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Property profile & analytics
OFF-MARKET Estimated value $1,765,000
Office buildings

2451 15th NW St New Brighton, MN 55112-5592

18,772 SF 2.23 ac lot Built 1983
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US46-0620431
Property summary
AI-generated overview

This exceptional office space, located at 2451 15th St NW in New Brighton, Minnesota 55112, offers 546 square feet of adaptable space ideal for a variety of professional uses, including medical or service-oriented businesses. Situated within the Stony Lake Office Park, a multi-tenant campus, this Class C office space boasts a tranquil setting enhanced by extensive landscaping. The minimum divisible space is 633 square feet, with a maximum contiguous space of 658 square feet. This particular suite is part of a larger building, though the total building square footage is not currently available. The location provides terrific access to major transportation arteries, including Interstates 694 and 35W, ensuring convenient commutes for employees and clients. Furthermore, the property benefits from its proximity to a wealth of area amenities, including a Minnesota Health Clinic, Wells Fargo, grocery stores, Subway, LA Fitness, and Cowboy Jacks, offering employees and visitors a variety of convenient services and dining options. This is a fantastic opportunity to establish a presence in a well-maintained and conveniently located office park. Inquire today for more details and availability.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Construction WOOD FRAME
Total area 18,772 SF
Lot 2.23 ac (97,313 SF)
Zoning code H
APN 19-30-23-13-0164
UPID US46-0620431
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
$1.92M
Blend (final) Blend
$1.77M
Owner & transaction history
Stony Lake Properties INC
Stony Lake Properties INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
H · New Brighton, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.8M +45.5%
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