Industrial Warehouse with
692 Glendale St, St Paul, MN 55114
For Sale
Contact for pricing
Pending
Industrial building offering a large, column-free warehouse with a small office and added mezzanine and basement storage.
Property Size5,150 SF
Lot Size0.15 Acres
Days on Market669
Property Features for 692 Glendale St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Heavy Power
Amenities
trench drains
flammable waste trap
makeup air
Listing Agency:
Element, Inc
(612) 436-8200
Listed By:
Aaron Meyers
(612) 405-4740
Source:
Moodyscre
Added: Jan 10, 2025
Changed: Nov 6
Last Checked: Nov 8 at 8:11AM
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 Element, Inc
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Investment Insights
Based on property information with market context.
This industrial building includes a large, column-free open warehouse area with a small office space, plus additional mezzanine and basement storage. The space is equipped with trench drains and a flammable waste trap, along with makeup air and a 1,200 Amp, 480-volt, 3-phase electrical service.
The property is situated on a 0.15-acre lot near the I-94/Highway 280 interchange, providing convenient highway access for day-to-day operations.
Designed for practical use, the layout combines a primary warehouse area with office space and supplementary storage to support a range of industrial workflows.
The property is situated on a 0.15-acre lot near the I-94/Highway 280 interchange, providing convenient highway access for day-to-day operations.
Designed for practical use, the layout combines a primary warehouse area with office space and supplementary storage to support a range of industrial workflows.
Key Highlights
- 5,150 SF industrial building with large open warehouse plus small office space
- Approximately 4,950 SF column‑free warehouse area for flexible layout and operations
- About 200 SF office space included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,937
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,358,740
$1.4M
Cap Rate 7%
$970,529
$970.5K
Cap Rate 9%
$754,856
$754.9K
Market Conditions
NOI Build-Up for 5,150 SF
Gross rent
$83.4K $16.20/SF
− Vacancy
−$3.5K −$0.68/SF
EGI
$79.9K $15.52/SF
− OpEx
−$12.0K −$2.33/SF
NOI
$67.9K $13.19/SF
Area
Ramsey County, MN
Vacancy
4.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,358,740
Cap Rate 7%
$970,529
Cap Rate 9%
$754,856
Alternative Uses
Best Use
Warehouse
$970.5K
$849.2K – $1.13M
NOI $67,937 @ 7.0% cap · market cap 7.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,008 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,963
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55114, MN
5,012
Population
2,806
Households
1.8
Avg Household Size
29
Median Age
67%
College-Educated
96%
High-School Grad
1.3 sq mi
ZIP Area
3,855
Density / Sq Mi
$65,236
Median Household Income
$52,738
Median Earnings
$1,588
Median Rent
$296,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Ramsey County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- US Storage Centers — 606 Vandalia St, St Paul, MN 55114
- Public Storage — 2516 Wabash Ave, St Paul, MN 55114
- All American Self-Storage — 670 Pelham Blvd, St Paul, MN 55114
- Extra Space Storage — 631 Transfer Rd, St Paul, MN 55114
- North Star Mini Storage — Specialty Building, 2356 University Ave W, St Paul, MN 55114
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building offering a large, column-free warehouse with a small office and added mezzanine and basement storage.
Where is this warehouse located?
The property is located at 692 Glendale St St Paul, MN.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 5,150 SF industrial building with large open warehouse plus small office space; Approximately 4,950 SF column‑free warehouse area for flexible layout and operations; About 200 SF office space included
