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    6220 Mckinley St NW Ramsey, MN

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    For Sale
    $2,550,000

    Industrial facility featuring cranes, new roof, and geothermal efficiency.

    Property size:
    19,870 SF
    Lot size:
    2.00 Acres

    Property Features for 6220 Mckinley St NW

    General Information

    Size
    19,870 SF
    Lot size
    2.00 Acres

    Source: Savills Minneapolis Agent Elijah Wieberdink

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

    Overview

    Industrial Property with Crane Access

    This industrial property, constructed in 1998, features six cranes, including a 10-ton exterior crane. The building provides 24’ clear height, one dock with a leveler, and one grade-level door. A new roof was installed in December 2022. The electrical system is a 3-phase 480Y/277V system with 1,200 amps. The property incorporates geothermal energy efficiency with 65 vertical wells. Additional amenities include three air compressors and an expansion opportunity. There is a current tenant with leasing options through 2026/2027. The property size is 19870 square feet. Taxes are $57,664.08.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Garden Center Daycare Center Computer & Electronic Repair Plumbing Service Carpet & Flooring Store Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ramsey
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.4325
    Latitude
    45.2924

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    FAQs

    What type of property is this?
    Manufacturing property - Industrial facility featuring cranes, new roof, and geothermal efficiency.
    Where is this manufacturing property located?
    The property is located at 6220 Mckinley St NW Ramsey, MN.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: - Geothermal energy efficiency with 65 vertical wells for cost-effective and sustainable heating and cooling.; - Six cranes, including a 10-ton exterior crane, enhancing operational capabilities.; - New roof installed in December 2022.
    (612) 910-2221
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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
    6220 Mckinley St NW Ramsey, MN
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