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

    15510 101st Ave N Maple Grove, MN

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

    Land with easy access to Highway 610 and I-94.

    Type:LAND
    Lot size:
    7.82 Acres
    Added:
    Feb 18, 2018
    Days on Market:
    2986
    Last Refresh:
    Apr 5 at 8:40 pm

    Property Features for 15510 101st Ave N

    General Information

    Standard status
    Active
    Lot size
    7.82 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Ben Drew

    Listing agent Ben Drew

    Listing office Cushman & Wakefield

    Listing date Feb 18, 2018

    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 Cushman & Wakefield

    Overview

    Commercial Land Near Highway 610

    This commercial land parcel offers convenient access to the newly expanded Highway 610 and I-94. Situated near a Super Target-anchored retail center across Highway 610, the property allows for a wide variety of uses, including retail, business service, medical, and office applications.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Maple Grove
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4775
    Latitude
    45.1382

    Nearby Similar for Sale

    • $349,999

      Fish Lake Homesite Opportunity

      Rare opportunity to build on recreational Fish Lake.
      8123 Maple Lane N, Maple Grove, MN 55311
      View Details
    • $2,450,000

      Maple Grove Development Opportunity

      Nearly 8 acres of land in Maple Grove.
      9449 Lawndale Lane N, Maple Grove, MN 55311
      View Details
    • $325,000

      Buildable Land in Maple Grove

      1.27 acres of buildable land in a desirable location.
      7200 Comstock Lane N, Maple Grove, MN 55311
      View Details
    • $1,635,000
      4,600 SF

      Maple Grove Snap Fitness Investment

      Single-tenant net-leased fitness franchise in Maple Grove, Minnesota.
      9475 Garland Lane North | Maple Grove, MN 55311
      View Details
    • $12,105,000

      Hobby Lobby Anchored Retail Center

      98% occupied retail center in Maple Grove, Minnesota.
      9450 Dunkirk Lane | Maple Grove, MN 55311
      View Details
    • Contact for pricing

      Renovated Shopping Center Near I-494

      Newly renovated shopping center in dynamic Maple Grove retail area.
      6336 Vinewood Lane | Maple Grove, MN 55311
      View Details
    • Contact for pricing

      Retail Space Near Major Retailers

      Retail space available in Maple Grove near major retailers.
      9507-9530 Black Oaks Lane N. | Maple Grove, MN 55446
      View Details
    • $1,400,000
      8,500 SF

      Maple Grove Freestanding Industrial Building

      Freestanding industrial building in Maple Grove, Minnesota, for sale.
      9781 86th Ave N, Maple Grove, MN
      View Details
    • $2,500,000

      Maple Grove Development Opportunity

      Rare 8-acre commercial development site in Maple Grove.
      9435-9449 Lawndale Ln N, Maple Grove, MN
      View Details
    • Contact for pricing

      Maple Grove Commercial Land Available

      Commercial land for sale in Maple Grove, Minnesota.
      13995 Maple Knoll Way, Maple Grove, MN, 55369
      View Details
    • Contact for pricing

      Retail Space in Arbor Lakes

      Retail space in a popular Northwest Metro shopping district.
      7876-7899 Main Street | Maple Grove, MN 55369
      View Details
    • Contact for pricing

      Retail Space in Elm Creek

      Located in Maple Grove's Arbor Lakes area.
      12725 Elm Creek Blvd | Maple Grove, MN 55369
      View Details

    FAQs

    What type of property is this?
    Land - Land with easy access to Highway 610 and I-94.
    Where is this land located?
    The property is located at 15510 101st Ave N Maple Grove, MN.
    What are key features of this property?
    This property features: Easy access to newly‑expanded Highway 610 & I‑94; Super Target‑Anchored Retail Center across Highway 610; Wide variety of allowed uses
    (952) 210-4637 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ben Drew
    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!