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Property profile & analytics
OFF-MARKET
Commercial real estate

4071 Sunset Dr Spring Park, MN 55384-9632

0.21 ac lot Built 1920
Entity Owned ~ Est. High Equity
Property ID
US46-0219871
Property summary
AI-generated overview

This exceptional 5,737 square foot office building, situated on a 0.21-acre lot in Spring Park, Minnesota (55384), presents a unique investment opportunity. Built in 1920 and extensively renovated in 1999, the single-story structure boasts a partial second level and a partial basement (excluded from the 5,737 sq ft GBA). Currently configured as a single-tenant office, the property offers stunning views of Lake Minnetonka's West Arm, a convenient drive-in garage, and significant upside potential. The C-1 zoning allows for versatile use, including potential conversion of the upper level to residential or storage space. Its prime location on Sunset Drive and Northern Avenue, directly adjacent to the Dakota Regional Trail, provides excellent visibility and accessibility. Nearby amenities include Mound's downtown area, offering grocery stores, coffee shops, and the Post Office. The property's APN is 17-117-23-33-0082. This is an ideal owner-user opportunity in a highly desirable location. The asking price is $799,000, translating to $139.27 per square foot.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction CONCRETE BLOCKS
Lot 0.21 ac (9,148 SF)
APN 17-117-23-33-0082
UPID US46-0219871
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
Current use
Occupant on record · Public records
  • Lake Minnetonka Communications Commission Television Studio Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Spring Park Property Investments Ll
Spring Park Property Investments Ll
since 2026
Last sale
$304,658
7 recorded transactions
2026
Price N/A
2026
$650,000
2026
$650,000
2025
Price N/A
2012
$304,658
2009
$304,658
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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