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$ 3,700,000
$ 3,790,000 2.4%
Est. payment /mo
Sold on 08/20/2026
3500 Federal DR Eagan, MN 55122
3.92 Acres Lot
UPDATED:
Key Details
Sold Price $3,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Rasmussen College Campus
MLS Listing ID 7007024
Sold Date 08/20/26
Year Built 1990
Annual Tax Amount $3,495
Tax Year 2025
Contingent None
Lot Size 3.916 Acres
Lot Dimensions 3.92
Property Description
The Gateway to Success
Positioned at the strategic gateway of the Twin Cities' South Metro, 3500 Federal Drive offers an unmatched owner-user opportunity within Eagan's thriving professional corridor. This versatile 35,564 SF single-story asset, formerly a flagship educational campus, is engineered for high-density success. With a rare 10.0:1,000 parking ratio—nearly triple the market average—the property is uniquely suited for specialized medical clinics, high-tech training facilities, or mission-critical corporate headquarters.
Visibility is a core asset here: the building commands a front-row seat to over 86,000 vehicles daily on I-35E, providing an invaluable "billboard" effect for its occupant. Its expansive 3.92-acre footprint allows for direct tenant access and exterior autonomy, highly sought-after features in the 2026 suburban office landscape. Situated less than 10 minutes from MSP International Airport and just moments from premier retail hubs like Central Park Commons and Twin Cities Premium Outlets, 3500 Federal Drive combines logistical dominance with elite lifestyle amenities. Whether you are seeking a medical-conversion anchor or a corporate operations center, this property delivers the visibility, accessibility, and infrastructure to scale your organization's future
Positioned at the strategic gateway of the Twin Cities' South Metro, 3500 Federal Drive offers an unmatched owner-user opportunity within Eagan's thriving professional corridor. This versatile 35,564 SF single-story asset, formerly a flagship educational campus, is engineered for high-density success. With a rare 10.0:1,000 parking ratio—nearly triple the market average—the property is uniquely suited for specialized medical clinics, high-tech training facilities, or mission-critical corporate headquarters.
Visibility is a core asset here: the building commands a front-row seat to over 86,000 vehicles daily on I-35E, providing an invaluable "billboard" effect for its occupant. Its expansive 3.92-acre footprint allows for direct tenant access and exterior autonomy, highly sought-after features in the 2026 suburban office landscape. Situated less than 10 minutes from MSP International Airport and just moments from premier retail hubs like Central Park Commons and Twin Cities Premium Outlets, 3500 Federal Drive combines logistical dominance with elite lifestyle amenities. Whether you are seeking a medical-conversion anchor or a corporate operations center, this property delivers the visibility, accessibility, and infrastructure to scale your organization's future
Location
State MN
County Dakota
Zoning Business/Commercial
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Common, Heating Common, Hot Water Common
Present Use Church,Commercial,Office,Professional Service
Building
Story One
Foundation 35564
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
New Construction false
Schools
School District West St. Paul-Mendota Hts.-Eagan
Listed by Femi Olowu • Exactrealtygroup