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Property profile & analytics
OFF-MARKET
Office Spaces
563 Bielenberg Dr 120 Woodbury, MN 55125-4425
Trust Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-0488460
Property summary
AI-generated overview
This exceptional medical office opportunity in Woodbury, Minnesota, presents two combined suites totaling 2,369 square feet within the desirable Tamarack Hills complex. Located at 563 Bielenberg Dr, 55125, this Class B building offers a convenient location with easy access to major highways I-494, I-94, and I-694. Built in 2006, the property features a single-tenant occupancy in a two-story building on a 0.03-acre lot. The asking price is $595,000, translating to $251.16 per square foot. The space includes 16 parking spaces, with 4 dedicated underground stalls. Suite 245 encompasses 1,120 square feet, while Suite 250 offers 1,249 square feet. The property boasts exterior signage availability and is zoned GW, making it ideal for medical office use. Annual CAM charges are $8.62 per square foot, and annual taxes are $4.35 per square foot. This presents a strong investment opportunity in a thriving Woodbury location.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2006
Total area
1,178 SF
Lot
0.03 ac (1,298 SF)
APN
05-028-21-42-0091
UPID
US46-0488460
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
Bell St Bk & Trust · 12 yrs held
Bell St Bk & Trust
since 2014
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Woodbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,124
Tax year 2023
Assessed value
$202,100
Assessed 2022
Previous assessed
$202,100
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$41,200
Assessed improvement
$160,900
Land market value
$41,200
Improvement market value
$160,900
Total market value
$202,100
Applied tax rate
8,503.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2006
Heating
NONE
Buildings
1
Total area
1,178 SF
Lot
0.03 ac (1,298 SF)
APN
05-028-21-42-0091
UPID
US46-0488460
Jurisdiction
WASHINGTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Buildings
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Bell St Bk & Trust
Trust
Free & Clear · 12 yrs held
Mailing address
3100 13TH AVE S, FARGO, ND 58103-3507
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2014
$1,344,000
Bell St Bk & Trust
563bd LLC
Grant Deed
related
—
Apr 3, 2013
$750,000
563bd LLC
Alliance Bk
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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