Industrial Warehouse with Secured
For Sale
Contact for pricing
480 Kenny Rd, Saint Paul, MN 55130
Warehouse includes modular office, clear height, dock and drive-in doors, plus fully secured outdoor storage.
Property Size8,400 SF
Price / SF$185
Days on Market235
Property Features for 480 Kenny Rd
General Information
Standard status
Active
Size
8,400 SF
Property subtype
INDUSTRIAL
Listing Agency:
Colliers
(952) 897-7746
Listed By:
Ryan Krzmarzick
(952) 897-7746
Source:
Moodyscre
Added: Dec 8, 2025
Changed: Jul 26
Last Checked: Jul 30 at 10:03AM
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 Colliers
Investment Insights
Based on property information with market context.
Built in 1961, this 8,400-square-foot industrial building offers 7,900 square feet of warehouse space along with 500 square feet of modular office. The facility includes one restroom and a 13’ 8” clear height, supported by efficient loading with two 8’ x 8’ dock doors featuring bumpers, levelers, and seals, as well as four 12’ x 12’ drive-in doors (including one automatic). On-site outdoor storage totals approximately 5,500 square feet and is fully secured with a new fence and gate.
The property is situated for visibility to I-94, supporting branding opportunities with traffic counts of 108,000 vehicles per day.
With its combination of warehouse layout, functional loading configuration, and secured yard space, the building is well suited for day-to-day distribution and storage needs requiring both indoor and fenced outdoor capacity.
The property is situated for visibility to I-94, supporting branding opportunities with traffic counts of 108,000 vehicles per day.
With its combination of warehouse layout, functional loading configuration, and secured yard space, the building is well suited for day-to-day distribution and storage needs requiring both indoor and fenced outdoor capacity.
Key Highlights
- 8,400 SF industrial building built in 1961 with 7,900 SF warehouse and 500 SF modular office
- 13’ 8” clear height plus loading with two 8’ x 8’ dock doors (with bumpers, levelers, and seals)
- Four 12’ x 12’ drive‑in doors, including one automatic
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 | $136.1k | $16.20 |
| − Vacancy | −$5.7k | −$0.68 |
| EGI | $130.4k | $15.52 |
| − OpEx | −$19.6k | −$2.33 |
| NOI | $110.8k | $13.19 |
8,400 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.58M
$1.39M – $1.85M
NOI $110,810 @ 7.0% cap · market cap 7.13%
Second Best
Office B
$1.49M
$1.30M – $1.74M
NOI $104,196 @ 7.0% cap · market cap 6.71%
Theoretical Best
Healthcare Medical
$2.07M
$1.81M – $2.41M
NOI $144,698 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,740
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55130, MN
18,581
Population
6,368
Households
2.9
Avg Household Size
28
Median Age
21%
College-Educated
73%
High-School Grad
2.0 sq mi
ZIP Area
9,291
Density / Sq Mi
$53,281
Median Household Income
$36,740
Median Earnings
$1,151
Median Rent
$220,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse includes modular office, clear height, dock and drive-in doors, plus fully secured outdoor storage.
Where is this warehouse located?
The property is located at 480 Kenny Rd Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,554,000.
What are key features of this property?
This property features: 8,400 SF industrial building built in 1961 with 7,900 SF warehouse and 500 SF modular office; 13’ 8” clear height plus loading with two 8’ x 8’ dock doors (with bumpers, levelers, and seals); Four 12’ x 12’ drive‑in doors, including one automatic
