Property profile

16515 Luther Way Eden Prairie, MN 55346

OFF-MARKET
Commercial real estate
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Property ID
US46-1059747
34,977 SF 6.57 ac Built 1961
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Nov 2026
$475k
$428k – $523k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$221/SF
Submarket average, outlier-cleaned · 88 recorded sales of this use type
Observed band · Q1–Q3$134 – $323
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PUB
The purposes of the PUB zone are to provide a procedure for the orderly establishment of public facilities, expansion of their operations...
General categoryCIVIC_INSTITUTIONAL
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.2
Law Firm16.6
Restaurant15.4

Location

16515 Luther Way Eden Prairie, MN 55346-4335
County assessor · not on file Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14301 62nd, Eden Prairie, MN 55346-1708 $2,311,000 Feb 2026 9,382 SF
6216 Baker, Eden Prairie, MN 55346-1928 $4,000,000 Oct 2023 8,409 SF
16490 78th, Eden Prairie, MN 55346-4300 $3,340,000 May 2019 7,993 SF
16500 Main, Eden Prairie, MN 55346 $17,000,000 Apr 2019 86,027 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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