3860 Labore Rd, Vadnais Heights, MN
Well-maintained warehouse with expansion and outside storage potential.
- Added:
- Apr 14, 2025
- Days on Market:
- 440
- Last Refresh:
- May 19 at 9:37 pm
Property Features for 3860 Labore Rd
General Information
- Standard status
- Active
- Size
- 4,637 SF
- Lot size
- 0.95 Acres
- Property subtype
- INDUSTRIAL
Listing office JLL (952) 270-6792
Listing date Apr 14, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of JLL
HighLights
- Excellent access to Hwy 35E, Hwy 61 and Cty Rd E
- Meticulously maintained property
- Ability to expand building
- Potential for outside storage/secured parking
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.1k | $16.20 |
| − Vacancy | −$3.2k | −$0.68 |
| EGI | $72.0k | $15.52 |
| − OpEx | −$10.8k | −$2.33 |
| NOI | $61.2k | $13.19 |
Alternative Uses
Current Use by Public Records
Map
- City
- Vadnais Heights
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.0738
- Latitude
- 45.0575
