Property profile

4100 Berkshire N Ln Plymouth, MN 55446

OFF-MARKET
Commercial real estate
Property ID
US46-0470780
1.59 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1988
Construction CONCRETE BLOCKS
Lot 1.59 ac (69,260 SF)
APN 15-118-22-24-0025
UPID US46-0470780

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4100 Berkshire N Ln Plymouth, MN 55446-3813
Plymouth metro Census 26614 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
$3.6M
2022
Price N/A
2022
Price N/A
2022
$2.6M
2018
$1.9M
2018
$1.9M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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