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    19230 Evans St NW Elk River, MN 55330

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    For Lease
    $11 SF/Yr ($1,847 /Mo)

    Professional office building in Elk River with convenient northwest metro location.

    Property size:
    2,015 SF
    Lot size:
    2.97 Acres

    Property Features for 19230 Evans St NW

    General Information

    Size
    2,015 SF
    Lot size
    2.97 Acres

    Source: Schafer Richardson Agent Erin Larson

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

    Overview

    Professional Office Building in Elk River

    This professional office building is situated in a setting overlooking a small lake. The property is located in the northwest metro area of Elk River, with convenient access to Highway 169 and 193rd Avenue NW. The building features a dedicated surface parking lot with 59 stalls. The location benefits from strong traffic counts, with 39,000 vehicles per day. The surrounding retail corridor includes Sammy’s Pizza, Cub Foods, Planet Fitness, Huntington Bank, Wells Fargo, Menards, and Coborn’s. The estimated operating expenses for 2025 are $10.33 per square foot. Lease rates range from $11.00 to $13.00 per square foot, net lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk River
    County
    Sherburne
    State
    Minnesota
    Longitude
    -93.5603481
    Latitude
    45.3190672

    Nearby Similar for Lease

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      950 Us-10, Elk River, MN 55330
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    • $22 SF/Yr
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      Elk River Office Space

      Prime commercial space for lease on Main Street in Elk River.
      327 Main St NW, Elk River, MN 55330
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    • Contact for pricing
      15,000 SF

      Retail Pad Sites For Lease

      Junior box or medical building pad sites available for lease.
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    • $12 SF/Yr
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      Elk River Professional Office Space

      Professional office space in Elk River's downtown area.
      231 Main St NW, Elk River, MN 55330
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    • $17 SF/Yr
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      Elk River Retail Space Available

      Retail spaces available in Elk River shopping mall.
      19238-19268 NW Evans St, Elk River, MN 55330
      View Details

    FAQs

    What type of property is this?
    Office building - Professional office building in Elk River with convenient northwest metro location.
    Where is this office building located?
    The property is located at 19230 Evans St NW Elk River, MN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Convenient northwest metro location off Highway 169 and 193rd Avenue NW in Elk River; - Professional office building in beautiful setting overlooking small lake; - Dedicated surface parking lot with 59 stalls
    (612) 314-1692
    Request Owner's contact information
    19230 Evans St NW Elk River, MN 55330
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    Elk River, MN 55330
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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
    19230 Evans St NW Elk River, MN 55330
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