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    3481 Laverne Ave Lake Elmo, MN 55042

    For Lease
    Contact for pricing

    Warehouse spaces available for lease in Lake Elmo, Minnesota.

    Property size:
    30,308 SF
    Lot size:
    1.53 Acres

    Property Features for 3481 Laverne Ave

    General Information

    Size
    30,308 SF
    Lot size
    1.53 Acres

    Source: Telus Property Services & Solutions Agent Brian Zeller

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

    Overview

    Lake Elmo Warehouse Spaces

    Two warehouse buildings are available for lease. Building #8 offers 22,708 square feet, while Building #5 provides 7,600 square feet, totaling 30,308 square feet. The warehouses are unheated. Electrical service is available on site. The property is zoned General Business (GB) and is situated in the heart of Lake Elmo, near Manning Avenue and County Road 14.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    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
    Lake Elmo
    County
    Washington
    State
    Minnesota
    Longitude
    -92.8782315
    Latitude
    44.9994738

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    FAQs

    What type of property is this?
    Warehouse - Warehouse spaces available for lease in Lake Elmo, Minnesota.
    Where is this warehouse located?
    The property is located at 3481 Laverne Ave Lake Elmo, MN.
    What are key features of this property?
    This property features: - Two Buildings: **22,708 SF and 7,600 SF**; - Located In The Heart Of Lake Elmo; - Zoning: General Business- GB
    (612) 325-3038
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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
    3481 Laverne Ave Lake Elmo, MN 55042
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