1540 Humboldt AveWest Saint Paul, MN 55118

  • Office buildings
  • 16,320 SF
For Lease

Property Details for 1540 Humboldt Ave

Year built
1998
Construction
CONCRETE
Lot size
1.23 AC
Property size (Sq ft)
16,320 SF
Property type
Office buildings
APN
42-17600-01-042
APU
421760001042

Description

This exceptional executive office suite, totaling 495 square feet, is ideally situated at 1540 Humboldt Avenue in West Saint Paul, Minnesota, within Dakota County. The entire space is currently vacant and available for immediate lease, presenting a unique opportunity for a business seeking a move-in ready solution. The property is classified as an office building with a multiple tenancy structure, indicating potential for shared amenities or collaborative work environments. The precise configuration of the interior remains to be determined by the tenant, allowing for customization to meet specific business needs. Located in the 55118 zip code, this property benefits from convenient access to local amenities and transportation networks. The address is 1540 Humboldt Avenue, West Saint Paul, MN. This is a fantastic opportunity for a small business or professional seeking a well-located, efficient, and readily available office space. The property's size makes it perfect for a small team or individual requiring a professional workspace. Interested parties are encouraged to inquire promptly to secure this prime location. The building offers 495 square feet of total space, all of which is currently vacant. This presents a blank canvas for a new tenant to design and implement their ideal office layout. The property is situated in a convenient location within West Saint Paul, offering easy access to local businesses and transportation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,938,898
    6.5%
    $2,712,829
    7%
    $2,519,055
  • Comparable approach

    Method
    Valuation
    Relative Method
    $832,973
    Geo Method
    $832,973
  • Alternative Use

    Use
    Valuation
    Residential
    $3,363,908
    Hospitality
    $3,081,321
    Educational
    $2,563,623
    Medical
    $2,651,790
    Retail
    $3,987,858
1540 Humboldt Ave, West Saint Paul, Minnesota

Location Insight

City
West Saint Paul
County
Dakota
State
Minnesota
Latitude
44.8998
Longitude
-93.0843
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
$40,256
$337,300
$1,006,300
$1,343,600
-
$337,300
$1,006,300
$1,343,600

FAQs

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