Plymouth Industrial Flex Space
2730 Niagara Lane North, Plymouth, MN 55447
13,100 SF flex building with office and warehouse space.
Type:Industrial
Property size:
13,100 SFLot size:
1.00 AcrePrice / SF:
$175/SF- Added:
- Mar 25, 2026
- Days on Market:
- 59
- Last Refresh:
- Mar 18 at 8:36 am
Property Features for 2730 Niagara Lane North
General Information
- Standard status
- Active
- Size
- 13,100 SF
- Lot size
- 1.00 Acre
- Property subtype
- Industrial
Listing agent Rick Graf
Listing office
Listing date Mar 25, 2026
Source Cbre
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 Rick Graf
HighLights
- 8,500 SF Warehouse space
- Benefit from 4,600 SF Office space on two levels
- Oversize Dock and Dock for easy loading
- Heavy Power: 440V/800 amp/3 phase
- Sprinkling system
- I‑2 General Industrial Zoning
Overview
This 13,100 square foot building features 4,600 square feet of office space across two levels and 8,500 square feet of warehouse space. Constructed in 1979, the building has a block exterior and is zoned I-2 General Industrial. The warehouse area has a clear height of 16 feet and includes an oversize dock. The building is equipped with a sprinkling system and utilizes forced head and radiant tube heaters in the shop area. Power is supplied by a 440V/800 amp/3 phase electrical system. The property includes over 20 parking spaces and is situated on one acre of land. Taxes are $39,908, which equates to $3.04 per square foot.
Financial Insights
Value Estimation Calculated for Warehouse
Conservative
$1.92M
NOI $172,811 @ 9.00% cap · cautious / downside scenario
Moderate
$2.47M
NOI $172,811 @ 7.00% cap · market / base-case scenario
Aggressive
$3.46M
NOI $172,811 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Warehouse
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.2k | $16.20 |
| − Vacancy | −$8.9k | −$0.68 |
| EGI | $203.3k | $15.52 |
| − OpEx | −$30.5k | −$2.33 |
| NOI | $172.8k | $13.19 |
13,100 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Use Scenarios
Best Use
Warehouse
$2.47M
$2.16M – $2.88M
NOI $172,811 @ 7.0% cap · market cap 7.51%
Second Best
Office B
$2.22M
$1.94M – $2.59M
NOI $155,561 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$3.13M
$2.73M – $3.65M
NOI $218,777 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Plymouth
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.4709607
- Latitude
- 45.0104486
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 13,100 SF flex building with office and warehouse space.
Where is this flex space located?
The property is located at 2730 Niagara Lane North Plymouth, MN.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 8,500 SF Warehouse space; Benefit from 4,600 SF Office space on two levels; Oversize Dock and Dock for easy loading
