New search
Property profile & analytics
OFF-MARKET
Estimated value
$26,765,000
Commercial real estate
8251 Flying Cloud Dr, Eden Prairie, MN 55344-5350
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-0505650
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
325,341 SF
Lot
35.31 ac (1,538,104 SF)
Zoning code
C-REG
APN
14-116-22-42-0011
UPID
US46-0505650
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
$26.77M
Owner & transaction history
Eden Prairie Center LLC · 6 yrs held
Eden Prairie Center LLC
since 2020
7 recorded transactions
Zoning & alternative use
C-REG · Eden Prairie, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Eden Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eden Prairie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$82 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$857,746
Tax year 2023
Assessed value
$30,100,000
Assessed 2023
Previous assessed
$54,660,000
-44.9% YoY
Effective rate
2.85%
On assessed value
Assessed land
$21,543,000
Assessed improvement
$8,557,000
Land market value
$21,543,000
Improvement market value
$8,557,000
Total market value
$30,100,000
Applied tax rate
272.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
325,341 SF
Lot
35.31 ac (1,538,104 SF)
Zoning code
C-REG
APN
14-116-22-42-0011
UPID
US46-0505650
Jurisdiction
HENNEPIN
Zoning & alternative use
C-REG · Eden Prairie, MN
Zoning C-REG · permitted uses
C-REG · Eden Prairie, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eden Prairie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Lot
35.31 ac
Current owner
From public records · entity-resolved
Eden Prairie Center LLC
Entity
Mailing address
125 S WACKER DR STE #1100, CHICAGO, IL 60606-4478
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2020
$500
Eden Prairie Center LLC
Capref Eden Prairie LLC
Grant Deed
related
—
Jun 5, 2020
$500
Eden Prairie Center LLC
Capref Eden Prairie LLC
Grant Deed
related
—
Apr 3, 2020
—
Capref Eden Prairie LLC
—
Deed
related
$86,000,000 · Metlife Com'l Mtg Originator L
Jul 1, 2019
—
Capref Eden Prairie LLC
—
Deed
related
$86,000,000 · Mcmif Holdco I LLC
Dec 5, 2013
$24,408,462
Capref Eden Prairie LLC
Eden Prairie Mall LLC
Grant Deed
related
—
Feb 16, 2010
—
Eden Prairie Mall LLC
—
Deed Of Trust
related
$78,475,901 · Banc/america Com'l Mtg INC #20
—
—
Capref Eden Prairie LLC
—
Loan Modification
related
$674,061 · Aareal Cap Corp
—
—
Capref Eden Prairie LLC
—
Loan Modification
related
$72,000,000 · Aareal Cap Corp
—
—
Capref Eden Prairie LLC
—
Deed Of Trust
related
$86,000,000 · Metlife Com'l Mtg Originator L
—
—
Capref Eden Prairie LLC
—
Loan Modification
related
$86,000,000 · Mcmif Holdco I LLC
—
—
Capref Eden Prairie LLC
—
Deed Of Trust
related
$86,000,000 · Metlife Com'l Mtg Originator L
—
—
Capref Eden Prairie LLC
—
Loan Modification
related
$86,000,000 · Metlife Com'l Mtg Originator L
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8251 Flying Cloud Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
