Auto Shop with Drive-In
7105 Highway 10 NW, Ramsey, MN 55303
For Sale
New
$700,000
Commercial Sale, Ramsey, MN
Property Size2,586 SF
Lot Size0.50 Acres
Price / SF$270.69
Days on Market6
Property Features for 7105 Highway 10 NW
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
High school district
Directions
Standard status
APN
Lot size
Tenancy & Operations
Tenant in Place
Real Estate Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Water source
Amenities
drive-in doors
15' clear height
lobby
sales office area
mezzanine break room
new paint and flooring
new heaters
new fluid station
updated bathroom
full building repaint
new asphalt and striping
new service road
Building Details
Year built
Roof type
Buildings
Listing Agency:
Keller Williams Classic Rlty NW · Keller Williams Realty
(763) 463-7500
Listed By:
Amber Lange · License #40077597
(763) 657-4444
Added: Nov 2
Last Checked: Nov 7 at 10:06PM
MLS# 7168182
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,586-square-foot auto sales and service property sits on 0.5 acres and was built in 1997. The building has four drive-in doors and 15-foot clear height, with a lobby and sales office, a two-bay shop area, a separate service bay, and a dealership bay. The shop and dealership operate separately and may remain distinct or be combined. Current occupants are open to staying. Interior work completed in 2023 included paint, flooring, heaters, a fluid station, a bathroom update, and a mezzanine break room.
The property fronts Highway 10 and has access via a new service road. The exterior has been repainted, and the asphalt and striping were renewed to city standards. Parking accommodates 35–40 vehicles; city approval covers 25–27 vehicles for sales. Zoning is B-2.
The property fronts Highway 10 and has access via a new service road. The exterior has been repainted, and the asphalt and striping were renewed to city standards. Parking accommodates 35–40 vehicles; city approval covers 25–27 vehicles for sales. Zoning is B-2.
Key Highlights
- 2,586 SF auto sales and service building on 0.5 acres
- Four drive‑in doors and 15' clear height
- Shop configuration includes two 12' overhead doors, a separate bay with a 14' door, and a dealership bay with a 10' door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,997
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,940
$879.9K
Cap Rate 7%
$628,529
$628.5K
Cap Rate 9%
$488,856
$488.9K
Market Conditions
NOI Build-Up for 2,586 SF
Gross rent
$80.7K $31.20/SF
− Vacancy
−$17.8K −$6.90/SF
EGI
$62.9K $24.30/SF
− OpEx
−$18.9K −$7.29/SF
NOI
$44.0K $17.01/SF
Area
Anoka County, MN
Vacancy
22.10%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,940
Cap Rate 7%
$628,529
Cap Rate 9%
$488,856
Alternative Uses
Best Use
Retail
$628.5K
$550.0K – $733.3K
NOI $43,997 @ 7.0% cap · market cap 6.29%
Second Best
Industrial
$401.3K
$351.2K – $468.2K
NOI $28,094 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$718.3K
$628.5K – $838.0K
NOI $50,282 @ 7.0% cap · market cap 7.18%
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
3
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
36k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Home Improvements & Furnishings 2%
Holiday Station Store
Shops & Services
19,137 visits/mo
0.1 miles
Ramsey #2
Shops & Services
12,479 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
3,235 visits/mo
0.5 miles
Heartland Tire
Shops & Services
870 visits/mo
0.1 miles
Slumberland Furniture
Home Improvements & Furnishings
688 visits/mo
0.4 miles
Demographics for 55303, MN
51,480
Population
20,317
Households
2.5
Avg Household Size
38
Median Age
31%
College-Educated
96%
High-School Grad
64.4 sq mi
ZIP Area
799
Density / Sq Mi
$101,351
Median Household Income
$54,788
Median Earnings
$1,348
Median Rent
$338,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
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- Power Lodge Ramsey Service Department — 6781 US-10, Ramsey, MN 55303
- Mint AutoBody — 7129 HWY10 NW, B, Anoka, MN 55303
- Good Year — Ramsey, MN 55303
Frequently Asked Questions
What type of property is this?
Auto shop - B-2 zoning supports commercial and automotive uses, with current occupants open to remaining.
Where is this auto shop located?
The property is located at 7105 Highway 10 NW Ramsey, MN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 2,586 SF auto sales and service building on 0.5 acres; Four drive‑in doors and 15' clear height; Shop configuration includes two 12' overhead doors, a separate bay with a 14' door, and a dealership bay with a 10' door
