8696 Eagle Creek CirSavage, MN 55378

For Sale
$610,000 View listing
  • Commercial real estate
  • 3,810 SF

Property Details for 8696 Eagle Creek Cir

Year built
2007
Lot size
0.05 AC
Property size (Sq ft)
3,810 SF
Property type
Commercial real estate
APN
26-414017-0
APU
264140170

Description

This exceptional end-unit office condo, located at 8696 Eagle Creek Circle in Savage, Minnesota, presents a compelling investment opportunity. The property boasts a total of 3,810 square feet, strategically divided between two levels. The main level, comprising approximately 2,100 square feet, is available for immediate occupancy, offering flexibility for a variety of business needs. The upper level, encompassing roughly 1710 square feet, is currently leased to a long-term tenant with a proven track record, providing a stable income stream. This tenant has occupied the space for several years, demonstrating a commitment to the location. A significant advantage of this property is its inclusion of a drive-in door, a rare feature in office condos, enhancing accessibility and operational efficiency. Situated within the Eagle Creek Office Condo Association, this property benefits from the amenities and professional environment of a well-managed community. The 0.05-acre lot provides ample space for parking and potential future expansion. Priced at $610,000, this property offers a unique blend of immediate occupancy potential and long-term rental income, making it an attractive investment for discerning buyers seeking a versatile and well-located office space in the thriving Savage market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $717,866
    Hospitality
    $657,562
    Educational
    $547,083
    Medical
    $565,898
    Retail
    $851,019
8696 Eagle Creek Cir, Savage, Minnesota

Location Insight

City
Savage
County
Scott
State
Minnesota
Latitude
44.7731
Longitude
-93.3876
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
2024
$12,554
$102,400
$466,200
$568,600
-
$102,400
$466,200
$568,600

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