14577 Grand AveBurnsville, MN 55306

Property Details for 14577 Grand Ave

Year built

1986

Construction

WOOD

Lot size

0.02 AC

Property size (Sq ft)

2,016 SF

Zone code

R

Property type

Office buildings

APN

02-90420-00-060

APU

29042000060

Description

This exceptional 2,016 square foot office space at 14577 Grand Avenue in Burnsville, Minnesota, presents a unique opportunity. Situated on a 0.02-acre lot, the property boasts ample parking, a significant advantage in a competitive market. The building's flexible layout is ideal for a single tenant or multiple occupants, offering considerable adaptability to diverse business needs. The interior features two bathrooms and multiple levels, providing both privacy and functional space. The asking price is $235,000. A significant benefit is the comprehensive association fee, which covers a wide range of essential services, including trash removal, lawn care, snow removal, property management, and exterior maintenance. This significantly reduces the ongoing operational costs for the tenant(s). The property's location in Burnsville offers excellent accessibility and visibility. All measurements should be independently verified. This is a rare opportunity to acquire a well-maintained, conveniently located office space with flexible terms and minimal ongoing maintenance responsibilities. Don't miss out on this exceptional offering.

• CAP approach

  CAP return

  Valuation

  6%

  $331,856

  6.5%

  $306,328

  7%

  $284,448

• Comparable approach

  Method

  Valuation

  Relative Method

  $102,897

  Geo Method

  $102,897

• Alternative Use

  Use

  Valuation

  Residential

  $379,847

  Hospitality

  $347,938

  Educational

  $289,480

  Medical

  $299,436

  Retail

  $450,303

Location Insight

City

Burnsville

County

Dakota

State

Minnesota

Latitude

44.7382

Longitude

-93.2816

CBSA code

33460

CBSA name

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

Property Tax & Assessments

FAQs

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