3356 Sherman CtEagan, MN 55121

Property Details for 3356 Sherman Ct

Year built

2005

Construction

WOOD FRAME

Property size (Sq ft)

4,173 SF

Property type

Office buildings

APN

10-14225-05-001

APU

101422505001

Description

This exceptional 2,782 square foot office condo presents a fantastic investment opportunity in the thriving Eagan, Minnesota market. Located at 3356 Sherman Ct, 55121, this two-story building offers a versatile layout ideal for a variety of professional uses, including executive, medical, or traditional office settings. The interior boasts a high-quality finish, highlighted by attractive vaulted ceilings that maximize natural light. The space is thoughtfully designed with a blend of private offices and open work areas, catering to diverse operational needs. A dedicated bathroom and break room add to the convenience and functionality. The property's multi-tenant capability provides flexibility for expansion or income generation. Its strategic location offers easy access to Highway 35E and the vibrant Eagan retail corridor, ensuring high visibility and convenient access for clients and employees. This turnkey office space is ready for immediate occupancy and represents a compelling opportunity to establish or expand a business in a desirable location. The asking price is $440,000. Don't miss this chance to own a well-appointed office condo in a prime Eagan location.

• CAP approach

  CAP return

  Valuation

  6%

  $686,922

  6.5%

  $634,082

  7%

  $588,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $212,990

  Geo Method

  $212,990

• Alternative Use

  Use

  Valuation

  Residential

  $786,261

  Hospitality

  $720,211

  Educational

  $599,207

  Medical

  $619,815

  Retail

  $932,100

Location Insight

City

Eagan

County

Dakota

State

Minnesota

Latitude

44.8369

Longitude

-93.1636

CBSA code

33460

CBSA name

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

Property Tax & Assessments

FAQs

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