Mixed-Use Property with Auto
7105 U.S 10, Ramsey, MN 55303
For Sale
Contact for pricing
Dealership and repair operations have separate areas that can function independently or together.
Property Size2,586 SF
Price / SF$270.69
Days on Market8
Property Features for 7105 U.S 10
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Automotive
Service Bays
Automotive Uses
Tenancy & Operations
Tenant in Place
Real Estate Included
Amenities
lobby
sales office
mezzanine break room
updated bathroom
new paint
new flooring
new heaters
new fluid station
full building repaint
new asphalt
striping
drive-in doors
15 ft clear height
Building Details
Year Renovated
Buildings
Tenancy
Listing Agency:
KW Commercial Maple Grove
Listed By:
Amber Lange · License #MN 40077597
(763) 657-4444
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 5:43PM
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 KW Commercial Maple Grove
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 2,586-square-foot property is configured for vehicle sales and service, with a lobby, sales office, shop space, and a mezzanine break room. Four drive-in doors serve the building, which has 15-foot clear height. The dealership and repair functions occupy distinct areas and can operate as separate businesses or be combined. Tenants are open to remaining. Interior work completed in 2023 included paint, flooring, heaters, a fluid station, and a bathroom update; the exterior was repainted, and the asphalt and striping were renewed.
Located on U.S. 10 in Ramsey, the property has access from a new service road and B-2 zoning. The site provides parking for 35–40 vehicles, with city approval for 25–27 vehicles used for sales. The shop includes two 12-foot overhead doors, a separate service bay with a 14-foot door, and a dedicated dealership bay with a 10-foot door.
Located on U.S. 10 in Ramsey, the property has access from a new service road and B-2 zoning. The site provides parking for 35–40 vehicles, with city approval for 25–27 vehicles used for sales. The shop includes two 12-foot overhead doors, a separate service bay with a 14-foot door, and a dedicated dealership bay with a 10-foot door.
Key Highlights
- 2,586‑square‑foot building on U.S. 10 in Ramsey
- B‑2 zoning
- Four drive‑in doors and 15' clear height
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
Mixed Use
$509.8K
$446.1K – $594.8K
NOI $35,687 @ 7.0% cap · market cap 5.10%
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
Current Use
Lease Details
4
Service bays
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Dealership and repair operations have separate areas that can function independently or together.
Where is this mixed-use property located?
The property is located at 7105 U.S 10 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‑square‑foot building on U.S. 10 in Ramsey; B‑2 zoning; Four drive‑in doors and 15' clear height
