Property profile

1831 121st St Burnsville, MN 55337

OFF-MARKET
Office buildings
Property ID
US46-0776230
7,258 SF 0.87 ac lot Built 1984
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Construction WOOD FRAME
Total area 7,258 SF
Lot 0.87 ac (37,897 SF)
Zoning code R
APN 02-31900-03-021
UPID US46-0776230

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
  • HVAC Service General Contractor
  • Roofing Company General Contractor

Location

1831 121st St Burnsville, MN 55337-6802
Burnsville metro Census 60738 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.17M
CAP Approach CAP
$1.48M
Comparable Approach Comparable
$902k
Blend (final) Blend
$1.20M

Owner & transaction history

since 2023
Last sale
$1.2M
7 recorded transactions
2023
$1.2M
2013
$573,500
2012
Price N/A
2012
$466,720
2010
Price N/A
2009
Price N/A
1969
Price N/A

Zoning & alternative use

R · Burnsville, MN
Top alternative use upside
Neighborhood: shopping center $1.4M +73.2%
Restaurant $1.4M +69.5%
Auto repair, garage $1.2M +49.1%

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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