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Property profile & analytics
OFF-MARKET Estimated value $1,805,000
Office buildings

4131 Old Sibley Memorial Hwy Eagan, MN 55122-1947

18,000 SF 2.11 ac lot Built 1996
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US46-2892862
Property summary
AI-generated overview

This exceptional property, located at 4131 Old Sibley Memorial Hwy, Eagan, MN 55122 (cross streets: Diffley and Cedar Ave), offers a unique blend of warehouse and traditional office space. The building, constructed in 1996 and extensively renovated in 2022, boasts a total of 36,000 square feet across two stories. The building features a 20-foot ceiling height, providing ample vertical space for various uses. The property sits on 1.5 acres of land and has a floor area ratio (FAR) of 200. Currently, there are five suites available, with a total of 9,150 square feet of vacant space. Flexible lease options are available, accommodating spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 18,000 square feet. This makes it ideal for a variety of businesses, from small startups to larger enterprises needing both office and warehouse functionality. The property is situated in the Eagan submarket of the Minneapolis Twin City Area, offering convenient access to major transportation routes and amenities. This is a rare opportunity to secure high-quality, versatile commercial space in a prime location. The property is classified as Office, Special Purpose with a subtype of Warehouse and Traditional Office, and is suitable for multiple tenants.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Total area 18,000 SF
Lot 2.11 ac (92,018 SF)
APN 10-59102-01-020
UPID US46-2892862
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.79M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.81M
Owner & transaction history
Rjr Enterprises LLC · 4 yrs held
Rjr Enterprises LLC
since 2022
Last sale
$2.0M
1 recorded transaction
2022
$2.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.7M +34.6%
Warehouse, storage $2.1M +5.2%
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