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    800 53 Ave NE Columbia Heights, MN

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    For Sale
    $12,000,000

    Prime redevelopment site in Columbia Heights, ideal for mixed-use development.

    Property size:
    135,087 SF
    Lot size:
    12.01 Acres

    Property Features for 800 53 Ave NE

    General Information

    Size
    135,087 SF
    Lot size
    12.01 Acres

    Source: Savills Minneapolis Agent Elijah Wieberdink

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

    Overview

    Redevelopment Site Overlooking Sullivan Lake

    This is a prime redevelopment site located in a first-ring suburb of the Twin Cities. The property, with a size of 135087 square feet, is ideally suited for multifamily and mixed-use development. The location offers walkable amenities and overlooks Sullivan Lake.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Columbia Heights
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2630037
    Latitude
    45.0407987

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    FAQs

    What type of property is this?
    Commercial land - Prime redevelopment site in Columbia Heights, ideal for mixed-use development.
    Where is this commercial land located?
    The property is located at 800 53 Ave NE Columbia Heights, MN.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - Prime redevelopment site; - Ideal for multifamily and mixed-use development; - Located in a first ring suburb of the Twin Cities
    (612) 910-2221
    Request Owner's contact information
    800 53 Ave NE Columbia Heights, MN
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    Columbia Heights, 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
    800 53 Ave NE Columbia Heights, MN
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