Property summary
The property is an industrial building constructed in 1965 totaling approximately 220,000 square feet, including about 30,000 square feet of office space, situated on a 32.85-acre lot. The structure features precast cement with insulated wall construction and a clear height of 21 feet, supported by a standard wet sprinkler system. Lighting is provided via 90% high bay LED in the production area, with fluorescent lighting in the office and garage areas, and the facility includes 13,000 AMP 480V 3-phase electrical service. The building is two stories and includes roof components with a main roof age of about 23 years and smaller roofs of about 1 year. Parking consists of 260 surface stalls and 30 underground stalls. Loading access is provided by 4 dock doors and 1 drive-in door. The property is zoned I-5 Industrial Park and aligns with a 2040 Comprehensive Plan land use designation of Industrial: Flex/Tech.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Building Supply
Location
Value estimations
Owner & transaction history
Zoning & alternative use
and Open Space (P), Industrial (I, I-2, I-5 and I-Gen), TOD-MU (if the project includes commercial uses) and TOD-E (if the project includes industrial uses) zoning districts. C. Duration of Image. A dynamic display's ima…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-5 · Eden Prairie, MNand Open Space (P), Industrial (I, I-2, I-5 and I-Gen), TOD-MU (if the project includes commercial uses) and TOD-E (if the project includes industrial uses) zoning districts. C. Duration of Image. A dynamic display's ima…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
and Open Space (P), Industrial (I, I-2, I-5 and I-Gen), TOD-MU (if the project includes commercial uses) and TOD-E (if the project includes industrial uses) zoning districts. C. Duration of Image. A dynamic display's ima…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-5 in Eden Prairie, MN.
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