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    Property profile & analytics

    2060 Centre Pointe Blvd Mendota Heights, MN 55120

    • Office buildings
    • 42,600 SF
    • 4.39 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Value Estimation
    $5,590,000
    Last Sale
    Apr 28, 2022
    $6,022,833
    Location Intelligence
    Property ID
    US46-1125623
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2060 Centre Pointe Blvd

    Year built
    1997
    Construction
    CONCRETE
    Lot size
    4.39 lot acres
    Property size
    42,600 SF
    Property type
    Office buildings
    APN
    27-88100-02-011
    APU
    278810002011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,200,000
      6.5%
      $6,045,000
      7%
      $6,620,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,455,000
      Geo Method
      $6,805,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,925,000
      Retail
      $5,305,000
      Mixed-Use
      $5,385,000
      Hospitality
      $6,025,000
      Educational
      $5,770,000
      Residential Income
      $6,285,000
      Energy
      $6,585,000
      Income-Based Land
      $5,805,000
      Food Service
      $5,615,000

    Location Insight

    • Map
    • Local Demand
    City
    Mendota Heights
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.1513
    Latitude
    44.8816
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $105,160
    $894,000
    $2,652,000
    $3,546,000
    -
    $894,000
    $2,652,000
    $3,546,000

    Comparable in this City

    • Value Estimation by Request
      62,740 SF

      1255 Northland Dr

      OFFICE BUILDING • 62,740 SF
      1255 Northland Dr, Mendota Heights, MN 55120-1139
      View Details
    • Value Estimation by Request
      28,272 SF

      1160 Ctr Pointe Dr

      OFFICE BUILDING • 28,272 SF
      1160 Ctr Pointe Dr, Mendota Heights, MN 55120-1351
      View Details
    • Value Estimation by Request
      41,502 SF

      1191 Northland Dr

      OFFICE BUILDING • 41,502 SF
      1191 Northland Dr, Mendota Heights, MN 55120-1390
      View Details
    • Value Estimation
      $235,000
      1,364 SF

      2309 Waters Dr

      OFFICE BUILDING • 1,364 SF
      2309 Waters Dr, Mendota Heights, MN 55120-1163
      View Details
    • Value Estimation
      $485,000
      1,427 SF

      2297 Waters Dr

      OFFICE BUILDING • 1,427 SF
      2297 Waters Dr, Mendota Heights, MN 55120-1363
      View Details
    • Value Estimation
      $245,000
      1,380 SF

      2293 Hwy 55

      OFFICE BUILDING • 1,380 SF
      2293 Hwy 55, Mendota Heights, MN 55120
      View Details

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    Similar Nearby for Lease

    • $14 SF/Yr
      9,952 SF

      Mendota Heights Office Tech Building

      Single-story office building with park-like setting and ample parking.
      2060 Centre Pointe Blvd, Mendota Heights, MN 55120
      View Details
    • $12 SF/Yr
      7,171 SF

      Single Story Class B Office

      Class B office building with high parking ratio.
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      View Details
    • $14 SF/Yr
      10,419 SF

      Single Story Office Tech Building

      Single-story office building in park-like setting with ample parking.
      1140 Centre Pointe Dr, Mendota Heights, MN 55120
      View Details
    • $14 SF/Yr
      40,345 SF

      Single Story Office Tech Building

      Single story office building with park-like setting and ample parking.
      1180 Centre Pointe Cir, Mendota Heights, MN 55120
      View Details
    • $14 SF/Yr
      12,280 SF

      Single Story Office Tech Building

      Single-story office building with park-like setting and ample parking.
      1120 Centre Pointe Dr, Mendota Heights, MN 55120
      View Details
    • Contact for pricing
      32,236 SF

      Mendota Heights Office Suites

      Prime Mendota Heights office space available.
      750 Plz Dr, Mendota Heights, MN 55120
      View Details
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    Mendota Heights, MN 55120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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