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Financial
Distress signals
Property profile

601 Carlson Pkwy Minnetonka, MN 55305

FOR LEASE
Commercial real estate
Property ID
US46-0839857
41,420 SF 7.76 ac lot Built 1988
Last sale Jun 2014 · $75,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A office building, the Regus Carlson Center, offers flexible workspace solutions in a stunning lakeside location in Minnetonka, Minnesota. Located at 601 Carlson Parkway, Suite 1050, Hopkins, MN 55305, this architecturally acclaimed building boasts 22,519 square feet of total space, with 5,970 square feet currently vacant. The property features 350 total suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet, catering to a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1.76M
Tax billed · 2023
Assessed value$60.00M
Assessed land$6.09M
Assessed improvement$53.91M
Effective rate2.94%

Value estimate

· Oct 2026
$5.92M
$5.33M – $6.51M
CAP approach$7.06M
Submarket $/SF estimate$5.08M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$160/SF
County average, outlier-cleaned · 1276 recorded sales of this use type
Observed band · Q1–Q3$80 – $265
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PID
The purpose of the planned I-394 district is to establish a comprehensive, planned framework for development within the I-394 corridor.
General categoryUNKNOWN
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon9.7
Garden Center9.5
HVAC Service9.4

Location

601 Carlson Pkwy Minnetonka, MN 55305
County assessor Recorded deeds · 5 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10600 Wayzata, Minnetonka, MN 55305-1512 $10,500,000 Dec 2024 14,503 SF
1600 Hopkins, Minnetonka, MN 55305-2026 $2,800,000 Jan 2024 10,516 SF
11816 Wayzata, Minnetonka, MN 55305 $1,010,000 Nov 2023 25,920 SF
130 Cheshire, Minnetonka, MN 55305-1053 $10,475,000 Sep 2022 37,129 SF
11400 Hwy 7th, Minnetonka, MN 55305-5306 $18,460,000 Jul 2022 111,335 SF
12425 Wayzata, Minnetonka, MN 55305-1925 $3,093,712 Mar 2021 16,267 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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