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    2500 Cleveland Ave N Roseville, MN

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    For Lease
    Contact for pricing

    3,200 sq ft multi-tenant space with drive-in doors.

    Type:INDUSTRIAL
    Property size:
    3,200 SF
    Lot size:
    2.93 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    129
    Last Refresh:
    Apr 1 at 9:24 pm

    Property Features for 2500 Cleveland Ave N

    General Information

    Standard status
    Active
    Size
    3,200 SF
    Lot size
    2.93 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 2500 Cleveland Ave N Contact us

    We can help!

    Listing Contact
    Royce Durhman, CCIM
    Royce Durhman, CCIM

    Listing agent Royce Durhman, CCIM

    Listing office KW Commercial - Minnetonka

    Listing date Nov 25, 2025

    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 KW Commercial - Minnetonka

    Overview

    Roseville Industrial/Retail Space Available

    A 3,200 sq. ft. space is available for lease in a multi-tenant industrial/retail building. The property features two drive-in doors (14' high x 12' wide) and 200 amp service. The warehouse is heated. Pylon signage provides visibility to I-35W. The space is suitable for industrial or retail use. The location offers convenient access to 35W, Hwy. 280, and Hwy 36. Local amenities are readily accessible at the nearby Rosedale Shopping Center. Current co-tenants include Goodwill, Safelite Auto, Fairbanks Scales, and Bath Fitters.
    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

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Dental Office Spa & Massage Center Hotel & Motel Gym & Fitness Center

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

    Similar Places Nearby

    • Extra Space Storage — 1750 MN-36, Roseville, MN 55113
    • Extra Space Storage — 2500 Prior Ave N, Roseville, MN 55113
    • Closetbox — 2480 Long Lake Rd, Roseville, MN 55113
    • Self Storage Units — 2439 Fairview Ave N, Roseville, MN 55113
    • North American Van Lines — 2480 Long Lake Rd #100, Roseville, MN 55113

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1566
    Latitude
    45.0061

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    FAQs

    What type of property is this?
    Warehouse - 3,200 sq ft multi-tenant space with drive-in doors.
    Where is this warehouse located?
    The property is located at 2500 Cleveland Ave N Roseville, MN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Pylon signage visible to I‑35W.; Easy access to 35W, Hwy. 280, and Hwy 36.; Great local amenities seconds away at the Rosedale Shopping Center.
    (651) 492-2201 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Royce Durhman, CCIM
    Royce Durhman, CCIM
    Learn More
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    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
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