Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    440 Park Ct Lino Lakes, MN 55014

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New construction industrial/commercial space for lease in Lino Lakes, MN.

    Type:INDUSTRIAL
    Property size:
    1,014 SF
    Lot size:
    5.75 Acres
    Added:
    Oct 17, 2024
    Days on Market:
    561
    Last Refresh:
    Apr 5 at 8:15 pm

    Property Features for 440 Park Ct

    General Information

    Standard status
    Active
    Size
    1,014 SF
    Lot size
    5.75 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 440 Park Ct Contact us

    We can help!

    Listing Contact
    Brian Netz
    Brian Netz

    Listing agent Brian Netz

    Listing office Newmark

    Listing date Oct 17, 2024

    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 Newmark

    Overview

    Lino Lakes New Construction Space

    Located in Lino Lakes, the Lino Lakes Tech Center offers space suitable for industrial or commercial use. The property is currently under construction and available for lease. Each bay features a 10’ x 10’ drive-in door and a dedicated entrance. The building provides a 16’ clear height. Tenant is responsible for heat and electric expenses. An additional 19,881 square feet of indoor self-storage space is available. The property has a size of 1014 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lino Lakes Storage Storage Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lino Lakes
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1193
    Latitude
    45.1726

    Nearby Similar for Lease

    • Contact for pricing

      Retail Building with Drive-Thru

      6,150 SF retail building with long-term tenant and vacancy.
      6501-6511 Ware Road, Lino Lakes, MN
      View Details
    • $12 SF/Yr

      Retail Space with Ample Parking

      Retail space available for immediate occupancy with signage opportunities.
      6511 Ware Rd, Lino Lakes, MN
      View Details
    • $6 SF/Yr

      Lino Lakes Industrial Property

      Industrial property available for lease in Lino Lakes, Minnesota.
      I-35E & County Rd 14, Lino Lakes, MN 55038
      View Details
    • Contact for pricing

      Retail Space in Lino Lakes

      Retail space available in a lively, high-traffic Lino Lakes development.
      701-717 Apollo Dr, Lino Lakes, MN
      View Details
    • Contact for pricing

      Lino Lakes Tech Center Space

      New construction flex and industrial space in Lino Lakes.
      440 Park court, Lino Lakes, MN 55014
      View Details
    • Contact for pricing

      New Retail Space with Drive-Thru

      New construction retail space with drive-thru in growing community.
      Main St & Otter Dr, Lino Lakes, MN
      View Details
    • Contact for pricing

      Retail Property in Lino Lakes

      Retail property in Lino Lakes, MN. Currently 100% leased.
      7525 Village Dr, Lino Lakes, MN
      View Details

    FAQs

    What type of property is this?
    Specialty property - New construction industrial/commercial space for lease in Lino Lakes, MN.
    Where is this specialty property located?
    The property is located at 440 Park Ct Lino Lakes, MN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: New Construction: Modern space ready for customization.; Ideal for Industrial or Commercial Use: Versatile space suitable for various businesses.; Each Bay has a Dedicated Entrance: Provides privacy and independent access.
    (612) 840-4443 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Netz
    Brian Netz
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!