Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2375-2397 Fairview Ave N Roseville, MN

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with high visibility near a regional shopping center.

    Property size:
    2,990 SF
    Lot size:
    4.46 Acres

    Property Features for 2375-2397 Fairview Ave N

    General Information

    Size
    2,990 SF
    Lot size
    4.46 Acres

    We can help!

    Listing Contact
    Kris Schisel
    Source: Moodyscre

    Listing Agent: Kris Schisel

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

    Learn more

    Overview

    Retail Space Near Rosedale Center

    This retail space, totaling 2,990 square feet, is situated in Fairdale Shoppes on Fairview Avenue North, directly across from the regional shopping center, Rosedale Center. The location benefits from a mature and dense retail trade area with dominant retail tenants. The building offers significant exposure to both Highway 36 and Fairview Avenue, including building signage on a prominent side of the building.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Similar Places Nearby

    Rosedale Center, Coin Cloud Bitcoin ATM, Coin Cloud Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, HarMar Mall

    Map

    City
    Roseville
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1566107
    Latitude
    45.0060767

    Nearby Similar for Lease

    • $9 SF/Yr
      2,124 SF

      Roseville Office Space for Lease

      Multi-tenant office building near Rosedale Center with suites available.
      1935 W County Rd, Roseville, MN
      View Details
    • $12 SF/Yr
      2,884 SF

      Conveniently Located Roseridge Office Space

      Office space with easy access to highways and public transportation.
      1611 County Rd B W, Roseville, MN
      View Details
    • $14 SF/Yr
      2,656 SF

      Updated Warehouse with Modern Amenities

      Recently updated warehouse with convenient access and modern features.
      1911 Rice St, Roseville, MN
      View Details
    • $13 SF/Yr
      1,200 SF

      Office/Retail Space in Roseville

      Available office/retail space with great freeway access and ample parking.
      2075-2085 Rice St, Roseville, MN
      View Details
    • Contact for pricing
      29,337 SF

      Roseville Retail Center Investment Opportunity

      Prime Roseville location, multiple spaces available.
      1688 Lexington Ave, Roseville, MN 55113
      View Details
    • Contact for pricing
      1,002 SF

      Main Floor Office Space Available

      Office space with flexible build out and convenient location.
      2345 Rice St, Roseville, MN
      View Details
    • $18 SF/Yr
      636 SF

      Office Space in Roseville

      Office space for rent with easy freeway access.
      2489 Rice St, Roseville, MN
      View Details
    • Contact for pricing
      1,556 SF

      Retail Space in Rosedale Square

      Retail space available in a busy shopping center.
      1601-1677 W County Rd, Roseville, MN
      View Details
    • $22 SF/Yr
      15,986 SF

      Roseville Executive Office Suites

      Modern Office Space, Prime Location
      2355 Hwy 36, Roseville, MN 55113
      View Details
    • $19 SF/Yr
      966 SF

      Roseville Office Space For Rent

      Office space in Roseville with easy freeway access.
      2353 Rice St, Roseville, MN
      View Details
    • $8 SF/Yr
      38,472 SF

      Roseville Office Space Available

      38,472 SF Office Building, Multiple Suites
      1611 County B Rd, Roseville, MN 55113
      View Details
    • $13 SF/Yr
      31,412 SF

      Roseville Office Space for Lease

      Prime Roseville location, flexible suites available.
      2780 Snelling Ser Dr, Roseville, MN 55113
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space with high visibility near a regional shopping center.
    Where is this shopping center located?
    The property is located at 2375-2397 Fairview Ave N Roseville, MN.
    What are key features of this property?
    This property features: - Outstanding exposure to Highway 36 and Fairview Ave; - Building signage on prominent side of the building; - Located directly across from Rosedale Center
    (612) 343-4200
    Request Owner's contact information
    2375-2397 Fairview Ave N Roseville, MN
    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.
    2375-2397 Fairview Ave N
    Roseville, MN
    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
    2375-2397 Fairview Ave N Roseville, MN
    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

    We can help!
    Listing Contact
    Kris Schisel
    (612) 343-4200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.