Blaine Warehouse with Outdoor
1512 92nd Ln NE Blaine, MN
1512 92nd Ln NE, Blaine, MN, 00000
Contact for pricing
For Sale
Contact for pricing
8,500 SF warehouse on 1 acre lot with outdoor storage.
Property Size8,500 SF
Lot Size0.99 Acres
Price / SF$135.29
Days on Market259
Property Features for 1512 92nd Ln NE
General Information
- Standard status
- Active
- Size
- 8,500 SF
- Lot size
- 0.99 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
JLL
(952) 270-6792
Listed by
Kyle Rafshol · License #40514752
(952) 270-6792
Source
Moodyscre
Added: Nov 4, 2025 Updated: Jul 6 at 9:38 am Checked: Jul 19 at 5:15 am
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
Investment Insights
Based on property information with market context.
This warehouse/industrial property, constructed in 1985, offers approximately 8,500 square feet of space, including around 795 square feet of office area and 7,705 square feet of warehouse space, situated on a 1.0-acre lot. The warehouse features a 15-foot clear height, LED lighting, and is equipped with two 8’ x 10’ dock doors and three 14’ x 12’ drive-in doors. The property has 3-phase power, 600 amps, 480 volt (to be verified). There are 12 parking spaces available in a newer parking lot. Outdoor storage is available as a conditional use. It is zoned I-1: Light industrial.
Key Highlights
- 7,705 SF of Warehouse Space
- 3‑Phase, 600 Amps, 480 Volt Power Supply (to be verified)
- Multiple Loading Doors: two dock doors and three drive‑in doors
Local Financial Insights For Industrial
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 | $137.7k | $16.20 |
| − Vacancy | −$5.8k | −$0.68 |
| EGI | $131.9k | $15.52 |
| − OpEx | −$39.6k | −$4.66 |
| NOI | $92.3k | $10.86 |
8,500 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.60M
$1.40M – $1.87M
NOI $112,129 @ 7.0% cap · market cap 9.75%
Second Best
Industrial
$1.32M
$1.15M – $1.54M
NOI $92,342 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$2.36M
$2.07M – $2.75M
NOI $165,273 @ 7.0% cap · market cap 14.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Metro Self Storage - Blaine — 9992 Baltimore St NE, Blaine, MN 55449
FAQs
What type of property is this?
Warehouse - 8,500 SF warehouse on 1 acre lot with outdoor storage.
Where is this warehouse located?
The property is located at 1512 92nd Ln NE Blaine, MN.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 7,705 SF of Warehouse Space; 3‑Phase, 600 Amps, 480 Volt Power Supply (to be verified); Multiple Loading Doors: two dock doors and three drive‑in doors
