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Property profile & analytics
FOR LEASE
Medical Office Space
2655 Eagan Woods Dr, Eagan, MN 55121
Entity Owned
15-yr Hold
Free & Clear
Property ID
US46-0674054
For Lease
1 / 2
$3,290,000
2655 Eagan Woods Dr, Eagan, MN 55121
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
CONCRETE
Total area
99,342 SF
Lot
15 ac (653,400 SF)
APN
10-22551-01-010
UPID
US46-0674054
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
$3.29M
Owner & transaction history
Upwind LLC · 15 yrs held
Upwind LLC
since 2011
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Eagan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagan 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$33 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$193,406
Tax year 2023
Assessed value
$7,199,600
Assessed 2022
Previous assessed
$7,190,600
+0.1% YoY
Effective rate
2.69%
On assessed value
Assessed land
$5,487,400
Assessed improvement
$1,712,200
Land market value
$5,487,400
Improvement market value
$1,712,200
Total market value
$7,199,600
Applied tax rate
10.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1999
Construction
CONCRETE
Heating
NONE
Bathrooms
10
Total area
99,342 SF
Lot
15 ac (653,400 SF)
APN
10-22551-01-010
UPID
US46-0674054
Jurisdiction
DAKOTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
NONE
Bathrooms
10
Lot
15 ac
Current owner
From public records · entity-resolved
Upwind LLC
Entity
Free & Clear · 15 yrs held
Mailing address
1444 NORTHLAND DR STE #200, MENDOTA HEIGHTS, MN 55120-1032
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2017
—
Upwind LLC
—
Deed
related
$8,375,000 · Bank Of America
Feb 10, 2017
—
Upwind LLC
—
Deed
related
$8,375,000 · Bank Of America
Apr 28, 2011
—
Upwind LLC
Serve Two Mn Qrs 14-106 INC
Quit Claim Deed
related
—
—
—
Upwind LLC
—
Deed Of Trust
related
$9,000,000 · J P Morgan Chase Bank
—
—
Upwind LLC
—
Deed Of Trust
related
$8,375,000 · Bank Of America
—
—
Upwind LLC
—
Deed Of Trust
related
$8,375,000 · Bank Of America
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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