7200 Metro BlvdEdina, MN 55439

  • Commercial real estate
  • 6,965 SF
For Lease
$16/SF/YR View listing

Property Details for 7200 Metro Blvd

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.19 AC
Property size (Sq ft)
6,965 SF
Zone code
POD-2
Property type
Commercial real estate
APN
09-116-21-24-0010
APU
911621240010

Description

This exceptional two-story office building, situated at 7200 Metro Blvd in Edina, Minnesota, presents a compelling investment or leasing opportunity. The 13,732 square foot building boasts a prime location within Edina's highly sought-after business district, offering convenient access to major transportation arteries. Highway 100 runs parallel to the east, with easy access to Highways 62 and 494, ensuring seamless commutes for employees and clients. Built in 1980, this Class B property features ample parking with 56 spaces available. The building sits on a 0.19-acre lot and is zoned POD-2, Planned Office District-2, allowing for a variety of potential uses. The traditional office layout is ideal for multiple tenants, providing flexibility for businesses of various sizes. This standalone building offers a unique opportunity to establish a strong presence in a thriving business community, benefiting from the area's amenities and strong market resilience. The property's strategic location and substantial square footage make it an attractive option for businesses seeking a well-established and easily accessible office space in Edina, MN, zip code 55439. The building's size and parking capacity provide significant advantages for companies needing ample space and convenient parking for staff and visitors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,924,514
    Hospitality
    $1,762,844
    Educational
    $1,466,666
    Medical
    $1,517,107
    Retail
    $2,281,480

Location Insight

City
Edina
County
Hennepin
State
Minnesota
Latitude
44.871
Longitude
-93.3516
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
$52,184
$590,700
$1,241,400
$1,832,100
-
$590,700
$1,241,400
$1,832,100

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