Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Industrial Space in St. Anthony Title is generated by Realmo AI

    2851 Anthony Ln S, St Anthony, MN

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Well-maintained 3,435 SF flex space near Minneapolis.

    Type:INDUSTRIAL
    Property size:
    3,435 SF
    Lot size:
    0.75 Acres
    Added:
    Aug 13, 2025
    Days on Market:
    288
    Last Refresh:
    May 19 at 10:32 pm

    Property Features for 2851 Anthony Ln S

    General Information

    Standard status
    Active
    Size
    3,435 SF
    Lot size
    0.75 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 2851 Anthony Ln S Contact us

    We can help!

    Listing Contact
    Anders Priley
    Anders Priley

    Listing agent Anders Priley

    Listing office Coldwell Banker Realty - Minneapolis

    Listing date Aug 13, 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 Coldwell Banker Realty - Minneapolis

    HighLights

    • Prime location minutes from downtown Minneapolis with easy highway access.
    • Modern building built in 2019 with 3,435 SF of space.
    • 18‑foot clear height ceilings.
    • Suitable for warehouse, distribution, light manufacturing, or creative production.
    • One drive‑in door.
    • Possibility to add a mezzanine.

    Overview

    This well-maintained 3,435 SF light industrial property, constructed in 2019, is strategically located minutes from downtown Minneapolis with easy access to major highways. It offers flexibility, visibility, and convenience. The building features 18-foot clear height ceilings and one drive-in door. The modern layout is suitable for a variety of industrial or flex uses, including warehouse, distribution, light manufacturing, or creative production. The possibility to add a mezzanine is available for the space. This property is located in a growing and central St. Anthony location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Picnics Plus — 2850 Anthony Ln S, St Anthony, MN 55418
    • Atikis Minnesota Aviation Catering — 2850 Anthony Ln S, Minneapolis, MN 55418
    • Professional Foodservice — 2850 Anthony Ln S, Minneapolis, MN 55418
    • Mintahoe Catering & Events — 2850 Anthony Ln S, Minneapolis, MN 55418

    Location Insight

    • Map
    • Local Demand
    City
    St Anthony
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2107
    Latitude
    45.0188

    Nearby Similar for Lease

    • $25 SF/Yr
      182 SF

      Single Office in Professional Suite

      Private office in updated building near downtown Minneapolis.
      2855 Anthony Ln S, St Anthony, MN
      View Details
    • Contact for pricing
      1,606 SF

      St. Anthony Retail/Medical/Office Space

      Mixed-use retail, medical, and residential destination in St. Anthony.
      2600 39th Ave NE, St Anthony, MN 55421
      View Details
    • Contact for pricing
      15,300 SF

      St. Anthony Warehouse Space

      Warehouse space in St. Anthony near major transportation routes.
      2845 Anthony Ln S, St Anthony, MN
      View Details
    • Contact for pricing
      12,212 SF

      Retail Space in St Anthony

      Anchor space available in a strong neighborhood center.
      2900-2922 Pentagon Dr, St Anthony, MN
      View Details

    FAQs

    What type of property is this?
    Flex space - Well-maintained 3,435 SF flex space near Minneapolis.
    Where is this flex space located?
    The property is located at 2851 Anthony Ln S St Anthony, MN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Prime location minutes from downtown Minneapolis with easy highway access.; Modern building built in 2019 with 3,435 SF of space.; 18‑foot clear height ceilings.
    (612) 924-7106 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Anders Priley
    Anders Priley
    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
    2851 Anthony Ln S, St Anthony, MN
    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!