430 Old Crystal Bay Rd N Orono, MN
Flex condos with in-floor heat, tall ceilings, and fire suppression.
- Added:
- Nov 25, 2025
- Days on Market:
- 229
- Last Refresh:
- May 20 at 8:34 pm
Property Features for 430 Old Crystal Bay Rd N
General Information
- Standard status
- Active
- Size
- 1,426 SF
- Lot size
- 4.89 Acres
- Property subtype
- SPECIALTY
Listing office Edina Realty Inc - Minneapolis (612) 926-9999
Listing date Nov 25, 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 Edina Realty Inc - Minneapolis
Investment Insights
Based on property information with market context.
Key Highlights
- Up to 26' ceilings create a spacious environment
- 14' industrial overhead door with windows provides ample natural light and access
- Full fire suppression sprinkler system ensures safety
Local Financial Insights For Warehouse
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 | $23.1k | $16.20 |
| − Vacancy | −$970 | −$0.68 |
| EGI | $22.1k | $15.52 |
| − OpEx | −$3.3k | −$2.33 |
| NOI | $18.8k | $13.19 |
