8530 Eagle Point BlvdLake Elmo, MN 55042

Property Details for 8530 Eagle Point Blvd

Year built

2007

Lot size

5.06 AC

Property size (Sq ft)

41,898 SF

Property type

Office buildings

APN

33-029-21-42-0015

APU

3302921420015

Description

This Class A, 12,043 square foot office building in Lake Elmo, Minnesota, offers a variety of workspace solutions. Located at 8530 Eagle Point Blvd., Suite 100, zip code 55042, this property boasts 350 total suites, with 5,870 square feet currently vacant. The building underwent renovations in 2019 and features modern furniture, large windows offering lake views, and convenient elevator access. Suites range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to diverse business needs. The property is ideal for businesses seeking executive office space, coworking arrangements, or creative office environments. Its location in Washington County provides easy access to both the vibrant atmosphere of the Twin Cities and the tranquil setting of Lake Elmo. Multiple tenancy options are available, making it a versatile choice for companies of all sizes. The building's modern design and amenities create a premium work environment. This is a prime opportunity to establish your business in a thriving community with excellent accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $7,703,164

  6.5%

  $7,110,613

  7%

  $6,602,712

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,138,474

  Geo Method

  $2,138,474

• Alternative Use

  Use

  Valuation

  Residential

  $8,817,160

  Hospitality

  $8,076,472

  Educational

  $6,719,530

  Medical

  $6,950,624

  Retail

  $10,452,601

Location Insight

City

Lake Elmo

County

Washington

State

Minnesota

Latitude

44.9541

Longitude

-92.9313

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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