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    Property profile & analytics
    OFF-MARKET Estimated value $2,290,000
    Office buildings

    12940 Harriet S Ave, Burnsville, MN 55337-2680

    26,119 SF 1.6 ac lot Built 1979
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US46-1035335
    Property summary
    AI-generated overview

    Located in the heart of the city, the Skyline Professional Building offers 24,757 square feet of Class B medical office space in a single, two-story building constructed in 1979. This exceptionally clean, locally owned and managed property boasts recently renovated common areas, restrooms, and landscaping. The building sits on 1.6 acres of land and provides ample parking with 107 spaces. Five suites are currently available, ranging from a minimum of 263 square feet to a maximum of 2,331 contiguous square feet. Two suites include convenient kitchenettes. The property is ideally situated within walking distance of banks, restaurants, coffee shops, and a convenience store, offering excellent walkability and numerous amenities. Its strategic location provides easy access to major transportation routes, being just 13 minutes from the airport and Mall of America, and less than 20 minutes from both Minneapolis and St. Paul. The building also features a shared conference room and is conveniently located on a bus line. Property taxes are $1.57 per square foot. This is an exceptional opportunity for medical professionals seeking a well-maintained, conveniently located office space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1979
    Construction CONCRETE
    Total area 26,119 SF
    Lot 1.6 ac (69,696 SF)
    Zoning code R
    APN 02-01300-23-013
    UPID US46-1035335
    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
    Current use
    Occupant on record · Public records
    • Mr. William Nichols Physician
    • Xantel Inc (Bike/Boat/Book/etc) Store Corporate Office
    • David A. Yearling, DC Alternative Medicine Practice
    • Karlynn L. Benson, DC Alternative Medicine Practice
    • Chau Nguyen, DPM Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.09M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.20M
    Blend (final) Blend
    $2.29M
    Owner & transaction history
    J Lynn Properties LLC · 1 yrs held
    J Lynn Properties LLC
    since 2025
    Last sale
    $2.5M
    7 recorded transactions
    2025
    $2.5M
    2024
    2020
    2016
    2012
    $1.0M
    2011
    $1.0M
    2007
    $500
    Zoning & alternative use
    R · Burnsville, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $3.7M +24.5%
    Industrial (general) $3.0M +1.1%
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