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    11070 Lamont Ave NE Hanover, MN 55341

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    For Sale
    $750,000

    12,240 SF industrial building with open layout and skylights.

    Property size:
    12,240 SF
    Lot size:
    0.93 Acres

    Property Features for 11070 Lamont Ave NE

    General Information

    Size
    12,240 SF
    Lot size
    0.93 Acres

    Source: KW Commercial - Minnetonka Agent Jeff Stedman

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

    Overview

    Spacious Industrial Building in Hanover

    This 12,240 square foot industrial building is located in Hanover, Minnesota, and is well-positioned to meet the growing industrial demand in the Northwest metro area. The surrounding cities include St. Michael, Albertville, Medina, Maple Grove, Plymouth, and Rogers. The building has an open layout, ready for buildout, with no walls to demo. City services are available at the street, and there is 3-phase power access behind the building with 480-volt capability. The building dimensions are 60 feet wide and 204 feet long. It features one drive-in door measuring 20 feet wide by 15.5 feet high. The clear height ranges from 15.5 feet to 20 feet at the peak. The property benefits from abundant natural light, with approximately 17% of the ceiling consisting of skylights. There is minimal surface parking available, with room to add more. The property is located in the NW Metro area, approximately 9 miles from Rogers/I-94, 14 miles from Maple Grove, and 8 miles from Rockford.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Skin Care Clinic

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

    Similar Places Nearby

    RJM Storage

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Wright
    State
    Minnesota
    Longitude
    -93.657136
    Latitude
    45.166289

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    FAQs

    What type of property is this?
    Warehouse - 12,240 SF industrial building with open layout and skylights.
    Where is this warehouse located?
    The property is located at 11070 Lamont Ave NE Hanover, MN.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Strategic location in the high-demand Northwest metro area, close to major cities like St. Michael, Maple Grove, and Rogers.; - City services available at the street, including **3-phase power with 480-volt capability**.; - Open layout allows for customized buildout without demolition.
    (952) 473-0903
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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
    11070 Lamont Ave NE Hanover, MN 55341
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