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    2325 Prior Ave Roseville, MN 55113

    Sponsored
    For Sale
    $7,590,000

    67,730 SF, 5 Units, Vacant

    Property size:
    67,730 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 67,730-square-foot mixed-use property, located at 2325 Prior Avenue North in Roseville, Minnesota, presents a compelling investment opportunity. The property, built in 1973, features five units and sits on a sizable 5.871-acre lot. Currently vacant, this single-story building offers significant redevelopment potential. Its MU-4 zoning allows for a wide range of uses, including regional-scale retail, large-format stores, multi-story office buildings, and automobile dealerships, aligning with the city's comprehensive plan for mixed-use development. The property boasts excellent visibility and convenient freeway access, complemented by nearby amenities. With 60 parking spaces and a prime location in Ramsey County (zip code 55113), this property is ideally suited for a variety of commercial ventures. The property's existing infrastructure and strategic location make it an attractive option for investors seeking a high-impact development project or a new car dealership. Parcel numbers are 092923320006

    Property Features for 2325 Prior Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    67,730 SF
    Lot Size
    255,741 SF

    Building Details

    Year Built
    1973
    Stories
    1
    Units
    5

    HighLights

    • Exceptional visibility.
    • Convenient freeway access.
    • Nearby amenities.
    • Suitable for new car dealership.
    • Zoned for a variety of commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Luther Cadillac Parts ... Auto Parts Store Luther Cadillac Service ... Car Repair And Maintenance Service

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Wholesale Shop Law Firm Dental Office Spa & Massage Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.182739
    Latitude
    45.0116187

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    FAQs

    What type of property is this?
    Individual retail property - 67,730 SF, 5 Units, Vacant
    Where is this individual retail property located?
    The property is located at 2325 Prior Ave Roseville, MN.
    What is the asking price?
    The asking price for this property is $7,590,000.
    What are key features of this property?
    This property features: Exceptional visibility.; Convenient freeway access.; Nearby amenities.
    Request Owner's contact information
    2325 Prior Ave Roseville, MN 55113
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    Roseville, MN 55113
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    Realmo Value Estimation

    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.

    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.

    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
    2325 Prior Ave Roseville, MN 55113
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