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Property profile & analytics
OFF-MARKET
Commercial land

5985 Rice Crk Pkwy Shoreview, MN 55126-5038

0.93 ac lot
Individually Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US46-1696752
Property summary
AI-generated overview

This exceptional two-story office building, located at 5985 Rice Creek Pkwy in Shoreview, Minnesota, 55126, offers a total of 25,138 square feet of versatile professional office space. Currently, there are three individual suites available, ranging in size from 2,240 to 2,625 square feet, providing flexibility for businesses of various sizes. The building's convenient location in Shoreview offers easy access to major transportation routes, ensuring seamless commutes for employees and clients. The property boasts a multi-tenant occupancy, fostering a vibrant and collaborative work environment. With 2,183 square feet currently vacant, this presents a unique opportunity for businesses seeking immediate occupancy. The building's modern design and well-maintained structure provide a professional and inviting atmosphere. The available spaces are ideal for a variety of professional uses, offering ample space for offices, meeting rooms, and support areas. This is a prime opportunity to establish or expand your business in a thriving community. The building's strategic location and readily available space make it an attractive option for businesses seeking a high-quality, functional workspace. Contact us today to schedule a viewing and explore the possibilities of making this exceptional Shoreview office building your new home.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.93 ac (40,511 SF)
APN 04-30-23-22-0009
UPID US46-1696752
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
Star Bk North · 16 yrs held
Star Bk North
since 2010
3 recorded transactions
2010
$500
2007
Price N/A
2005
$2.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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