Warehouse Property for
12375 Zinran Ave Savage, MN 55378
For Sale
Contact for pricing
Warehouse property for sale at 12375 Zinran Ave in Savage, MN, totaling 8,560 square feet.
Property Size8,560 SF
Price / SF$172.31
Days on Market73
Property Features for 12375 Zinran Ave
General Information
Standard status
Active
Size
8,560 SF
Property subtype
Industrial
Building Details
Year Built
1994
Listing Agency:
Matthews
(612) 385-0688
Listed By:
Kyle Korkowski · License #41007202
Source:
Crexi
Added: May 18
Changed: Jul 22
Last Checked: Jul 28 at 10:31AM
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 Matthews
Investment Insights
Based on property information with market context.
This warehouse property is offered for sale at 12375 Zinran Ave in Savage, Minnesota, with a total size of 8,560 square feet.
Savage’s industrial market is described as steady and reliable within the Twin Cities region, supported by strong connectivity to major transportation corridors. The area also benefits from access to key infrastructure, including highways and rail, which supports efficient movement of goods and services for logistics, warehousing, and light manufacturing users.
As reflected in continued market interest for well-located industrial space, accessibility and operational flexibility are central considerations for tenants and buyers in this part of the metro. This property presents a straightforward option within an active industrial demand environment.
Savage’s industrial market is described as steady and reliable within the Twin Cities region, supported by strong connectivity to major transportation corridors. The area also benefits from access to key infrastructure, including highways and rail, which supports efficient movement of goods and services for logistics, warehousing, and light manufacturing users.
As reflected in continued market interest for well-located industrial space, accessibility and operational flexibility are central considerations for tenants and buyers in this part of the metro. This property presents a straightforward option within an active industrial demand environment.
Key Highlights
- Warehouse for sale at 12375 Zinran Ave in Savage, MN
- Total building size: 8,560 SF
- Year built: 1994
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 | $138.7k | $16.20 |
| − Vacancy | −$5.8k | −$0.68 |
| EGI | $132.8k | $15.52 |
| − OpEx | −$19.9k | −$2.33 |
| NOI | $112.9k | $13.19 |
8,560 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.61M
$1.41M – $1.88M
NOI $112,921 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M
NOI $142,957 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Public Storage — 7801 128th St W, Savage, MN 55378
- Tuff Shed Minneapolis — 8841 County Rd 101, Savage, MN 55378
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property for sale at 12375 Zinran Ave in Savage, MN, totaling 8,560 square feet.
Where is this warehouse located?
The property is located at 12375 Zinran Ave Savage, MN.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Warehouse for sale at 12375 Zinran Ave in Savage, MN; Total building size: 8,560 SF; Year built: 1994
