Property profile

14900 Technology Dr Eden Prairie, MN 55344

OFF-MARKET
Other industrial properties
Property ID
US46-0958043
235,558 SF 32.85 ac lot Built 1965
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 235,558 SF
Lot 32.85 ac (1,430,946 SF)
Zoning code I-5
APN 16-116-22-12-0009
UPID US46-0958043

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Building Supply

Location

14900 Technology Dr Eden Prairie, MN 55344-2208
Eden Prairie metro Census 26015 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$18.68M
Blend (final) Blend
$20.01M

Owner & transaction history

since 2021
Last sale
$20.0M
2 recorded transactions
2021
$20.0M
2021
Price N/A

Zoning & alternative use

I-5 · Eden Prairie, MN
Zoning description

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…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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