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    8949 University Ave NE Minneapolis, MN 55434

    For Sale
    Contact for pricing

    Redeveloped retail space with excellent visibility and convenient parking.

    Property size:
    118,398 SF

    Property Features for 8949 University Ave NE

    General Information

    Size
    118,398 SF

    Source: Brady Whalen Agent Brady Whalen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Northtown Mall

    This retail property, located across from Northtown Mall in Blaine, offers up to 65,205 square feet of space. The property was recently redeveloped in 2018 with a new facade and other improvements. It features convenient parking and loading areas. The location provides excellent visibility to the main retail corridor and is situated in a densely populated trade area, surrounded by numerous national and regional retailers. AutoZone and Chuck E Cheese are co-located on the property.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2639497
    Latitude
    45.133316

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    FAQs

    What type of property is this?
    Shopping center - Redeveloped retail space with excellent visibility and convenient parking.
    Where is this shopping center located?
    The property is located at 8949 University Ave NE Minneapolis, MN.
    What are key features of this property?
    This property features: - Excellent visibility to the main retail corridor.; - Close proximity to Northtown Mall.; - Newly remodeled property & facade in 2018.
    (952) 563-6656
    Request Owner's contact information
    8949 University Ave NE Minneapolis, MN 55434
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    Minneapolis, MN 55434
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    Realmo Value Estimation

    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.

    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.

    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
    8949 University Ave NE Minneapolis, MN 55434
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