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    1481 81 Ave NE Spring Lake Park, MN

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    For Sale
    $1,600,000

    Well-maintained office building with recent updates and flexible layout.

    Property size:
    10,000 SF
    Lot size:
    0.99 Acres

    Property Features for 1481 81 Ave NE

    General Information

    Size
    10,000 SF
    Lot size
    0.99 Acres

    Source: Parcel Real Estate Agent Sam Johnson

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

    Overview

    Turnkey Office Building For Sale

    This turnkey office building is available for purchase. The property features 21 private offices of varying sizes, from average to large. It also includes a large training room, print room, conference room, "war" room, cubical space, and a reception area. The building can be easily divided into two units, with separate utility meters and entrances. Many updates and maintenance tasks have been completed in recent years. The seller is open to selling the furniture in place. The building is move-in ready.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Spring Lake Park
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2380038
    Latitude
    45.1077433

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    FAQs

    What type of property is this?
    Office building - Well-maintained office building with recent updates and flexible layout.
    Where is this office building located?
    The property is located at 1481 81 Ave NE Spring Lake Park, MN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Turnkey condition: Ready for immediate occupancy with recent updates.; - Divisible into two units: Separately metered utilities and a separate entrance allow for flexible use.; - Features 21 private offices of varying sizes.
    (320) 420-1177
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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
    1481 81 Ave NE Spring Lake Park, MN
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