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Property profile & analytics
OFF-MARKET
Office buildings

522 Faxon N Rd Norwood Young America, MN 55368-9734

3,488 SF 1.03 ac lot Built 1985
Entity Owned 5-yr Hold Free & Clear
Property ID
US46-0947337
Property summary
AI-generated overview

The Faxon Business Center, a 1,255 square foot building situated on the Highway 212 Business Corridor in Norwood Young America, offers multiple suites for lease. Built in 1980 and extensively renovated in 2018 (roof updated in 2002), this property boasts 36+ parking spaces and prominent monument signage on Faxon Road. The C-2 General Commercial zoning allows for diverse business uses. The building features a mix of executive and traditional office spaces, along with storefront options, making it ideal for a variety of tenants. Located near Old National Bank, retail shops, and restaurants, this property benefits from excellent visibility and access to a growing workforce. The pro-business environment of Norwood Young America and its active chamber of commerce further enhance its appeal. Tenant improvements are available for qualified tenants. The modified gross rent is $18.00 per square foot, with utilities separate. This is a rare opportunity to secure high-quality office space in a thriving community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 3,488 SF
Lot 1.03 ac (44,867 SF)
APN 58-0144750
UPID US46-0947337
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
Current use
Occupant on record · Public records
  • Scott R. Timm Law Firm
  • Book Works MN Accounting Firm
  • Farmers Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
522 Faxon Road LLC · 5 yrs held
522 Faxon Road LLC
since 2021
7 recorded transactions
2025
Price N/A
2025
Price N/A
2021
Price N/A
2021
Price N/A
2019
Price N/A
2018
$140,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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