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    7500-7508 42 Ave N New Hope, MN

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    For Lease
    Contact for pricing

    Well-maintained office space on a main thoroughfare with abundant parking.

    Property size:
    1,200 SF
    Lot size:
    1.13 Acres

    Property Features for 7500-7508 42 Ave N

    General Information

    Size
    1,200 SF
    Lot size
    1.13 Acres

    Source: Upland Real Estate Group, Inc Agent Zachary Stensland

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

    Overview

    Office Space in New Hope

    This 1,200-square-foot office space is located on a main thoroughfare in New Hope. Situated on a hard, signalized corner, the well-maintained center offers abundant parking. The location provides a strong monument signage opportunity. Nearby retailers include Dunkin Donuts, McDonald’s, El Loro Mexican Restaurant, Life Time Fitness, Taco Johns, Hyvee, Applebee’s, Dollar Tree, and CSL Plasma.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

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

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    FAQs

    What type of property is this?
    Office space - Well-maintained office space on a main thoroughfare with abundant parking.
    Where is this office space located?
    The property is located at 7500-7508 42 Ave N New Hope, MN.
    What are key features of this property?
    This property features: - Located on a high-traffic Main thoroughfare in New Hope.; - Situated on a hard, signalized corner, offering **excellent visibility**.; - **Abundant parking available**.
    (612) 436-0745
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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
    7500-7508 42 Ave N New Hope, MN
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