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
    The Largest CRE Database in the US with Over 1 Million Listings

    Benjamin Dr & Finley Rd Woodbury, MN

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $919,000

    Land available for retail development with utilities on site.

    Lot size:
    0.74 Acres

    Property Features for Benjamin Dr & Finley Rd

    General Information

    Lot size
    0.74 Acres

    We can help!

    Listing Contact
    Bradee Thompson
    Bradee Thompson
    Source: Moodyscre

    Listing Agent: Bradee Thompson

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

    Learn more

    Overview

    Land Zoned for Retail

    This property is zoned B-3 Planned Shopping Center District and is intended for retail uses. The site has sewer and water connections available. A ponding area is already in place. The property's PID number is 29.028.21.12.0020.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Woodbury
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9475662
    Latitude
    44.915423

    Nearby Similar for Sale

    • Contact for pricing
      2.00 Acres

      Woodbury Office/Warehouse/Flex Space

      Office/warehouse/flex space in Woodbury with easy access to 494.
      1890 Wooddale Dr, Woodbury, MN 55125
      View Details
    • $409,900
      0.07 Acres

      Adaptable Office Space Near I-494

      1,500 sq ft office space with high visibility on I-494.
      1103 Weir Dr, Woodbury, MN 55125
      View Details
    • $289,900
      1,129 SF

      Updated Townhome in Prime Location

      Charming 2-bedroom townhome in Woodbury, move-in ready and conveniently located.
      9770 Moonbeam Ln, Woodbury, MN 55125
      View Details
    • $4,796,500

      Woodbury Multi-Tenant Retail Portfolio

      Two fully leased retail centers in Woodbury, Minnesota.
      8144-8484 Coller Way, Woodbury, MN 55125
      View Details
    • $449,900

      Dancing Waters Home with Amenities

      Well-maintained home in Dancing Waters with resort-style community amenities.
      11355 Beechwood Ln, Woodbury, MN 55129
      View Details
    • $395,000
      2,064 SF

      Eagle Valley Townhome with Golf

      Well-maintained 2-bedroom townhome in a desirable golf course community.
      10241 Country Club Curv, Woodbury, MN 55129
      View Details
    • $219,900

      Woodbury Townhome with Private Courtyard

      2-bedroom townhome in Woodbury with new appliances and private courtyard.
      7880 Rimbley Rd, Woodbury, MN 55125
      View Details
    • $299,900

      Updated Townhome with Two-Car Garage

      End-unit townhome with updates, sunroom, and oversized garage.
      9851 Moonbeam Ln, Woodbury, MN 55125
      View Details
    • Contact for pricing
      476,928 SF

      I-94 East Logistics Center

      476,928 SF warehouse/distribution center on 33.7 acres for sale.
      11435 Hudson Rd, Woodbury, MN
      View Details
    • $4,995,000
      19,686 SF

      Retail Property in Growing Market

      19,686 SF retail property built in 2006, 100% occupied.
      2110 Eagle Creek Ln, Woodbury, MN 55129
      View Details
    • $5,500,000
      17,994 SF

      Two-Story Office Building Investment

      Fully leased office building with high visibility and future metro.
      652 Bielenberg Dr, Woodbury, MN 55125
      View Details
    • $5,250,000
      11,372 SF

      Woodbury Office Building For Sale

      Fully occupied office building in Tamarack Hills with highway access.
      796 Bielenberg Dr, Woodbury, MN 55125
      View Details

    FAQs

    What type of property is this?
    Land - Land available for retail development with utilities on site.
    Where is this land located?
    The property is located at Benjamin Dr & Finley Rd Woodbury, MN.
    What is the asking price?
    The asking price for this property is $919,000.
    What are key features of this property?
    This property features: - Zoned for retail uses; - Sewer and water to site; - Zoned B-3 Planned Shopping Center District
    (612) 355-0750
    Request Owner's contact information
    Benjamin Dr & Finley Rd Woodbury, 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.
    Benjamin Dr & Finley Rd
    Woodbury, 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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Benjamin Dr & Finley Rd Woodbury, 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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bradee Thompson
    Bradee Thompson
    (612) 355-0750
    Learn more
    Google sign-in failed. Please try again or use another login method.