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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    4205 Lancaster Ln N, Plymouth, MN 55441

    2.33 ac lot Built 1979
    Entity Owned Free & Clear
    Property ID
    US46-0945345
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1979
    Construction WOOD
    Lot 2.33 ac (101,495 SF)
    APN 13-118-22-13-0088
    UPID US46-0945345
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Plymouth Office LLC
    Plymouth Office LLC
    since 2025
    Last sale
    $597,118
    7 recorded transactions
    2025
    $597,118
    2021
    $2.2M
    2018
    $500
    2006
    $2.7M
    2006
    $2.2M
    2001
    $1.2M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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