Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    975 Weir Dr Woodbury, MN 55125-7612
    Back to Search
    Property profile & analytics

    975 Weir Dr, Woodbury, MN 55125-7612

    View on Map
    • Hotels
    • 20,000 SF
    • 4.22 lot acres
    Off-Market
    Last Sale Apr 15, 2022
    Property ID
    US46-1599665
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 975 Weir Dr

    Year built
    2018
    Lot size
    4.22 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    08-028-21-22-0012
    APU
    802821220012

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 15, 2022 — Bsrep II Ws St Paul Woodbury LLC Tiger St Paul Woodbury LLC Lease $12.2M · Jpmorgan Chase Bank NA
    Dec 28, 2018 — Bsrepiiws St Paul Woodbury LLC — Deed · related $5.4M · Spt Ca Fundings 2
    Mar 2, 2018 $1,077,358 Woodspring Suites St Paul Wood Nolan & Nolan LLP Warranty Deed —
    — — Bsrepiiws St Paul Woodbury LLC — Deed Of Trust · related $5.4M · Spt Ca Fundings 2

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Woodbury
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9633
    Latitude
    44.9337
    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
    $217,632
    $1,005,900
    $6,121,600
    $7,127,500
    -
    $1,005,900
    $6,121,600
    $7,127,500

    Comparable in this City

    • Value Estimation
      $860,000
      48,132 SF

      9840 Norma Ln

      HOTEL/MOTEL
      9840 Norma Ln, Woodbury, MN 55125-4835
      View Details
    • Value Estimation by Request
      87,020 SF

      205 Radio Dr

      HOTEL/MOTEL
      205 Radio Dr, Woodbury, MN 55125-5805
      View Details
    • Value Estimation
      $7,300,000

      700 Bielenberg Dr

      HOTEL/MOTEL
      700 Bielenberg Dr, Woodbury, MN 55125-1412
      View Details
    • Value Estimation
      $5,705,000
      89,964 SF

      1450 Weir Dr

      HOTEL/MOTEL
      1450 Weir Dr, Woodbury, MN 55125-4408
      View Details
    • Value Estimation
      $1,190,000
      82,550 SF

      676 Bielenberg Dr

      HOTEL/MOTEL
      676 Bielenberg Dr, Woodbury, MN 55125-1414
      View Details
    • Value Estimation by Request
      75,108 SF

      185 Radio Dr

      HOTEL/MOTEL
      185 Radio Dr, Woodbury, MN 55125-2619
      View Details

    Similar Nearby for Sale

    • $750,000
      3,000 SF

      Adaptable Office Space Near I-494

      3,000 sq ft office space with high visibility.
      1103 Weir Dr, Woodbury, MN 55125
      View Details
    • Contact for pricing

      Prime Land in Woodbury, MN

      2.07 acre commercial land with B1 zoning in Woodbury.
      1783 Woodlane Dr, Woodbury, MN 55125
      View Details
    • Contact for pricing

      Commercial Land for Sale

      1.19 acre commercial land available in St Paul, MN.
      1890 Woodlane Dr, Saint Paul, MN 55125
      View Details
    • Contact for pricing
      2.00 Acres

      Woodbury Office/Warehouse/Flex Space

      Office/warehouse/flex space in Woodbury with easy access to 494.
      1890 Wooddale Dr, Woodbury, MN 55125
      View Details
    • $2,800,000
      12,693 SF

      Woodbury Medical Office Building

      12,693 SF Medical Office, $2.8M
      8401 Seasons Pkwy, Woodbury, MN 55125
      View Details
    • Contact for pricing

      Commercial Property For Sale

      Commercial property available for sale.
      576 Bielenberg Dr, Woodbury, MN 55125
      View Details

    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      MN, Woodbury - Hudson Rd

      Workspaces, services and support to help you work better in MN, Woodbury - Hudson Rd
      6063 Woodbury Mn, Woodbury, MN 55125
      View Details
    • Contact for pricing

      Retail Property in Woodbury

      Retail space available for lease in Woodbury, Minnesota.
      8484 Tamarack Bay, Woodbury, MN 55125
      View Details
    • Contact for pricing
      2,544 SF

      Regional Center Retail Space

      Established shopping center with strong national and local tenants.
      7060 Valley Creek Plz, Woodbury, MN 55125
      View Details
    • Contact for pricing
      1,728 SF

      Dental Suite Ready For Rent

      Fully built-out dental/oral surgery suite with superior access.
      237 Radio Dr, Woodbury, MN 55125
      View Details
    • Contact for pricing
      7,800 SF

      Retail Space in Woodbury

      Retail space ideal for restaurants or medical use.
      449 Commerce Dr, Woodbury, MN 55125
      View Details
    • Contact for pricing
      1,262 SF

      Woodbury Retail Center Space

      Retail space in a busy Woodbury shopping center.
      1795 Radio Dr, Woodbury, MN 55125
      View Details

    Property Visit Statistics

    • Visits by month
      3.1k
    • Visitors by month
      753
    • Avg Time on site
      491 min
    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.
    975 Weir Dr
    Woodbury, MN 55125-7612
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    975 Weir Dr, Woodbury, MN, 55125
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!