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    4920-4980 State Hwy, Unit 169 New Hope, MN

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    For Lease
    $7 SF/Yr ($1,039 /Mo)

    Well-maintained warehouse bays with convenient highway access and loading docks.

    Property size:
    1,782 SF
    Lot size:
    4.13 Acres

    Property Features for 4920-4980 State Hwy

    General Information

    Size
    1,782 SF
    Lot size
    4.13 Acres

    Source: Cushman & Wakefield Agent Bruce Hoberman

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

    Overview

    Warehouse Space with Highway Access

    This property offers warehouse and industrial spaces with convenient access to Highway 169. The available bays, featuring both dock and drive-in loading options, are situated in a well-maintained common area. The property's location provides proximity to various area amenities. The spaces are smaller and suitable for businesses seeking a compact footprint. The property size is 1782 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    Perrigo Storage, Public Storage, Park Place Storage Condos - New Hope, Metro Movers, InStor Warehouse Solutions

    Map

    City
    New Hope
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3866185
    Latitude
    45.0380201

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    FAQs

    What type of property is this?
    Warehouse - Well-maintained warehouse bays with convenient highway access and loading docks.
    Where is this warehouse located?
    The property is located at 4920-4980 State Hwy, Unit 169 New Hope, MN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Excellent access to Hwy 169; - Hard to find smaller bays; - Dock and drive-in loading available
    (952) 820-8775
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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
    4920-4980 State Hwy, Unit 169 New Hope, MN
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