4710 White Bear PkwyWhite Bear Lake, MN 55110

  • Office properties
  • 5,376 SF
For Lease
$144/SF/YR View listing

Property Details for 4710 White Bear Pkwy

Year built
1996
Construction
WOOD FRAME
Lot size
0.15 AC
Property size (Sq ft)
5,376 SF
Zone code
C
Property type
Office properties
APN
16-30-22-44-0019
APU
163022440019

Description

This exceptional two-story office condo, totaling 5,592 square feet, presents a unique opportunity in White Bear Lake, Minnesota. Built in 1996, the property boasts a desirable location at 4710 White Bear Parkway, zip code 55110, within Ramsey County. The building features a 9-foot ceiling height, creating a spacious and comfortable work environment. While there are no elevators, the two-story layout offers efficient use of space. The property is zoned PZR - Performance Zone Residential District, offering flexibility for various business uses. High-speed Comcast internet is readily available, ensuring seamless connectivity. Convenient access to I-35E is easily achieved via Highway 96E, making commuting and client visits effortless. This single-building property is ideal for a coworking space or similar multiple-tenancy operation. The property's size and features make it an attractive investment opportunity in a thriving community. Currently, one space is available within this established building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $988,405
    6.5%
    $912,374
    7%
    $847,205
  • Comparable approach

    Method
    Valuation
    Relative Method
    $274,391
    Geo Method
    $274,391
  • Alternative Use

    Use
    Valuation
    Residential
    $1,131,344
    Hospitality
    $1,036,305
    Educational
    $862,194
    Medical
    $891,846
    Retail
    $1,341,190
4710 White Bear Pkwy, White Bear Lake, Minnesota

Location Insight

City
White Bear Lake
County
Ramsey
State
Minnesota
Latitude
45.0821
Longitude
-93.0489
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
$13,208
$75,000
$587,100
$662,100
-
$75,000
$587,100
$662,100

FAQs

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