2805 Campus DrPlymouth, MN 55441

Property Details for 2805 Campus Dr

Year built

1997

Construction

CONCRETE BLOCKS

Lot size

0.81 AC

Property type

Assisted living facilities

Property subtype

Retirement homes

APN

22-118-22-34-0023

APU

2211822340023

Description

WestHealth II, a Class B medical office building located at 2805-2855 Campus Dr in Plymouth, Minnesota (zip code 55441), offers exceptional leasing opportunities. This single, six-story building totals 209,170 square feet and sits on a 27.87-acre lot. Currently, there are 14,751 square feet of vacant space available, divisible into units ranging from a minimum of 3,523 square feet to a maximum contiguous space of 6,413 square feet. The building features multiple tenancies, elevators, and is zoned PUD. Constructed in 1994, WestHealth II is situated in the MN - Northwest submarket of Hennepin County and provides convenient access to major transportation routes. The property is categorized as both Retail and Office, with a specific subtype of Medical Office and Commercial. Interested parties should note the building's classification as Class B. This presents a unique opportunity for medical practices or related businesses seeking well-located, versatile space in a thriving area. The address is officially listed as 2805 - 2855 Campus Dr, Minneapolis, MN.

• CAP approach

  CAP return

  Valuation

  6%

  $6,341,186

  6.5%

  $5,853,402

  7%

  $5,435,302

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,071,030

  Geo Method

  $2,071,030

• Alternative Use

  Use

  Valuation

  Residential

  $7,425,288

  Hospitality

  $6,801,524

  Educational

  $5,658,788

  Medical

  $5,853,402

  Retail

  $8,802,558

Location Insight

City

Plymouth

County

Hennepin

State

Minnesota

Latitude

45.0108

Longitude

-93.4541

CBSA code

33460

CBSA name

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

Property Tax & Assessments

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