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    Property profile & analytics

    Wayzata, MN 55391

    • Commercial real estate
    • 2.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 05, 2020
    $55,322,361
    Location Intelligence
    Property ID
    US46-1197882
    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

    Year built
    1975
    Lot size
    2.03 lot acres
    Zone code
    B-1
    Property type
    Commercial real estate
    APN
    09-117-22-33-0005
    APU
    911722330005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wayzata
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.479
    Latitude
    44.9495
    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
    $3,925
    $129,000
    $4,000
    $133,000
    -
    $129,000
    $4,000
    $133,000

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      300 Superior Blvd

      COMMERCIAL (GENERAL) • 0.18 Acres
      300 Superior Blvd, Wayzata, MN 55391-2246
      View Details
    • Value Estimation by Request
      0.14 Acres

      747 Lk E St

      COMMERCIAL (GENERAL) • 0.14 Acres
      747 Lk E St, Wayzata, MN 55391-1712
      View Details
    • Value Estimation by Request
      0.20 Acres

      315 Manitoba Ave

      COMMERCIAL (GENERAL) • 0.20 Acres
      315 Manitoba Ave, Wayzata, MN 55391-1659
      View Details
    • Value Estimation by Request
      1.19 Acres

      19500 Park Ave

      COMMERCIAL (GENERAL) • 1.19 Acres
      19500 Park Ave, Wayzata, MN 55391
      View Details
    • Value Estimation by Request
      0.44 Acres

      Wayzata, MN 55391

      COMMERCIAL (GENERAL) • 0.44 Acres
      Wayzata, MN 55391
      View Details
    • Value Estimation by Request
      1.02 Acres

      319 Barry S Ave

      COMMERCIAL (GENERAL) • 1.02 Acres
      319 Barry S Ave, Wayzata, MN 55391-1658
      View Details

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      Prime Orono lot near Dakota Trail and Lake Minnetonka.
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      Residential Lot in Wayzata Neighborhood

      Expansive lot to build your dream home near Lake Minnetonka.
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    Similar Nearby for Lease

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      Renovated Office Space in Wayzata

      High-end office building in desirable Wayzata location, renovated in 2019.
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      Wayzata Retail Space For Lease

      Prime Wayzata location, 1,600 sq ft available.
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      Prime Wayzata Office Building, 21,800 SF
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      Luxury Office Space with Lake Views

      High-end office space featuring lake views and quality finishes.
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      Wayzata Office Space for Lease

      Flexible workspace solutions in Wayzata, MN.
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    Realmo Value Estimation

    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.

    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.

    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
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