905 Pkwy Dr Maplewood, MN 55117-8200
This exceptional 6,750-square-foot executive office building, located at 905 Parkway Dr, Saint Paul, MN 55117, presents a unique investment opportunity. Built in 1962 and situated in Ramsey County, this Class C property boasts a desirable location, just two miles from 35E, with convenient access to Maplewood Drive, Larpenteur Avenue E, and Round Lake. The building features a bright, open lobby complete with a coffee nook, twelve private offices, and a spacious executive suite including a kitchenette and full bathroom. Additional amenities include a well-equipped kitchen/break room and a dedicated conference room. Ample parking is provided with 30 stalls, 12 of which are covered. Recent improvements include a roof replacement in 2023. The property is zoned 3A and is ideally suited for professional services such as law, insurance, or accounting firms. Negotiations for the inclusion of high-end existing furniture are welcome. Contract for deed offers are encouraged. This is a turnkey opportunity to acquire a well-maintained and strategically located office building in a thriving area. The net rentable square footage is 6,750 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.