Minneapolis · Commercial sale
WEOP Building 3 buys 5354 Parkdale Dr in Saint Louis Park for $5.5 million
An office building at 5354 Parkdale Dr, Saint Louis Park sold for $5,500,000 on August 18, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $5,500,000
- Sold
- August 18, 2026
- Property type
- Office building
- Lot size
- 75,359 sq ft
- Year built
- 1978
The office building at 5354 Parkdale Dr in Saint Louis Park sold for $5,500,000, 14% above its most recent earlier sale on record: $4,833,513 in 2020. The sale was on August 18, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.
The record lists Bof II MN West End Office Park LLC, a Delaware limited liability company, BP Topham West End Office Park LLC, a Delaware limited liability company, BP UT 1 West End Office Park LLC, a Delaware limited liability company, BP Callan West End Office Park LLC, a Delaware limited liability company, Villages Allara West End Office Park LLC, a Delaware limited liability company and Bodger Bridge West End Office Park LLC, a Delaware limited liability company as the seller. It lists WEOP Building 3, LLC, a Delaware limited liability company as the buyer.
The Assessor's records show a 1978 construction date and a 1.73-acre lot. The market value on record is $5,465,000.
What this sale costs to close
What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $18,700 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $10,600 for the owner's title insurance policy. The seller's estimated net is $5,432,132 before brokerage commissions and any loan payoff. A cash buyer would need about $5,462,323 at closing.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1912151. 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.
