You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Industrial properties

21195 Minnetonka Blvd Shorewood, MN 55331-5602

0.64 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US46-0713245
Property summary
AI-generated overview

This exceptional 560-square-foot flex space in Excelsior, Minnesota, offers a unique blend of office and shop areas, ideal for a variety of businesses. Located at 21195 Minnetonka Blvd, 55331, this single-tenant unit is part of an 11,000-square-foot multi-tenant light industrial building near St. Alban's Bay. The space boasts a 10' x 15' office seamlessly connected to a 33' x 15' shop area, complete with a stainless steel sink perfect for handwashing or tool cleaning. Enjoy the convenience of central air conditioning and heating, all included in the monthly rent of $840, which also covers utilities and CAM charges. Access is via a 36" exterior door leading through a hallway to a 32" interior door. While the current layout offers indirect outdoor access, a direct exterior door facing Minnetonka Blvd can be installed at the tenant's expense. This one-of-a-kind location provides an unparalleled opportunity for businesses seeking a versatile and well-appointed workspace. The property is classified as Office, Industrial, and Special Purpose.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1950
Construction CONCRETE BLOCKS
Lot 0.64 ac (27,878 SF)
APN 26-117-23-14-0099
UPID US46-0713245
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Saint Albans Depot LLC · 4 yrs held
Saint Albans Depot LLC
since 2021
3 recorded transactions
2021
Price N/A
2021
$650,000
2014
$275,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 21195 Minnetonka Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message