Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6957 NW Hwy 10 Ramsey, MN

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $27 SF/Yr

    Office suites available from 188 SF to 475 SF.

    Type:OFFICE
    Property size:
    475 SF
    Lot size:
    1.04 Acres
    Added:
    Oct 16, 2024
    Days on Market:
    533
    Last Refresh:
    Mar 30 at 10:34 pm

    Property Features for 6957 NW Hwy 10

    General Information

    Standard status
    Active
    Size
    475 SF
    Lot size
    1.04 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 6957 NW Hwy 10 Contact us

    We can help!

    Listing Contact
    Michael Fisher

    Listing agent Michael Fisher

    Listing office Premier Commercial Properties

    Listing date Oct 16, 2024

    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 Premier Commercial Properties

    Overview

    Office Suites For Rent

    Office suites are available for rent, ranging in size from 188 to 475 rentable square feet. The property provides ample parking. Rent includes utilities. Signage is available facing Highway 10. The property benefits from onsite ownership. All spaces feature new carpet and paint. The building is accessible 24 hours a day, 7 days a week. The building has been recently updated. Month-to-month leases are permitted, with an additional charge of $50 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Building Supply Spa & Massage Center Big Box & Wholesale Store Garden Center Daycare Center Computer & Electronic Repair Plumbing Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ramsey
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.4325
    Latitude
    45.2924

    Nearby Similar for Lease

    • Contact for pricing

      Ramsey Warehouse/Flex Space Available

      Warehouse and flex spaces available in Ramsey, Minnesota.
      14310 Sunfish Lake Blvd NW, Ramsey, MN
      View Details
    • $18/mo

      High-Visibility Ramsey Retail Opportunity

      Retail space with strong visibility and easy access in Ramsey.
      14000 St Francis Blvd NW, Ramsey, MN
      View Details
    • Contact for pricing

      Restaurant/Retail Space with Highway Visibility

      Restaurant/retail space available with highway visibility and strong demographics.
      6415 Hwy 10, Ramsey, MN
      View Details
    • Contact for pricing

      Ramsey Warehouse Space Available

      Warehouse space available for rent in Ramsey, Minnesota.
      8227 Bunker Lake Boulevard, Ramsey, MN, 55303
      View Details
    • Contact for pricing

      Retail Space on St Francis

      Retail space available in Ramsey, high visibility location.
      14050 St Francis Blvd NW, Ramsey, MN
      View Details
    • Contact for pricing

      Ramsey Warehouse with Outdoor Storage

      Warehouse space with fenced outdoor storage and dock doors.
      6390 McKinley St NW, Ramsey, MN
      View Details
    • $6/mo

      INDUSTRIAL

      13950 Radium St NW, Ramsey, MN
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru

      Retail spaces available for lease, Fall 2025 delivery.
      Bunker Lake Blvd & Armstrong Blvd NW, Ramsey, MN
      View Details
    • Contact for pricing

      Ramsey Warehouse Space Available Now

      10,000 SF warehouse space with dock and drive-in doors.
      6230 McKinley St NW, Ramsey, MN
      View Details
    • Contact for pricing

      Ramsey Warehouse Space Available Now

      71,247 SF warehouse space with docks and drive-in doors.
      8367 Bunker Lake Blvd, Ramsey, MN
      View Details
    • Contact for pricing

      Ramsey Warehouse Space Available Now

      42,000 SF warehouse space with 6 docks and 28' clear height.
      8297 Bunker Lake Blvd, Ramsey, MN
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces for lease in Northstar Marketplace.
      7876-7988 Sunwood Drive, Ramsey, MN 55303
      View Details

    FAQs

    What type of property is this?
    Office units - Office suites available from 188 SF to 475 SF.
    Where is this office units located?
    The property is located at 6957 NW Hwy 10 Ramsey, MN.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Rent includes utilities; Enjoy **24/7 access**; **Signage to Highway 10** available
    (763) 486-8247
    We can help!
    Listing Contact
    Michael Fisher
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!