Property profile

7970 Wallace Rd Eden Prairie, MN 55344

OFF-MARKET
Industrial properties
Property ID
US46-0765883
20,073 SF 2.03 ac lot Built 1978
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,073 SF
Lot 2.03 ac (88,427 SF)
Zoning code I-2
APN 16-116-22-21-0007
UPID US46-0765883

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

7970 Wallace Rd Eden Prairie, MN 55344-2232
Eden Prairie metro Census 26015 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.36M
Comparable Approach Comparable
$2.44M
Blend (final) Blend
$2.78M

Owner & transaction history

since 2026
Last sale
$2.7M
4 recorded transactions
2026
Price N/A
2025
Price N/A
2025
$2.7M
1969
Price N/A

Zoning & alternative use

I-2 · Eden Prairie, MN
Zoning description

and Open Space (P), Industrial (I, I-2, I-5 and I-Gen), TOD-MU (if the project includes commercial uses) and TOD-E (if the project includes industrial uses) zoning districts. C. Duration of Image. A dynamic display's ima…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $4.3M +104.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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