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
    Back to Search
    Property profile & analytics

    6031 Culligan Way Minnetonka, MN 55345-5918

    • Industrial properties
    • 35,000 SF
    • 2.72 lot acres
    OFF-MARKET
    Value Estimation
    $3,885,000
    Last Sale
    Jul 07, 2025
    $4,250,000
    Location Intelligence
    Property ID
    US46-0027523
    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 6031 Culligan Way

    Year built
    1985
    Construction
    CONCRETE BLOCKS
    Lot size
    2.72 lot acres
    Property size
    35,000 SF
    Zone code
    I-1
    Property type
    Industrial properties
    APN
    34-117-22-43-0014
    APU
    3411722430014

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,985,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,205,000
      6.5%
      $4,290,000
      7%
      $3,840,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,385,000
      Geo Method
      $3,400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,700,000
      Retail
      $3,960,000
      Mixed-Use
      $3,865,000
      Hospitality
      $3,420,000
      Educational
      $4,190,000
      Residential Income
      $4,035,000
      Energy
      $3,475,000
      Income-Based Land
      $3,940,000
      Food Service
      $3,885,000

    Location Insight

    • Map
    • Local Demand
    City
    Minnetonka
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4489
    Latitude
    44.8933
    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
    $111,861
    $948,000
    $2,902,000
    $3,850,000
    -
    $948,000
    $2,902,000
    $3,850,000

    Comparable in this City

    • Value Estimation by Request
      45,256 SF

      15101 Minnetonka Industrial Rd

      INDUSTRIAL (GENERAL) • 45,256 SF
      15101 Minnetonka Industrial Rd, Minnetonka, MN 55345-2112
      View Details
    • Value Estimation by Request
      177,644 SF

      3700 Williston Rd

      INDUSTRIAL (GENERAL) • 177,644 SF
      3700 Williston Rd, Minnetonka, MN 55345-2121
      View Details
    • Value Estimation by Request
      99,423 SF

      6121 Baker Rd

      INDUSTRIAL (GENERAL) • 99,423 SF
      6121 Baker Rd, Minnetonka, MN 55345-5960
      View Details
    • Value Estimation by Request
      15,504 SF

      6150 Baker Rd

      INDUSTRIAL (GENERAL) • 15,504 SF
      6150 Baker Rd, Minnetonka, MN 55345-5909
      View Details
    • Value Estimation
      $680,000
      45,000 SF

      15100 Minnetonka Industrial Rd

      INDUSTRIAL (GENERAL) • 45,000 SF
      15100 Minnetonka Industrial Rd, Minnetonka, MN 55345
      View Details
    • Value Estimation by Request
      39,851 SF

      3792 Williston Rd

      INDUSTRIAL (GENERAL) • 39,851 SF
      3792 Williston Rd, Minnetonka, MN 55345-2130
      View Details

    Similar Nearby for Sale

    • $419,000
      0.57 Acres

      Residential Land in Minnetonka

      Residential land for new construction in Minnetonka, Minnesota.
      165xx Hidden Valley Rd, Minnetonka, MN 55345
      View Details
    • $7,500,000
      12,544 SF

      Walgreens NNN Investment, MN

      High-yield Walgreens, 11 years left
      4590 County Road 101, Minnetonka, MN 55345
      View Details
    • $7,500,000
      12,544 SF

      Prime Minnetonka Walgreens Investment

      NNN Lease, Corporate Guarantee, High Traffic
      4950 County Road 101, Minnetonka, MN 55345
      View Details
    • $250,000
      1,500 SF

      Spacious Condo with Luxury Amenities

      Two-bedroom condo near Glen Lake with updated features and amenities.
      14601 Atrium Way, Minnetonka, MN 55345
      View Details
    • $2,272,800
      16,800 SF

      Minnetonka Pet Hotel For Sale

      Premier pet care facility in Minnetonka, MN with strong demographics.
      6133 Baker Rd, Minnetonka, MN 55345
      View Details
    • New
      $289,900
      0.50 Acres

      Residential Lot in Glen Lake

      Vacant lot in Minnetonka's desirable Glen Lake area.
      14705 Glendale Rd, Minnetonka, MN 55345
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,662 SF

      Warehouse Space in Minnetonka

      Warehouse space for sublease featuring office and dock door.
      15300-15324 Minnetonka Industrial Rd, Minnetonka, MN 55345
      View Details
    • Contact for pricing
      4,554 SF

      Minnetonka Flex Space For Rent

      Flex space in Minnetonka with dock and drive-in loading.
      5959 Baker Rd, Minnetonka, MN 55345
      View Details
    • Contact for pricing
      5,796 SF

      Minnetonka Flex Space Available

      Flex space with distinct entrances, dock, and drive-in loading.
      6121 Baker Rd, Minnetonka, MN 55345
      View Details
    • Contact for pricing
      13,811 SF

      Minnetonka Flex/Industrial Space Available

      Flex/industrial space featuring distinct entrances, dock loading, and on-site taproom.
      5929 Baker Rd, Minnetonka, MN 55345
      View Details
    • $6 SF/Yr
      8,208 SF

      Minnetonka Warehouse/Industrial Space Available

      Warehouse/industrial space for rent in Minnetonka, dock and drive-in.
      15225-15305 Minnetonka Blvd, Minnetonka, MN 55345
      View Details
    • Contact for pricing
      10,000 SF

      Retail/Medical Space in Minnetonka

      New construction retail/medical space in Minnetonka, grocery anchored.
      14317 Excelsior Blvd, Minnetonka, MN 55345
      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.
    6031 Culligan Way
    Minnetonka, MN 55345-5918
    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.