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    198 Northtown Dr NE Blaine, MN

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    For Sale
    $3,560,454

    High-visibility retail property near Northtown Mall in Blaine, Minnesota.

    Property size:
    30,499 SF
    Lot size:
    2.00 Acres

    Property Features for 198 Northtown Dr NE

    General Information

    Size
    30,499 SF
    Lot size
    2.00 Acres

    Source: Brisky Net Lease Agent Brian Brisky

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

    Overview

    Prime Retail Location Near Northtown

    This retail property is an outparcel of Northtown Mall, a shopping destination in Blaine, part of the Minneapolis–St. Paul–Bloomington, MN–WI Metropolitan Area. Northtown Mall ranks in the top 75th percentile of regional malls nationwide. The Northtown submarket has a low vacancy rate of 1.9%, with general retail vacancies at 0.5%. The property is located at the signalized intersection of Highway 47 (31,500 VPD) and 85th Ave NW (15,600 VPD), near Highway 65 (58,000 VPD) and US-10 (97,105 VPD). Blaine is a Twin Cities suburb experiencing population growth and strong demographics, located 13 miles north of Minneapolis. The area within a five-mile radius of the property has a population exceeding 228,000, with an average household income of over $101,000. The building has been renovated and offers visibility and parking. A new thermoplastic polyolefin (TPO) roof was installed in 2019. The property is suitable for retail use. The building size is 30,499 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Cub Foods Floral

    Map

    City
    Blaine
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2349489
    Latitude
    45.1607987

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    FAQs

    What type of property is this?
    Storefront property - High-visibility retail property near Northtown Mall in Blaine, Minnesota.
    Where is this storefront property located?
    The property is located at 198 Northtown Dr NE Blaine, MN.
    What is the asking price?
    The asking price for this property is $3,560,454.
    What are key features of this property?
    This property features: - Strong, Established Tenant: Sky Zone, a leading indoor active entertainment brand.; - Prime Retail Location: Outparcel of Northtown Mall in a strong retail submarket.; - High Visibility & Easy Access: Located at a signalized intersection with high traffic volume.
    (715) 529-4441
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    Blaine, MN
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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
    198 Northtown Dr NE Blaine, MN
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