Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    5450 Feltl Rd Minnetonka, MN 55343

    • Industrial properties
    • 135,240 SF
    • 15.23 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 29, 2021
    $26,000,000
    Location Intelligence
    Property ID
    US46-0839894
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 5450 Feltl Rd

    Year built
    1985
    Construction
    CONCRETE BLOCKS
    Lot size
    15.23 lot acres
    Property size
    135,240 SF
    Zone code
    PUD
    Property type
    Industrial properties
    APN
    36-117-22-22-0010
    APU
    3611722220010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Minnetonka
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4207
    Latitude
    44.9039
    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
    $496,803
    $5,309,000
    $11,590,000
    $16,899,000
    -
    $5,309,000
    $11,590,000
    $16,899,000

    Comparable in this City

    • Value Estimation by Request
      29.70 Acres

      101 Jefferson S Ave

      INDUSTRIAL (GENERAL) • 29.70 Acres
      101 Jefferson S Ave, Hopkins, MN 55343-8412
      View Details
    • Value Estimation by Request
      2.80 Acres

      11300 K Tel Dr

      INDUSTRIAL (GENERAL) • 2.80 Acres
      11300 K Tel Dr, Minnetonka, MN 55343-8868
      View Details
    • Value Estimation by Request
      2.40 Acres

      41 Tyler N Ave

      INDUSTRIAL (GENERAL) • 2.40 Acres
      41 Tyler N Ave, Hopkins, MN 55343
      View Details
    • Value Estimation by Request
      9.31 Acres

      410 11th S Ave

      INDUSTRIAL (GENERAL) • 9.31 Acres
      410 11th S Ave, Hopkins, MN 55343-7844
      View Details
    • Value Estimation by Request
      0.52 Acres

      619 14th S Ave

      INDUSTRIAL (GENERAL) • 0.52 Acres
      619 14th S Ave, Hopkins, MN 55343-7827
      View Details
    • Value Estimation by Request
      1.86 Acres

      1520 5th S St

      INDUSTRIAL (GENERAL) • 1.86 Acres
      1520 5th S St, Hopkins, MN 55343-7812
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      225,900 SF

      Former Fortune 500 Headquarters Campus

      225,900 SF lab, office & warehouse space on 24 acres.
      10600-10700 Bren Rd W, Minnetonka, MN 55343
      View Details
    • $1,595,000
      12,500 SF

      Hopkins Industrial Building For Sale

      12,500 SF industrial building on 0.77 acres in Hopkins.
      1418 5Th St S, Hopkins, MN 55343
      View Details
    • $755,000
      4,580 SF

      Hopkins Warehouses with Outside Storage

      Two warehouse buildings with fenced outside storage in Hopkins, MN.
      1201-1203 6Th St S, Hopkins, MN 55343
      View Details
    • $490,000
      Pending

      Hopkins Commercial Building For Sale

      Standalone commercial building in Hopkins, suitable for various industrial uses.
      635 14Th Ave S, Hopkins, MN 55343
      View Details
    • $999,900
      15,467 SF

      Mixed-Use Building For Sale

      Mixed-use building with retail and office space available for purchase.
      901 Mainstreet, Hopkins, MN 55343
      View Details
    • $435,000
      2,319 SF

      Elevated Townhome with Wooded Views

      End-unit townhome with updated kitchen, private deck, and wooded views.
      5446 Sanibel Dr, Minnetonka, MN 55343
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Encore Business Park II

      Industrial space for lease in Minnetonka's Encore Business Park.
      11550-11578 Encore Cir, Minnetonka, MN 55343
      View Details
    • $9 SF/Yr
      114,800 SF

      Hopkins Industrial Space for Lease

      Versatile Flex Space, 3,600 - 63,279 SF
      700 5Th St, Hopkins, MN 55343
      View Details
    • $17 SF/Yr
      47,402 SF

      Hopkins Warehouse: 47,402 SF

      Large industrial space, multiple tenants. Excellent location, flexible lease terms.
      10921 Excelsior Blvd, Hopkins, MN 55343
      View Details
    • Contact for pricing
      14,363 SF

      Hopkins Warehouse Space Available

      14,363 SF warehouse space with dock-high doors in Hopkins.
      600-750 2Nd St NE, Hopkins, MN 55343
      View Details
    • Contact for pricing
      5,680 SF

      Adaptable Flex/Industrial Space Available

      Rentable flex/industrial space with customizable tenant improvement options.
      700-865 5Th St S, Hopkins, MN 55343
      View Details
    • $7 SF/Yr
      6,680 SF

      Remodeled Showroom/Warehouse Space in Hopkins

      6,680 SF showroom/warehouse space available for lease in Hopkins.
      8960 Excelsior Blvd, Hopkins, MN 55343
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5450 Feltl Rd
    Minnetonka, MN 55343
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.