Minneapolis · Commercial sale
Walser Real Estate buys 12475 Plaza Dr in Eden Prairie for $14.96 million
A commercial property at 12475 Plaza Dr, Eden Prairie sold for $14,957,500 on September 22, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $14,957,500
- Sold
- September 22, 2026
- Property type
- Commercial property
- Lot size
- 412,078 sq ft
- Year built
- 1993
At $14,957,500, the commercial property at 12475 Plaza Dr in Eden Prairie sold for 80% above its recorded market value of $8,299,500, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.
The sale took place on September 22, 2026, according to the certificate. It lists TG Family Limited Partnership LLLP as the seller and Walser Real Estate, LLC as the buyer.
The Assessor's records show the property was built in 1993 and sits on a 9.46-acre lot.
What this sale costs to close
What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $50,855.50 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $27,150.63 for the owner's title insurance policy. The seller's estimated net is $14,759,594 before brokerage commissions and any loan payoff. A cash buyer would need about $14,838,491 at closing.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1923843. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
