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Property profile & analytics

8053 Bloomington Fwy, Unit 1 Bloomington, MN 55420-4577

  • Commercial real estate
  • 2,746 SF
  • 2.31 lot acres
OFF-MARKET
Last Sale
Jul 28, 2022
$360,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-0845327
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

  • Commercial real estate

Property Details for 8053 Bloomington Fwy

Year built
1964
Lot size
2.31 lot acres
Property size
2,746 SF
Property type
Commercial real estate
APN
04-027-24-13-0055
APU
402724130055

Description

This exceptional 1,830-square-foot office condo, located at 8053 E Bloomington Fwy in Bloomington, Minnesota, presents a fantastic investment opportunity. Priced at $429,900 ($234.92/sq ft), this single-story unit within the Crossroads Professional Center offers a highly functional layout. The space includes three private offices, a large and spacious open area perfect for collaborative work, and a dedicated conference room. Its convenient location near the main entrance ensures easy accessibility. Ample parking is available with a generous 4.0/1,000 SF parking ratio, providing 86 surface lot spaces. The property benefits from its proximity to a variety of retail and restaurant options at the intersection of I-494 and Penn Avenue South, as well as nearby shopping centers like Southtown, Southdale, and Galleria. Enjoy the nearby green spaces, including a green area just south of the building, Bryant Lake Park to the east, and Penn Lake Park to the west. Commuting is a breeze with easy access to I-35W and I-494. This well-maintained condo, part of a building with multiple condo owners, offers a blend of convenience, functionality, and a desirable location. The unit is a traditional office space, ideal for a variety of businesses seeking a comfortable and productive work environment. The zip code is 55420.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Bloomington
County
Hennepin
State
Minnesota
Longitude
-93.2967
Latitude
44.8573
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
$9,683
$205,500
$179,500
$385,000
-
$205,500
$179,500
$385,000
More about this property
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