Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    503 Gentry Avenue N Oakdale, MN 55128

    View on Map
    For Sale
    $142,500

    Lots & Land - Oakdale, MN

    Lot size:
    0.27 Acres
    Added:
    Oct 15, 2024
    Days on Market:
    534
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 503 Gentry Avenue N

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential-Single Family
    Standard status
    Active
    APN
    3102929210032
    Lot size
    0.27 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    1554

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lawrence Eberhard, GRI, CRS

    Listing agent Lawrence Eberhard, GRI, CRS

    Listing office Keller Williams Premier Realty 3555 Willow Lake Blvd Ste 100, Vadnais Heights, MN

    Listing date Oct 15, 2024

    MLS# 6618570 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buildable Lake Lot Opportunity

    This is a buildable lake lot on Tanners Lake. The lot features 60 feet of east-facing lakeshore, capturing sunrises over the northern bay of the lake. The slope of the lot is suited for a walkout basement, with the possibility of building closer to the street and having a large, private backyard. Buyers have the freedom to choose their own builder. The lots are currently being surveyed, with completion anticipated by the end of November. This allows time to design and plan a dream lake home for construction in the spring. An existing cabin or building encroaches approximately 15 feet onto the lot and will need to be removed. The property is conveniently located with easy access to amenities in the east Metro. Tanners Lake is a limited recreation lake with a city-imposed speed limit of 10 mph. The lot size is approximately 0.2692 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Oakdale
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9833605
    Latitude
    44.9560594

    Nearby Similar for Sale

    • $180,000

      Buildable Lake Lot in Oakdale

      Buildable lake lot with east-facing lakeshore and walkout basement potential.
      509 Gentry Avenue N, Oakdale, MN 55128
      View Details
    • $142,500

      Buildable Lake Lot on Tanners

      Buildable lake lot with 60 feet of east-facing lakeshore.
      489 Gentry Avenue N, Oakdale, MN 55128
      View Details
    • $2,500,000
      8,300 SF

      Oakdale Land for Sale

      Land available for outdoor machinery storage in Oakdale, MN.
      6740 Hudson Blvd N, Oakdale, MN
      View Details
    • Contact for pricing
      5 SF

      Valvoline in Oakdale, MN

      1.18-acre parcel containing a newly constructed Valvoline.
      7191 10th St N | Oakdale, MN 55128, MN 55128
      View Details
    • Contact for pricing
      15,989 SF

      Oakdale Office Space Available

      Office space available for rent in Oakdale, Minnesota.
      7655-7755 3rd St N, Oakdale, MN
      View Details
    • $1,290,000
      10,665 SF

      Oakdale Industrial Building For Lease

      Industrial building with office, showroom, and warehouse spaces for lease.
      5215 Gershwin Ave N, Oakdale, MN
      View Details
    • Contact for pricing
      17,110 SF

      Oakdale Automotive/Retail Property For Rent

      Automotive/Retail property with I-94 exposure and maintenance shop.
      2967 Hudson Rd, Oakdale, MN
      View Details
    • Contact for pricing

      Oakdale Retail Outlot For Sale

      0.77-acre outlot adjacent to retail center off I-94.
      3rd St N, Oakdale, MN
      View Details
    • Contact for pricing

      Land Available in Oakdale, MN

      Land available at Hwy 5 & Ideal Ave, Oakdale, MN.
      Hwy 5 & Ideal Ave, Oakdale, MN
      View Details
    • Contact for pricing

      Prime Land I-94 Corridor

      Undeveloped land with high visibility and access to I-94.
      7049 4th St N, Oakdale, MN
      View Details
    • $500,000

      Land with I-694 Exposure

      4.5 acres with highway exposure in Oakdale, Minnesota.
      5705 Hadley Ave N, Oakdale, MN
      View Details
    • Contact for pricing

      Oakdale Land Development Opportunity

      2.75 acres of land for development in Oakdale, MN.
      249 Geneva N Ave, Oakdale, MN
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Buildable lake lot on Tanners Lake in Oakdale, MN.
    Where is this residential land & home lot located?
    The property is located at 503 Gentry Avenue N Oakdale, MN.
    What is the asking price?
    The asking price for this property is $142,500.
    What are key features of this property?
    This property features: Rare buildable lake lot on Tanners Lake.; Enjoy 60 feet of east‑facing lakeshore with sunrise views.; Ideal slope for walkout basement and private backyard.
    (651) 379-1500
    We can help!
    Listing Contact
    Lawrence Eberhard, GRI, CRS
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!