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Property profile & analytics
FOR SALE
Office buildings
14551 Judicial Rd, Burnsville, MN 55306
Entity Owned
10-yr Hold
Free & Clear
Property ID
US46-0438521
For Sale
1 / 28
$2,950,000
14551 Judicial Rd, Burnsville, MN 55306
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Property summary
AI-generated overview
This exceptional 18,880-square-foot medical office building in Burnsville, Minnesota, presents a compelling investment opportunity. Built in 1999, this single-story property boasts high-end finishes and a desirable location at the intersection of Judicial Road and Southcross Drive West. The building features ample parking, proximity to numerous retail and dining establishments, and strong demographics. The current owner is open to leasing back approximately 5,000 square feet, offering potential for immediate income generation. All furniture is negotiable. The property includes a well-appointed interior and is ideally suited for a variety of uses, including medical practices, technology companies, or showrooms. The assessed parcel identification number (APN) is 02-47200-01-010, and the 2024 real estate taxes are estimated at $46,838. The asking price is $2,649,000. A video tour is available online. This is a turnkey opportunity in a thriving location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
WOOD FRAME
Total area
18,880 SF
Lot
2.23 ac (97,139 SF)
APN
02-47200-01-010
UPID
US46-0438521
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
-
Gary Blount Physician
-
Shamrock Productions Inc Construction Company General Contractor
-
Katherine Vandenplas Physician
-
Angela Goens Physician
-
Lora Rodriguez Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.85M
Comparable Approach
Comparable
$2.74M
Blend (final)
Blend
$2.95M
Owner & transaction history
Kg Properties LLC · 10 yrs held
Kg Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.7M
+29.5%
Restaurant
$3.7M
+26.7%
Auto repair, garage
$3.2M
+11.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burnsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burnsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,165,000
6.5%
$3,845,000
7%
$3,570,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,890,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,745,000
Change: +30% · Conversion: Difficult
RESTAURANT
$3,665,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,225,000
Change: +12% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,875,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,690,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$2.95M
Range $2.66M – $3.25M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$156 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$45,784
Tax year 2023
Assessed value
$1,624,400
Assessed 2022
Previous assessed
$1,600,800
+1.5% YoY
Effective rate
2.82%
On assessed value
Assessed land
$485,400
Assessed improvement
$1,139,000
Land market value
$485,400
Improvement market value
$1,139,000
Total market value
$1,624,400
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1999
Construction
WOOD FRAME
Heating
NONE
Bathrooms
8
Total area
18,880 SF
Lot
2.23 ac (97,139 SF)
APN
02-47200-01-010
UPID
US46-0438521
Jurisdiction
DAKOTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
RESTAURANT
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$2.9M
RETAIL STORES
Est. value
$2.7M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
WOOD FRAME
Heating
NONE
Bathrooms
8
Lot
2.23 ac
Current owner
From public records · entity-resolved
Kg Properties LLC
Entity
Free & Clear · 10 yrs held
Mailing address
14551 JUDICIAL RD STE #100, BURNSVILLE, MN 55306-4991
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2016
—
Kg Properties LLC
—
Deed
related
$1,050,000 · Associated Bk
May 16, 2016
—
Kg Properties LLC
—
Deed
related
$860,000 · Twin Cities-metro Certified De
Nov 4, 2015
$1,530,000
Kg Properties LLC
Maas Commercial Properties LLC
Warranty Deed
—
Feb 18, 2005
—
Maas Commercial Properties LLC
—
Trustees Deed
related
$225,000 · Eagle Valley Bank NA
—
—
Maas Commercial Properties LLC
—
Deed Of Trust
related
$1,410,000 · Eagle Valley Bank NA
—
—
Maas Commercial Properties LLC
—
Loan Modification
related
$885,490 · Unity Bk
—
—
Kg Properties LLC
—
Deed Of Trust
related
$1,050,000 · Associated Bk
—
—
Kg Properties LLC
—
Deed Of Trust
related
$860,000 · Twin Cities-metro Certified De
—
—
Maas Commercial Properties LLC
—
Deed Of Trust
related
$1,600,000 · M & I Marshall & Isley Bank
—
—
Maas Commercial Properties LLC
—
Deed Of Trust
related
$940,000 · Unity Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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