1951 Woodlane DrWoodbury, MN 55125

Property Details for 1951 Woodlane Dr

Year built

1982

Lot size

1.00 AC

Property size (Sq ft)

8,035 SF

Property type

Office buildings

APN

07-028-21-44-0010

APU

702821440010

Description

This exceptional 8,030 square foot Class B office building, located at 1951 Woodlane Dr in Woodbury, Minnesota, presents a fantastic leasing opportunity. Built in 1982 and extensively renovated in 2021, the property boasts a prime location within the MN - Southeast submarket, offering easy access to major transportation routes. The building comprises four stories and features ample parking with 68 spaces available for tenants and their guests. Currently, there is 1,530 square feet of immediately available executive office space within a multi-tenant building. The property is zoned B-1, allowing for a variety of commercial uses. The building's modern amenities and recent renovations ensure a comfortable and productive work environment. This is an ideal location for businesses seeking high-quality office space in a thriving community. The available space is perfect for a variety of business needs, offering flexibility and the potential for customization. With its convenient location, ample parking, and updated facilities, this property represents a compelling opportunity for businesses looking to establish or expand their presence in the Woodbury area. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,477,276

  6.5%

  $1,363,640

  7%

  $1,266,237

• Comparable approach

  Method

  Valuation

  Relative Method

  $410,106

  Geo Method

  $410,106

• Alternative Use

  Use

  Valuation

  Residential

  $1,690,913

  Hospitality

  $1,548,868

  Educational

  $1,288,640

  Medical

  $1,332,958

  Retail

  $2,004,550

Location Insight

City

Woodbury

County

Washington

State

Minnesota

Latitude

44.9204

Longitude

-92.9654

CBSA code

33460

CBSA name

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

Property Tax & Assessments

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