Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • 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

    9401 Winnetka Ave Brooklyn Park, MN 55445

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Class A industrial building, 35,241 SF, excellent location.

    Property size:
    35,241 SF

    Property Features for 9401 Winnetka Ave

    General Information

    Property type
    Life science properties
    Square Feet
    35,241 SF
    Class
    A
    Lot Size
    200,812 SF

    Building Details

    Year Built
    2002
    Stories
    2

    We can help!

    Listing Contact
    Kevin Peck
    Kevin Peck

    Listing Agency: Suntide Commercial Realty Listing Agent: Kevin Peck

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Class A industrial property, located at 9401 Winnetka Ave N in Brooklyn Park, Minnesota, offers 35,241 square feet of versatile flex, warehouse, and R&D space. Built in 2002, this two-story building sits on a generous 4.61-acre lot, providing ample room for expansion. The property boasts 123 parking spaces, with the potential to add another 55. The parking lot was seal coated and grip-sealed in 2022. The warehouse features a 20-foot ceiling height and T8 lighting. Other notable features include one dock-high door, a two-story glass vestibule, and an outdoor patio. The building benefits from convenient access to Highways 169 and 610. Recent improvements include parapet membrane replacement in 2017 and a tin cover. High-quality finishes are present throughout the building. The property's APN is 0711921440008 and the zip code is 55445. This property presents a unique opportunity for businesses seeking a well-maintained, spacious, and strategically located industrial facility in Hennepin County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Real Estate Agency Law Firm Dental Office Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn Park
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3823814
    Latitude
    45.1259127

    Nearby Similar for Sale

    • $1,350,000
      Pending

      Brooklyn Park Freestanding Restaurant Building

      Well-maintained commercial building in Brooklyn Park with versatile potential.
      7450 Unity Ave N, Brooklyn Park, MN 55443
      View Details
    • $1,600,000
      0.59 Acres

      Brooklyn Park Multifamily Investment Opportunity

      16-unit apartment building with value-add potential in Brooklyn Park.
      6325 Douglas Dr N, Brooklyn Park, MN 55429
      View Details
    • Contact for pricing
      5.15 Acres

      Brooklyn Park Retail Opportunity

      Retail suites available in established neighborhood shopping center.
      8401 W Broadway Ave, Brooklyn Park, MN 55445
      View Details
    • Contact for pricing
      1,748 SF

      Spacious Home in Brooklyn Park

      Well-maintained home with open layout, updated features, and private patio.
      2907 86Th Ln N, Brooklyn Park, MN 55443
      View Details
    • Contact for pricing

      Spacious Townhome in Brooklyn Park

      2 bed, 2 bath end-unit townhome with updated kitchen.
      3802 Brookdale Cir N, Brooklyn Park, MN 55443
      View Details
    • Contact for pricing
      16,500 SF

      Brooklyn Park Office/Retail Opportunity

      16,500 SF building on 2.66 acres in Brooklyn Park.
      7839 Brooklyn Blvd, Brooklyn Park, MN
      View Details
    • $999,900
      6,094 SF

      Brooklyn Park Corner Lot Opportunity

      Former restaurant/bar with potential for various commercial uses.
      8432 Noble Ave N, Brooklyn Park, MN
      View Details
    • $145,000
      935 SF

      Shingle Creek Manor Style Home

      Inviting 2-bed, 2-bath home in Shingle Creek/Palmer Lake.
      2683 Brookdale Ln, Brooklyn Park, MN 55444
      View Details
    • Contact for pricing
      165,000 SF

      Brooklyn Park Warehouse Space

      165,000 square foot warehouse in Brooklyn Park, Minnesota.
      109Th Ave N, Brooklyn Park, MN 55434
      View Details
    • Contact for pricing
      157,500 SF

      Industrial Property in Brooklyn Park

      157,500 SF industrial property in Brooklyn Park, Minnesota.
      Highway 169 N, Brooklyn Park, MN 55426
      View Details
    • Contact for pricing
      27,000 SF

      Retail Property in Brooklyn Park

      Retail property available for sale in Brooklyn Park, Minnesota.
      6900 W Broadway Ave, Brooklyn Park, MN 55428
      View Details

    FAQs

    What type of property is this?
    Life science property - Class A industrial building, 35,241 SF, excellent location.
    Where is this life science property located?
    The property is located at 9401 Winnetka Ave Brooklyn Park, MN.
    What are key features of this property?
    This property features: Class A finishes throughout.; Excellent highway access via Highways 169 and 610.; Expandable site with excess land.
    (612) 834-2250 Call to check price and availability
    Request Owner's contact information
    9401 Winnetka Ave Brooklyn Park, MN 55445
    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.
    9401 Winnetka Ave
    Brooklyn Park, MN 55445
    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
    9401 Winnetka Ave Brooklyn Park, MN 55445
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Peck
    Kevin Peck
    Real Estate License ID: 20587160
    (612) 834-2250 (651) 603-0321 (651) 209-9637
    Learn more
    Google sign-in failed. Please try again or use another login method.