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Property profile & analytics

3368 Bunker Lake Blvd NW Andover, MN 55304

  • Commercial real estate
  • 4,400 SF
  • 0.05 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-0935019
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

  • Commercial real estate

Property Details for 3368 Bunker Lake Blvd NW

Year built
1999
Construction
WOOD FRAME
Lot size
0.05 lot acres
Property size
4,400 SF
Property type
Commercial real estate
APN
32-32-24-41-0060
APU
323224410060

Description

This exceptional 4,500 square foot office building is strategically located at 3368 Bunker Lake Boulevard NW in Andover, Minnesota, on a 0.05-acre lot. Benefitting from high visibility, the property boasts monument signage facing Bunker Lake Boulevard, a road with a daily traffic count of 19,202 vehicles. The building comprises two separate units, each responsible for its own internal maintenance. Shared expenses include sewer, water, trash removal, lawn care, and insurance, split equally between the units. Snow removal and parking lot maintenance are shared at a 14% cost allocation per unit. Significant capital improvements have been undertaken, with costs shared equally between the units. The roof was replaced in December 2007, and the building features two furnaces and two air conditioning units. There are no association dues. This prime location offers excellent proximity to a variety of established retailers, including Festival Foods, Target, Frattallone's, O'Reilly Auto Parts, McDonald's, and Caribou Coffee, ensuring high foot traffic and convenient access for employees and clients. The asking price for this well-maintained and conveniently located office building is $499,900.


Value Estimations

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Location Insight

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  • Local Demand
City
Andover
County
Anoka
State
Minnesota
Longitude
-93.3515
Latitude
45.219
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
2024
$8,724
$89,800
$323,800
$413,600
-
$89,800
$323,800
$413,600
More about this property
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