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    Property profile & analytics

    1505 Southcross W Dr, Unit 403 Burnsville, MN 55306-7014

    • Office buildings
    • 1,472 SF
    OFF-MARKET
    Value Estimation
    $660,000
    Last Sale
    Apr 06, 2023
    $640,000
    Location Intelligence
    Property ID
    US46-1918788
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Shanise Aesthetics / Eyelash Salon
    • Legacy Gold / Gold Dealer / Jewelry Appraiser
    • Wellnest Integrative Health / Alternative Medicine Practitioner
    • Golden Heart- Jewelry Buyer & Gold and Silver / Gold Dealer / Jewelry Buyer
    • Golden Heart / Jewelry Buyer / Gold Dealer

    Property Details for 1505 Southcross W Dr

    Year built
    2006
    Property size
    1,472 SF
    Property type
    Office buildings
    APN
    02-22551-01-403
    APU
    22255101403

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $650,000

    • CAP approach

      CAP return
      Estimation
      6%
      $635,000
      6.5%
      $685,000
      7%
      $645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $755,000
      Geo Method
      $770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $705,000
      Retail
      $625,000
      Mixed-Use
      $695,000
      Hospitality
      $550,000
      Educational
      $700,000
      Residential Income
      $660,000
      Energy
      $565,000
      Income-Based Land
      $570,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.3003
    Latitude
    44.7363
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,700
    $18,000
    $108,400
    $126,400
    -
    $18,000
    $108,400
    $126,400

    Comparable in this City

    • Value Estimation
      $640,000
      2,544 SF

      1505 Southcross W Dr, Unit 404

      OFFICE BUILDING • 2,544 SF
      1505 Southcross W Dr, Burnsville, MN 55306-7014
      View Details
    • Value Estimation
      $210,000
      1,472 SF

      Burnsville, MN 55306

      OFFICE BUILDING • 1,472 SF
      Burnsville, MN 55306
      View Details
    • Value Estimation
      $235,000
      1,524 SF

      760 Southcross W Dr, Unit 103

      OFFICE BUILDING • 1,524 SF
      760 Southcross W Dr, Burnsville, MN 55306-7916
      View Details
    • Value Estimation
      $335,000
      1,472 SF

      1505 Southcross W Dr, Unit 401

      OFFICE BUILDING • 1,472 SF
      1505 Southcross W Dr, Burnsville, MN 55306-7014
      View Details
    • Value Estimation
      $615,000
      1,472 SF

      1505 Southcross W Dr, Unit 405

      OFFICE BUILDING • 1,472 SF
      1505 Southcross W Dr, Burnsville, MN 55306-7014
      View Details
    • Value Estimation
      $430,000
      2,516 SF

      14587 Grand Ave

      OFFICE BUILDING • 2,516 SF
      14587 Grand Ave, Burnsville, MN 55306-5700
      View Details

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      Burnsville Office Space For Sale

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      Office and Warehouse Space Available

      Office and warehouse space with prominent signage and excellent visibility.
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    Similar Nearby for Lease

    • Contact for pricing
      65,609 SF

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      Life science properties • 65,609 SF
      14305 Southcross Dr, Burnsville, MN 55306
      View Details
    • Contact for pricing
      65,567 SF

      Southcross Commerce Center Office Space

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    • $8 SF/Yr
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      Burnsville Warehouse and Office Space

      9,641 SF warehouse with office space for lease.
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    • $8 SF/Yr
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      Vibrant Retail Space in Burnsville

      Prime retail location with flexible spaces and high traffic.
      915 County Road 42 W, Burnsville, MN 55306
      View Details
    • Contact for pricing
      4,000 SF

      Prime Retail Space in Burnsville

      Retail space in high-traffic Burnsville location with excellent visibility.
      1501 County Road 42 W, Burnsville, MN 55306
      View Details
    • Contact for pricing
      42,298 SF

      Prime Burnsville Warehouse Space

      3,008 SF Warehouse Available Now
      0 County Road 42, Burnsville, MN 55306
      View Details
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    Burnsville, MN 55306-7014
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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