Renovated Manufacturing
2525 Nevada Avenue N, Golden Valley, MN 55427
For Sale
$450,000
Commercial Sale, Golden Valley, MN
Property Size2,400 SF
Lot Size5.28 Acres
Price / SF$187.50
Days on Market54
Property Features for 2525 Nevada Avenue N
General Information
Property type
Property subtype
Zoning description
Appliances
Subdivision
High school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
community bathrooms
community conference rooms
Building Details
Year built
Listing Agency:
RE/MAX Advantage Plus · RE/MAX International
Listed By:
Mark P. Abdel
(952) 226-7700
Added: Sep 17
Changed: Oct 13
Last Checked: Nov 9 at 6:06AM
MLS# 7146174
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.
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Investment Insights
Based on property information with market context.
Located at 2525 Nevada Avenue N in Golden Valley, this light-industrial manufacturing property provides approximately 2,400 square feet arranged for production and business operations. The interior includes approximately 1,800 square feet of warehouse and manufacturing area alongside 600 square feet of office, reception, and kitchen space. The property was renovated in 2024 with a new sprinkler system, HVAC, 3-phase power, and double clear-coat epoxy flooring.
High ceilings and one loading dock support shipping, receiving, and equipment handling. The space is currently used for CNC and light manufacturing and is zoned for light industrial manufacturing. Shared amenities include access to four community bathrooms and two community conference rooms. The property is located in Golden Valley, MN, within Hennepin County.
High ceilings and one loading dock support shipping, receiving, and equipment handling. The space is currently used for CNC and light manufacturing and is zoned for light industrial manufacturing. Shared amenities include access to four community bathrooms and two community conference rooms. The property is located in Golden Valley, MN, within Hennepin County.
Key Highlights
- Approximately 2,400 square feet with 1,800 square feet of warehouse/manufacturing area and 600 square feet of office space
- Renovated in 2024 with new sprinkler system, HVAC, 3‑phase power, and double clear‑coat epoxy flooring
- Zoned for light industrial manufacturing and currently used for CNC and light manufacturing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,660
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,200
$633.2K
Cap Rate 7%
$452,286
$452.3K
Cap Rate 9%
$351,778
$351.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$38.9K $16.20/SF
− Vacancy
−$1.6K −$0.68/SF
EGI
$37.2K $15.52/SF
− OpEx
−$5.6K −$2.33/SF
NOI
$31.7K $13.19/SF
Area
Hennepin County, MN
Vacancy
4.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,200
Cap Rate 7%
$452,286
Cap Rate 9%
$351,778
Alternative Uses
Best Use
Warehouse
$452.3K
$395.8K – $527.7K
NOI $31,660 @ 7.0% cap · market cap 7.04%
Second Best
Industrial
$372.5K
$325.9K – $434.6K
NOI $26,073 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$572.6K
$501.0K – $668.0K
NOI $40,081 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Dock-high doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
Business Placement
Demographics for 55427, MN
24,353
Population
10,788
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
95%
High-School Grad
7.2 sq mi
ZIP Area
3,382
Density / Sq Mi
$92,013
Median Household Income
$53,808
Median Earnings
$1,443
Median Rent
$341,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Manufacturing properties in Hennepin County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Updated light-industrial space combines production capacity with dedicated office, reception, and kitchen areas.
Where is this manufacturing property located?
The property is located at 2525 Nevada Avenue N Golden Valley, MN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 2,400 square feet with 1,800 square feet of warehouse/manufacturing area and 600 square feet of office space; Renovated in 2024 with new sprinkler system, HVAC, 3‑phase power, and double clear‑coat epoxy flooring; Zoned for light industrial manufacturing and currently used for CNC and light manufacturing
