1101 78Th StBloomington, MN 55420

  • Commercial real estate
  • 22,382 SF
For Lease
$10/SF/YR View listing

Property Details for 1101 78Th St

Year built
1979
Lot size
3.55 AC
Property size (Sq ft)
22,382 SF
Property type
Commercial real estate
APN
02-027-24-21-0025
APU
202724210025

Description

Loffler Business Center offers 42,796 square feet of Class C office space in a single, three-story building situated on 3.55 acres. Built in 1981 and renovated in 2002, this multi-tenant property currently has 37,584 square feet available. Spaces range from a minimum of 1,749 square feet to a maximum contiguous space of 23,027 square feet, offering flexibility for various business needs. The property boasts ample surface parking with a generous 4 spaces per 1,000 square feet ratio. Its strategic location provides convenient access to major transportation arteries, including I-494 and I-35W, and enjoys close proximity to the Mall of America and Minneapolis/St. Paul International Airport. The surrounding area offers a variety of retail and dining options. Property taxes are $11 per square foot. The APN is 02-027-24-21-0025. This presents a compelling opportunity for businesses seeking well-located, adaptable office space with convenient amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,610,259
    Hospitality
    $4,222,972
    Educational
    $3,513,464
    Medical
    $3,634,297
    Retail
    $5,465,388
1101 78Th St, Bloomington, Minnesota

Location Insight

City
Bloomington
County
Hennepin
State
Minnesota
Latitude
44.8615
Longitude
-93.2594
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
$146,178
$2,629,100
$2,395,900
$5,025,000
-
$2,629,100
$2,395,900
$5,025,000

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