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7955 Wallace Rd; Eden Prairie, MN Property Details

7955 Wallace Rd, Eden Prairie, MN is a Industrial (General) that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 7955 Wallace Rd has a total of 26,375 square feet. The lot size of 7955 Wallace Rd is 94,525 square feet.

Off market
7955 Wallace Rd Eden Prairie, MN 55344
$2,340,000 Estimated Value
26,375 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1968
  • Purchase Price: $1,186,290
  • APN: 16-116-22-21-0004
  • Situs County: Hennepin
  • Length Of Ownership: 5 years, 2 months

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Concrete
  • Roof Type: Flat
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 26,375/SqFt
  • Lot: 94,525/SqFt
  • Gross: 27,535/SqFt
  • Living: 26,375/SqFt
  • Building: 26,375/SqFt
  • Ground: 26,375/SqFt
  • Price Per Square Foot: $44.98

Legal Description

  • Description: UNPLATTED 16 116 22 BEG AT A PT IN E LINE OF NE 1/4 OF NW 1/4 DIS 395 52/100 FT S FROM NE COR THEREOF TH S 2 DEG 02 MIN W ALONG SAID E LINE DIS 680 FT TH N 70 DEG T NW510X55X510X432
Building Insights

Land Information

  • Property Type: Industrial (General)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Eden Prairie Public School District
  • Lat / Lon: 44.85949 / -93.47082
  • Subdivision: Unplatted 16 116 22
  • Property Class: Industrial
  • Zoning: I-2
  • County Use Code: I

Amenities

  • Cooling: Packaged Unit
  • Garage: Garage
  • Heating: Space/Suspended

Ownership Info

7955 Wallace Rd has no associated ownership info
7955 Wallace Rd has no associated ownership info.

Taxes

7955 Wallace Rd has 10 associated Taxes items

7955 Wallace Rd, Eden Prairie, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $2,340,000. The APN we've located for 7955 Wallace Rd is 16-116-22-21-0004.

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Taxes
  • Assessed Value:  $2,340,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  16-116-22-21-0004
  • Assessed Land Value:  791000
  • Market Land Value:  791000
  • Tax Amount:  72054.28
  • Tax Year:  2025
  • Market Value:  2340000
  • Market Year:  2025

Tax History

7955 Wallace Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,340,000 Land Value $791,000 Improvement Value $1,549,000 Tax Amount $72,054.28 Change Rate +0.069894% Assessed CR Tax Rate +0.030792%
Year 2024 Assessed Value $2,340,000 Land Value $742,000 Improvement Value $1,598,000 Tax Amount $67,347.1 Change Rate +0.099554% Assessed CR Tax Rate +0.028781%
Year 2023 Assessed Value $2,203,000 Land Value $742,000 Improvement Value $1,461,000 Tax Amount $61,249.46 Change Rate +0.013265% Assessed CR Tax Rate +0.027803%
Year 2022 Assessed Value $1,927,000 Land Value $643,000 Improvement Value $1,284,000 Tax Amount $60,447.62 Change Rate +0.026015% Assessed CR Tax Rate +0.031369%
Year 2021 Assessed Value $1,927,000 Land Value $544,000 Improvement Value $1,383,000 Tax Amount $58,914.94 Change Rate +0.192304% Assessed CR Tax Rate +0.030573%
Year 2020 Assessed Value $1,872,000 Land Value $494,000 Improvement Value $1,378,000 Tax Amount $49,412.7 Change Rate +0.014154% Assessed CR Tax Rate +0.026396%
Year 2019 Assessed Value $1,514,000 Land Value $445,000 Improvement Value $1,069,000 Tax Amount $48,723.08 Change Rate +0.082926% Assessed CR Tax Rate +0.032182%
Year 2018 Assessed Value $1,459,000 Land Value $445,000 Improvement Value $1,014,000 Tax Amount $44,992.06 Change Rate +0.015924% Assessed CR Tax Rate +0.030838%
Year 2017 Assessed Value $1,250,000 Land Value $445,000 Improvement Value $805,000 Tax Amount $44,286.82 Change Rate -0.125267% Assessed CR Tax Rate +0.035429%
Year 2016 Assessed Value $1,404,000 Land Value $445,000 Improvement Value $959,000 Tax Amount $50,628.98 Change Rate -0.038479% Assessed CR Tax Rate +0.036061%
Year 2015 Assessed Value $1,377,000 Land Value $445,000 Improvement Value $932,000 Tax Amount $52,655.08 Change Rate Assessed CR Tax Rate +0.038239%
Year 2014 Assessed Value $1,404,000 Land Value $445,000 Improvement Value $959,000 Tax Amount Change Rate Assessed CR Tax Rate