2611 Hamline Ave N, Roseville, MN
Flex/Industrial property with income potential in Roseville, Minnesota.
- Added:
- Sep 9, 2025
- Days on Market:
- 277
- Last Refresh:
- May 20 at 9:37 pm
Property Features for 2611 Hamline Ave N
General Information
- Standard status
- Active
- Size
- 21,978 SF
- Lot size
- 1.75 Acres
- Property subtype
- FLEX_R_AND_D
Listing agent JP Maloney (612) 791-1171
Listing office CBRE - Minnesota (952) 924-4600
Listing date Sep 9, 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 CBRE - Minnesota
HighLights
- High‑quality property suitable for owner‑occupants or investors.
- Income in place via partial seller leaseback.
- Flexible zoning allows for diverse uses (office, retail, daycare, etc.).
- Great proximity to Rosedale trade area.
- Close to retail, hotel, and restaurant amenities.
- Showroom potential.
Overview
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 | $356.0k | $16.20 |
| − Vacancy | −$15.0k | −$0.68 |
| EGI | $341.1k | $15.52 |
| − OpEx | −$102.3k | −$4.66 |
| NOI | $238.8k | $10.86 |
Alternative Uses
Current Use by Public Records
Map
- City
- Roseville
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1566
- Latitude
- 45.0061