUSTRIAL (GENERAL) • 9.73 Acres
      Burnsville, MN 55337
      View Details
    • Value Estimation by Request
      1,103 SF

      Burnsville, MN 55337

      CONDOMINIUMS (INDUSTRIAL) • 1,103 SF
      Burnsville, MN 55337
      View Details
    • Value Estimation by Request
      559 SF

      Burnsville, MN 55337

      CONDOMINIUMS (INDUSTRIAL) • 559 SF
      Burnsville, MN 55337
      View Details
    • Value Estimation
      $3,255,000
      19,800 SF

      200 121st St

      INDUSTRIAL (GENERAL) • 19,800 SF
      200 121st St, Burnsville, MN 55337
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,050 SF

      River Ridge Commerce Center: Prime Burnsville Location

      21,050 SF Office/Flex Space, Excellent Access
      12425 River Ridge Blvd, Burnsville, MN 55337
      View Details
    • $5,715,072
      46,464 SF

      901 Cliff Rd E Warehouse - Burnsville, MN

      Spacious Burnsville warehouse, ideal for industrial use.
      901 Cliff Rd, Burnsville, MN 55337
      View Details
    • $199,900
      1,663 SF

      Burnsville Industrial Space - For Sale

      Office/Warehouse, 1663 sq ft, Great Location
      1301 Cliff Rd, Burnsville, MN 55337
      View Details
    • Contact for pricing
      33,350 SF

      Burnsville Industrial/Retail Opportunity For Sale

      33,350 SF industrial/retail building on 1.96 acres for sale.
      3200 Highway 13 W, Burnsville, MN 55337
      View Details
    • Contact for pricing
      21,050 SF

      Versatile Office/Flex/Education Space Available

      21,050 SF office/flex space with heavy build-out, mixed-use zoning.
      12425 River Ridge Blvd, Burnsville, MN 55337
      View Details
    • $5,111,040
      46,464 SF

      Burnsville Industrial Warehouse For Sale

      46,464 SF industrial building in Burnsville, Minnesota.
      901 Cliff Rd E, Burnsville, MN 55337
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Property Fully Leased

      Industrial property in Burnsville, MN, currently 100% leased.
      12170-12190 County Road 11, Burnsville, MN 55337
      View Details
    • $8 SF/Yr
      26,852 SF

      Burnsville Showroom: Flex Space Available

      Prime Burnsville Office/Showroom Space
      2200 117Th St, Burnsville, MN 55337
      View Details
    • $14 SF/Yr
      3,223 SF

      Burnsville Office/Showroom/Warehouse Space

      Office, showroom, and warehouse space for lease in Burnsville.
      2200-2228 E 117Th St, Burnsville, MN 55337
      View Details
    • Contact for pricing
      11,641 SF

      Burnsville Warehouse with Office Space

      11,641 SF warehouse with office, dock doors, and drive-in.
      151 Cliff Rd E, Burnsville, MN 55337
      View Details
    • Contact for pricing
      2,828 SF

      Burnsville Office and Warehouse Space

      Office and warehouse spaces available with dock and drive-in access.
      2970 Judicial Rd, Burnsville, MN 55337
      View Details
    • $12 SF/Yr
      2,800 SF

      Burnsville Warehouse Space Available Now

      2,800 SF warehouse space available for lease in Burnsville.
      1650-1686 Cliff Rd E, Burnsville, MN 55337
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12701 Chowen Ave S Ste 105b
    Burnsville, MN 55337-6020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.