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Property profile & analytics
OFF-MARKET Estimated value $1,190,000
Medical Office Space

1650 Beam Ave Maplewood, MN 55109-1192

14,008 SF 7.1 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Property ID
US46-1107623
Property summary
AI-generated overview

This exceptional two-story medical office building, located at 1650 Beam Avenue East in Maplewood, Minnesota, offers a prime opportunity for medical professionals seeking versatile and well-appointed space. Built in 1988, the building boasts a total of 14,008 square feet, with a minimum divisible space of 991 square feet. Currently, there are 1,439 square feet of vacant space available, ideal for a variety of medical practices. The property is zoned I-2 and situated in Ramsey County, offering convenient access to major transportation routes and a thriving community. The building features ample parking with 66 spaces available for tenants and their clients. The building's multiple tenancy structure provides a dynamic and collaborative environment. This is a fantastic opportunity to establish or expand your medical practice in a well-maintained and strategically located building. The available space is adaptable to suit various medical specialties and offers the potential for customization to meet specific needs. With its convenient location, ample parking, and modern amenities, this property represents a compelling investment in a growing market. The property's address is 1650 Beam Ave, Maplewood, MN 55109.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Total area 14,008 SF
Lot 7.1 ac (309,276 SF)
Zoning code B
APN 03-29-22-42-0017
UPID US46-1107623
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.19M
Owner & transaction history
VORANDESOTO LLC
VORANDESOTO LLC
Zoning & alternative use
B · Maplewood, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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