4100 Berkshire N Ln Plymouth, MN 55446-3813
Property profile & analytics
4100 Berkshire N Ln Plymouth, MN 55446-3813
- Commercial real estate
- 1.59 lot acres
Property ID
US46-0470780
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 4100 Berkshire N Ln
- Year built
- 1988
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.59 lot acres
- Property type
- Commercial real estate
- APN
- 15-118-22-24-0025
- APU
- 1511822240025
Description
Exceptional investment opportunity in Plymouth, MN, this 23,769 square foot medical office building boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $312,875. Built in 1988 and extensively renovated in 2023, the property sits on a 1.59-acre lot and offers 87 parking spaces. Its prime location near Rockford Road and Interstate 494 ensures easy accessibility within the Minneapolis metro area, a thriving market with a GDP approaching $300 billion and a low unemployment rate. The surrounding area features a robust trade area with numerous restaurants and retail stores, providing ample amenities for patients and staff. The building's high visibility and location in a desirable suburb contribute to its strong tenant base and potential for future growth. The asking price is $3,911,000. This represents a rare opportunity to acquire a stable, high-performing medical office building in a dynamic and growing market. The property benefits from its proximity to a strong residential area and a highly trafficked location, ensuring consistent patient flow and high visibility. This is an ideal investment for those seeking a stable, high-return asset in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plymouth
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.4566
- Latitude
- 45.0296
- 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
$69,469
$880,000
$1,620,000
$2,500,000
-
$880,000
$1,620,000
$2,500,000
