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    5842 Carmen Ave Inver Grove Heights, MN 55076

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    For Sale
    $18,000,000

    163,360 SF industrial facility with special improvements for sale.

    Property size:
    163,360 SF
    Lot size:
    13.90 Acres

    Property Features for 5842 Carmen Ave

    General Information

    Size
    163,360 SF
    Lot size
    13.90 Acres

    Source: Cushman & Wakefield Agent Todd Hanson

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

    Overview

    Inver Grove Heights Industrial Facility

    This 163,360 square foot industrial facility is located in Inver Grove Heights, MN. The property features several special improvements, including five electrical services totaling 12,200 Amps of 3-Phase Power. Air-conditioning is installed throughout the building, with humidity controlled production space. The floor thickness measures 6 inches, with 18-inch pads under equipment presses. The parking lot was re-sealed in 2024. A chemical storage room was added in 2017. The facility includes two reverse osmosis water systems. A separate high-security section in the warehouse contains a 3,000 SF vaulted safe room. Compressed air is available throughout the building.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Inver Grove Heights
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.0390444
    Latitude
    44.8628627

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    FAQs

    What type of property is this?
    Manufacturing property - 163,360 SF industrial facility with special improvements for sale.
    Where is this manufacturing property located?
    The property is located at 5842 Carmen Ave Inver Grove Heights, MN.
    What is the asking price?
    The asking price for this property is $18,000,000.
    What are key features of this property?
    This property features: - 12,200 Amps of 3-Phase Power; - **3,000 SF Vaulted Safe Room in High Security Warehouse Section**; - Air-conditioning Throughout with Humidity Controlled Production Space
    (612) 619-8531
    Request Owner's contact information
    5842 Carmen Ave Inver Grove Heights, MN 55076
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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
    5842 Carmen Ave Inver Grove Heights, MN 55076
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