4205 Lancaster Ln N Plymouth, MN 55441
Property profile & analytics
4205 Lancaster Ln N Plymouth, MN 55441
- Commercial real estate
- 2.33 lot acres
Property ID
US46-0945345
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 4205 Lancaster Ln N
- Year built
- 1979
- Construction
- WOOD
- Lot size
- 2.33 lot acres
- Property type
- Commercial real estate
- APN
- 13-118-22-13-0088
- APU
- 1311822130088
Description
This exceptional 20,412 square foot multi-use office building, situated on a 2.33-acre lot at 4205 Lancaster Lane N in Plymouth, Minnesota, presents a compelling investment opportunity. Currently housing 5-7 tenants with leases ranging from 20 to 40 months, the property offers immediate cash flow and long-term stability. A significant portion of the building, approximately 6,000 square feet, is ideally suited for a counseling and therapy center, featuring multiple private offices and training rooms already in place. This contiguous space presents a unique opportunity for an owner-occupant seeking to establish or expand their practice. The ample parking available caters to both tenants and clients, enhancing the property's appeal and functionality. The building's multi-use nature allows for flexibility and potential for future development, making it an attractive prospect for investors seeking a diversified portfolio or developers envisioning future expansion or repurposing. The asking price for this prime commercial property is $2,600,000. This presents a rare chance to acquire a well-maintained, income-producing asset in a desirable Plymouth location. The existing tenant base provides a solid foundation for continued success, while the adaptable space allows for future growth and diversification.
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
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Location Insight
- Map
- Local Demand
- City
- Plymouth
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.406
- Latitude
- 45.0316
- 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
$66,026
$1,146,000
$1,228,000
$2,374,000
-
$1,146,000
$1,228,000
$2,374,000
