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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Office buildings
201 Burnsville Pkwy, Burnsville, MN 55337-2527
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-0197527
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
CONCRETE
Total area
21,600 SF
Lot
2.34 ac (101,930 SF)
Zoning code
R
APN
02-01300-14-020
UPID
US46-0197527
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
Current use
Occupant on record · Public records
-
Oasis Services Consultant
-
Maple Island Group Professional Services
-
Commercial Systems, LLC Hardware & Home Improvement Interior Design
-
Justin Less Foster Care Service Social Service Agency
-
Sold by Siham Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$2.30M
Owner & transaction history
Roers Burnsville Affordable Apt Own · 1 yrs held
Roers Burnsville Affordable Apt Own
since 2024
Last sale
$2.3M
5 recorded transactions
Zoning & alternative use
R · Burnsville, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.7M
+49.1%
Warehouse, storage
$3.3M
+33.1%
Retail stores
$3.1M
+24.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burnsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burnsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,300,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,470,000
Current use
AUTO REPAIR, GARAGE
$3,685,000
Change: +49% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,290,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$3,080,000
Change: +25% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,500,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,980,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.30M (Oct 8 2024)
Last sale anchor
$2.30M
Oct 8 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$33,340
Tax year 2024
Assessed value
$1,163,800
Assessed 2023
Previous assessed
$1,041,500
+11.7% YoY
Effective rate
2.86%
On assessed value
Assessed land
$700,400
Assessed improvement
$463,400
Land market value
$700,400
Improvement market value
$463,400
Total market value
$1,163,800
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1967
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
21,600 SF
Lot
2.34 ac (101,930 SF)
Zoning code
R
APN
02-01300-14-020
UPID
US46-0197527
Jurisdiction
DAKOTA
Zoning & alternative use
R · Burnsville, MN
Zoning R · permitted uses
R · Burnsville, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burnsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.3M
RETAIL STORES
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Lot
2.34 ac
Current owner
From public records · entity-resolved
Roers Burnsville Affordable Apt Own
Individual
Free & Clear · 1 yrs held
Mailing address
2 CARLSON PKWY N STE #400, PLYMOUTH, MN 55447-4470
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2024
$2,300,000
Roers Burnsville Affordable Apt Own
N & F Properties LLC
Warranty Deed
—
Jan 22, 2019
$1,385,000
N & F Properties LLC
Citywide Development INC
Warranty Deed
$50,000 · First American Bank
Feb 2, 2016
$900,000
Citywide Dev Corp
Sai Investments Co
Trustees Deed
$3,228,825 · Wings Fin'l FCU
Dec 13, 2012
$900,000
Citywide Dev INC
Sai Investment Co
Dual Purpose Document
$900,000 · Sai Investment Co
Jun 12, 2009
$1,400,000
Sai Investment Co
Owner Name Unavailable
Grant Deed
related
$4,871,470 · American Bank Of St Paul
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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