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Property profile & analytics
FOR LEASE
Distribution centers

1971 Seneca Rd Eagan, MN 55122

46,166 SF 3.12 ac lot Built 1974
Entity Owned ~ Est. High Equity
Property ID
US46-0614624
Property summary
AI-generated overview

This exceptional property at 1971 Seneca Road in Dakota County offers a unique blend of executive office and warehouse space, ideal for a variety of businesses. The building, constructed in 1970 and extensively renovated in 1996, boasts a total of 46,166 square feet. Currently, there is 3,023 square feet of immediately available office and/or warehouse space for lease. The space features impressive 18-foot ceilings, providing ample vertical storage and a sense of spaciousness. The property also includes one convenient drive-in bay for easy loading and unloading of goods. The building's multi-tenant configuration offers a collaborative and dynamic work environment. This versatile property is perfect for businesses requiring both office and warehouse functionality, offering a blend of modern amenities and practical design within a well-established location in Dakota County. The available space presents a significant opportunity for a company seeking efficient and adaptable workspace. The 1996 renovation ensures modern systems and infrastructure are in place, minimizing operational concerns. Interested parties are encouraged to inquire about lease terms and explore the possibilities this property offers. The combination of office and warehouse space, coupled with the convenient drive-in bay, makes this an attractive option for a range of businesses.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1974
Construction CONCRETE
Total area 46,166 SF
Lot 3.12 ac (135,907 SF)
Zoning code R
APN 10-16800-02-070
UPID US46-0614624
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
$5.66M
Blend (final) Blend
$4.91M
Owner & transaction history
Up Seneca LLC
Up Seneca LLC
since 2025
7 recorded transactions
2025
$57,000
2019
Price N/A
2017
Price N/A
2017
$1.9M
2017
$2.3M
2016
$1.9M
2009
$500
Zoning & alternative use
R · Eagan, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $7.9M +12.1%
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More about this property
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