Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    229 McCarrons Place W Roseville, MN 55113

    View on Map
    Claim this Listing
    Pending
    $124,900

    Lots & Land - Roseville, MN

    Lot size:
    0.10 Acres
    Added:
    Aug 22, 2025
    Days on Market:
    260
    Last Refresh:
    May 8 at 10:06 am

    Property Features for 229 McCarrons Place W

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential-Single Family
    Standard status
    Pending
    APN
    132923440047
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2258
    Expense value
    220
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Eric Ollestad

    Listing agent Eric Ollestad

    Listing office Keller Williams Classic Realty 1740 116th Avenue NW, Coon Rapids, MN

    Listing date Aug 22, 2025

    MLS# 6776847 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Open builder lot in a new development with 250 feet of shoreline on McCarrons Lake and a private dock.
    • Detached townhome offering main‑level living with lake views.
    • Convenient location near Minneapolis, St. Paul, and Rosedale Center.
    • Gourmet kitchens with custom range hoods and quartz countertops.
    • Spacious main‑floor owner’s suites with private baths, separate soaking tubs, and walk‑in closets.
    • Option to build from scratch or view existing finished homes for inspiration.

    Overview

    Residential Lot Near McCarrons Lake

    This residential lot is located in "The Enclave at McCarrons Lake" development in Roseville, Minnesota. The Villas on McCarrons Lake is a new construction development featuring 20 detached townhomes with 250 feet of shoreline on McCarrons Lake, including a private dock. The homes offer main-level living with lake views. The lot is conveniently located near Minneapolis, St. Paul, and Rosedale Center for shopping. The development emphasizes luxury and accessibility. The lot size is 0.0954 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Roseville
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1559
    Latitude
    45.0123

    Nearby Similar for Sale

    • $1,800,000

      Roseville Office Building For Sale

      15,000 SF office building in a central Roseville location.
      2015 Rice Street, Roseville, MN 55113
      View Details
    • $1,750

      Turn-Key Space in Roseville, MN

      865 SF turn-key suite ideal for personal and professional services.
      1961 Rice Street, Roseville, MN 55113
      View Details
    • $229,900

      Well-Maintained Office Condo in Roseville

      Office condo in Roseville with flexible layout and ample parking.
      2575 Hamline Avenue N, Roseville, MN 55113
      View Details
    • $410,000

      Commercial Lot on Rice Street

      Commercial land for sale on high-traffic Rice Street.
      1943 Rice Street, Roseville, MN 55113
      View Details
    • $3,690,000

      Roseville Church with Modern Amenities

      Well-maintained church with large seating capacity and modern upgrades.
      2651 Hamline Avenue N, Roseville, MN 55113
      View Details
    • $650,000

      Roseville Land Development Opportunity

      1.53-acre parcel primed for development in Roseville, Minnesota.
      Tbd Snelling Curve, Roseville, MN 55113
      View Details
    • $229,000

      Residential Lot in Quiet Cul-de-Sac

      Spacious Roseville lot backing up to Tamarack Park.
      1801 Western Avenue N, Roseville, MN 55113
      View Details
    • $275,000

      Wooded Land Overlooking Nature Center

      Private, wooded 0.79-acre lot in the heart of Roseville.
      0 County Road C W, Roseville, MN 55113
      View Details
    • $124,900

      Residential Lot in Roseville Enclave

      Open builder lot near McCarrons Lake with private dock access.
      221 McCarrons Place W, Roseville, MN 55113
      View Details
    • $325,000

      Residential Land in Ideal Location

      Wonderful lot with building possibilities in Roseville, Minnesota.
      1836 Hamline Avenue N, Roseville, MN 55113
      View Details
    • $199,900

      Residential Lot Overlooking Golf Course

      Corner lot to build your dream home near everything.
      2167 Eustis Street, Roseville, MN 55113
      View Details
    • $2,200,000
      8,766 SF

      Roseville Office and Flex Space

      8,766 SF building with office and flex space available.
      2597 Cleveland Ave N, Roseville, MN
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land for detached townhome construction near McCarrons Lake.
    Where is this residential land & home lot located?
    The property is located at 229 McCarrons Place W Roseville, MN.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: Open builder lot in a new development with **250 feet of shoreline on McCarrons Lake and a private dock.**; Detached townhome offering **main‑level living with lake views.**; Convenient location near Minneapolis, St. Paul, and Rosedale Center.
    (763) 746-4900
    We can help!
    Listing Contact
    Eric Ollestad
    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

    Thank You for Inquiry
    229 McCarrons Place W, Roseville, MN 55113
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!