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    3987 Rice St Shoreview, MN

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    For Lease
    Contact for pricing

    Neighborhood convenience center with high visibility and easy access.

    Property size:
    8,000 SF
    Lot size:
    2.21 Acres

    Property Features for 3987 Rice St

    General Information

    Size
    8,000 SF
    Lot size
    2.21 Acres

    Source: Atlas Commercial Real Estate Agent James E Larson

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

    Overview

    Retail Space in Shoreview Center

    This retail space is located in a neighborhood convenience center in Shoreview, Minnesota, at the intersection of Rice Street and Hodgson Road. The location is approximately midway between I-694 and Highway 96, offering convenient access. The property benefits from great storefront visibility from Rice Street. The average household income within a 3-mile radius exceeds $120,000.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Shoreview
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1471667
    Latitude
    45.0791325

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    FAQs

    What type of property is this?
    Strip mall - Neighborhood convenience center with high visibility and easy access.
    Where is this strip mall located?
    The property is located at 3987 Rice St Shoreview, MN.
    What are key features of this property?
    This property features: - Great storefront visibility from Rice Street; - Easy access; - Located in Shoreview at the intersection of Rice Street and Hodgson Road
    (952) 837-8637
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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
    3987 Rice St Shoreview, MN
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