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    3490 Lexington N Ave Shoreview, MN 55126-8074
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    Property profile & analytics

    3490 Lexington N Ave Shoreview, MN 55126-8074


    • Office buildings
    • 59,327 SF
    • 6.20 lot acres
    Off-Market
    Last Sale Jun 10, 2025
    $5,750,000
    Property ID
    US46-0657747
    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.

    Value Estimations
    $5,370,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 3490 Lexington N Ave

    Year built
    1982
    Lot size
    6.20 lot acres
    Property size
    59,327 SF
    Zone code
    B
    Property type
    Office buildings
    APN
    35-30-23-22-0008
    APU
    353023220008

    Description

    This exceptional Shoreview, MN office property, located at 3490 Lexington Ave N, offers a prime opportunity for businesses seeking flexible and modern workspace. The building, constructed in 1982, boasts a total of 59,327 square feet, currently housing multiple tenants. A significant advantage is the availability of two immediately available office spaces, ranging from 879 to 3,173 square feet, providing options for businesses of various sizes. The building's traditional office design offers a classic and professional atmosphere, ideal for a range of industries. The property's convenient location in Shoreview, MN, zip code 55126, ensures easy access to major transportation routes and local amenities. With 3,173 square feet currently vacant, this presents a unique chance to secure a substantial space or expand existing operations within a well-established building. The multiple tenancy structure fosters a collaborative environment and provides a sense of community. This is an excellent opportunity to establish or expand your business in a thriving location with readily available office space. The property's size and layout offer considerable versatility, making it suitable for a wide array of business needs. Interested parties are encouraged to inquire about the available spaces and explore the possibilities this property offers.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,950,000
      ML approach
      $4,790,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,608,000
      Market price range: $4.83M - $9.99M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $6,495,000
      Current use
      MEDICAL BUILDING
      $8,740,000
      Change: +35% Conversion: Easy
      WAREHOUSE, STORAGE
      $6,835,000
      Change: +5% Conversion: Difficult
      RETAIL STORES
      $6,065,000
      Change: -7% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $5,455,000
      Change: -16% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Shoreview
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1455
    Latitude
    45.0473
    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
    2023
    $24,816
    $1,749,100
    $2,989,200
    $4,738,300
    -
    $1,749,100
    $2,989,200
    $4,738,300
    More about this property
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