Industrial Building with Outdoor Storage

3005 Niagara Ln N Plymouth, MN 55447

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Industrial building with ample loading, yard, and flexible zoning.

Type:INDUSTRIAL
Property size:
29,400 SF
Price / SF:
$158/SF
Added:
May 19, 2026
Days on Market:
55
Last Refresh:
Jun 29 at 7:36 am

Property Features for 3005 Niagara Ln N

General Information

Standard status
Active
Size
29,400 SF
Property subtype
INDUSTRIAL

Listing office CBRE - Minnesota

Listing date May 19, 2026

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


Investment Insights

Based on property information with market context.

This industrial building offers a rare opportunity with outdoor storage capabilities. The property features ample loading areas and a spacious yard. Its location provides visibility from Highway 55, ensuring easy access to major thoroughfares. The flexible zoning accommodates a number of different uses. On-site parking is plentiful, and there are signage opportunities available. The building has a size of 29400 square feet.

Key Highlights

  • Prime location with visibility off Hwy 55 and easy access to major thoroughfares.
  • Hard to find industrial building with outdoor storage.
  • Ample loading and yard space.

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 $476.3k $16.20
− Vacancy −$20.0k −$0.68
EGI $456.3k $15.52
− OpEx −$136.9k −$4.66
NOI $319.4k $10.86
29,400 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Industrial
$4.56M
$3.99M – $5.32M (±1% cap)
NOI $319,393 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.01M
$6.14M – $8.18M (±1% cap)
NOI $490,996 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hair Salon Storage Facility Florist Electrical Service

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

FAQs

What type of property is this?
Industrial property - Industrial building with ample loading, yard, and flexible zoning.
Where is this industrial property located?
The property is located at 3005 Niagara Ln N Plymouth, MN.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Prime location with visibility off Hwy 55 and easy access to major thoroughfares.; Hard to find industrial building with outdoor storage.; Ample loading and yard space.
Contact an agent
(952) 924-4600 Call to check price and availability
More about this property
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