Commercial Land with Retail
For Sale
Contact for pricing
551 87th Ln NE, Blaine, MN 55434
Infill commercial site with an existing retail building, dock-high loading, and access from County Road 10 and University Ave.
Property Size65,697 SF
Price / SF$64.69
Days on Market145
Property Features for 551 87th Ln NE
General Information
Standard status
Active
Size
65,697 SF
Property subtype
Retail
Investment Type
Owner/User
Building Details
Year Built
1990
Buildings
1
Stories
1
Units
1
Listing Agency:
Coldwell Banker Realty Minneapolis Lakes
(612) 920-5605
Listed By:
Haythem Khalil · License #40376359
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 31 at 11:42PM
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 Lakes
Investment Insights
Based on property information with market context.
This 6.21-acre commercial land asset includes an existing 65,697-square-foot former retail building constructed in 1990. The structure provides 20-foot clearance and three dock-high dock doors, supporting a range of commercial configurations or future site planning.
The property is located at 551 87th Ln NE in Blaine, with access from County Road 10 and University Ave. More than 200,000 people are within a 5-mile radius, and the surrounding retail environment includes Target, Home Depot, Walmart, and Sam’s Club.
The property is located at 551 87th Ln NE in Blaine, with access from County Road 10 and University Ave. More than 200,000 people are within a 5-mile radius, and the surrounding retail environment includes Target, Home Depot, Walmart, and Sam’s Club.
Key Highlights
- 6.21‑acre infill commercial site
- Existing 65,697 SF former retail building
- 20ft clearance and 3 dock high dock doors
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
644
Businesses Nearby
268k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 26%
Shops & Services 24%
Apparel 17%
Groceries 13%
Burlington
Apparel
44,318 visits/mo
0.3 miles
Cub Foods
Groceries
33,870 visits/mo
0.3 miles
Barnes & Noble
Shops & Services
23,285 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
23,062 visits/mo
0.4 miles
Dollar Tree
Shops & Services
19,589 visits/mo
0.1 miles
Demographics for 55434, MN
31,776
Population
12,221
Households
2.6
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
8.9 sq mi
ZIP Area
3,570
Density / Sq Mi
$88,163
Median Household Income
$45,682
Median Earnings
$1,703
Median Rent
$269,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Infill commercial site with an existing retail building, dock-high loading, and access from County Road 10 and University Ave.
Where is this commercial land located?
The property is located at 551 87th Ln NE Blaine, MN.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 6.21‑acre infill commercial site; Existing 65,697 SF former retail building; 20ft clearance and 3 dock high dock doors
