Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7800 Medicine Lk Rd New Hope, MN

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $850,000

    Gas station with auto repair in high-traffic location.

    Property size:
    2,250 SF
    Lot size:
    0.36 Acres

    Property Features for 7800 Medicine Lk Rd

    General Information

    Size
    2,250 SF
    Lot size
    0.36 Acres

    Source: Twin Oaks Realty Agent John Anderson

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

    Overview

    Full-Service Gas Station with Auto Repair

    This full-service gas station and auto repair property is located in a high-traffic area. The property includes four gasoline dispensers with eight positions under canopies. The auto repair component features three service bays with newer 10 ft doors, three lifts, and one compressor. There are three underground gas tanks and 400 amp electric service. Parking is available for 12 vehicles, including one handicap spot. The property size is 2,250 square feet. Walk-in coolers, walk-in freezers, cabinetry, and counters are included.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    New Hope
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3866185
    Latitude
    45.0380201

    Nearby Similar for Sale

    • Contact for pricing
      26,918 SF

      New Hope Organic Facility

      26,918 SF certified organic facility with grow rooms.
      4730 Quebec Ave N, New Hope, MN
      View Details
    • Contact for pricing
      17,291 SF

      Industrial Building For Automotive Use

      17,000 SF industrial building suitable for automotive or manufacturing.
      5410 International Pkwy, New Hope, MN 55428
      View Details
    • Contact for pricing
      30,580 SF

      Office/Warehouse/Showroom Building For Sale

      Well-maintained 30,580 SF office/warehouse/showroom building in New Hope, MN.
      2721 Nevada Ave N, New Hope, MN
      View Details
    • Contact for pricing
      27,553 SF

      Industrial Property with Overhead Cranes

      Industrial property featuring overhead cranes and drive-in doors.
      9151 International Pkwy, New Hope, MN 55428
      View Details
    • $279,000
      1,661 SF

      Spacious Updated Townhome

      Updated townhome featuring a remodeled kitchen and fresh flooring.
      7615 Elm Grove Ave, New Hope, MN 55428
      View Details
    • $2,450,000
      17,050 SF

      Single-Story Flex Space Opportunity

      17,050 SF flex space with modern finishes and dock.
      9100 49 Ave N, New Hope, MN
      View Details

    FAQs

    What type of property is this?
    Gas station - Gas station with auto repair in high-traffic location.
    Where is this gas station located?
    The property is located at 7800 Medicine Lk Rd New Hope, MN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - High volume traffic location; - Full service auto repair and gas station; - 4 gasoline dispensers with 8 positions under canopies
    (763) 535-1471
    Request Owner's contact information
    7800 Medicine Lk Rd New Hope, MN
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7800 Medicine Lk Rd
    New Hope, MN
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7800 Medicine Lk Rd New Hope, MN
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.