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Financial
Distress signals
Property profile

2915 Waters Rd Eagan, MN 55121

OFF-MARKET
Distribution centers
Property ID
US46-0933873
52,167 SF 5.01 ac lot Built 1989
Last sale Oct 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 51,845-square-foot high-image office showroom is located in Waters Business Park and features a glass-and-brick exterior with landscaped grounds. The building includes loading capabilities with both dock and drive-in access. The warehouse portion provides approximately 14-foot clear height. The property is equipped to support fiber internet service and is positioned with convenient access to Highway 55, I-494, and I-35, with proximity to Minneapolis–St. Paul International Airport.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$118k
Tax billed · 2023
Assessed value · 2022$4.46M
Assessed land$982k
Assessed improvement$3.47M
Effective rate2.65%

Value estimate

· Oct 2026
$4.76M
$4.28M – $5.24M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$115/SF
Submarket average, outlier-cleaned · 137 recorded sales of this use type
Observed band · Q1–Q3$57 – $181

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.6
Smoke and Vape Shop8.2
HVAC Service7.7

Location

2915 Waters Rd Eagan, MN 55121-1562
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1230 Eagan Industrial, Eagan, MN 55121-1264 $13,500,000 Mar 2025 59,450 SF
1325 Eagandale, Eagan, MN 55121-1290 $12,750,000 Dec 2023 71,828 SF
2905 Service, Eagan, MN 55121-1206 $3,326,666 May 2023 50,396 SF
2935 Waters, Eagan, MN 55121-1686 $6,122,781 Apr 2020 54,000 SF
2955 Lone Oak, Eagan, MN 55121-1625 $4,996,805 Apr 2020 44,252 SF
945 Aldrin, Eagan, MN 55121-2270 $5,862,754 Apr 2019 70,478 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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