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    OFF-MARKET
    Office buildings

    14577 Grand Ave, Burnsville, MN 55306-5705

    2,016 SF 0.02 ac lot Built 1986
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US46-0814935
    Property summary
    AI-generated overview

    This exceptional 2,016 square foot office space at 14577 Grand Avenue in Burnsville, Minnesota, presents a unique opportunity. Situated on a 0.02-acre lot, the property boasts ample parking, a significant advantage in a competitive market. The building's flexible layout is ideal for a single tenant or multiple occupants, offering considerable adaptability to diverse business needs. The interior features two bathrooms and multiple levels, providing both privacy and functional space. The asking price is $235,000. A significant benefit is the comprehensive association fee, which covers a wide range of essential services, including trash removal, lawn care, snow removal, property management, and exterior maintenance. This significantly reduces the ongoing operational costs for the tenant(s). The property's location in Burnsville offers excellent accessibility and visibility. All measurements should be independently verified. This is a rare opportunity to acquire a well-maintained, conveniently located office space with flexible terms and minimal ongoing maintenance responsibilities. Don't miss out on this exceptional offering.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Construction WOOD
    Total area 2,016 SF
    Lot 0.02 ac (871 SF)
    Zoning code R
    APN 02-90420-00-060
    UPID US46-0814935
    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
    • AMS Dental Arts Inc Dental Office
    • John Mandt - Mutual of Omaha Advisor Insurance Agency
    • Body Tune Massage & Wellness Alternative Medicine Practice Spa & Massage Center
    • mstars Consultant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Gerardo Hernandez · 2 yrs held
    Gerardo Hernandez
    since 2023
    Last sale
    $225,000
    5 recorded transactions
    2023
    $247,500
    2023
    $225,000
    2004
    $500
    2004
    $370,000
    1969
    Zoning & alternative use
    R · Burnsville, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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