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

    1650 Beam Ave Maplewood, MN 55109

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern medical office suites available.

    Lot size:
    14,008 SF

    Property Features for 1650 Beam Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,008 SF
    Total Rate
    10506

    Building Details

    Year Built
    1988
    Stories
    2

    Spaces For Lease

    at 1650 Beam Ave, Maplewood, MN 55109 Contact us
    Unit Floor 1 Suite 103

    $9 /Mo

    Size
    1,439 SF
    Contact us

    We can help!

    Listing Contact
    Mike Brass
    Mike Brass

    Listing Agency: Titus Commercial Real Estate Listing Agent: Mike Brass

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

    Learn more

    Property Insight Report

    Overview

    This exceptional two-story medical office building, located at 1650 Beam Avenue East in Maplewood, Minnesota, offers a prime opportunity for medical professionals seeking versatile and well-appointed space. Built in 1988, the building boasts a total of 14,008 square feet, with a minimum divisible space of 991 square feet. Currently, there are 1,439 square feet of vacant space available, ideal for a variety of medical practices. The property is zoned I-2 and situated in Ramsey County, offering convenient access to major transportation routes and a thriving community. The building features ample parking with 66 spaces available for tenants and their clients. The building's multiple tenancy structure provides a dynamic and collaborative environment. This is a fantastic opportunity to establish or expand your medical practice in a well-maintained and strategically located building. The available space is adaptable to suit various medical specialties and offers the potential for customization to meet specific needs. With its convenient location, ample parking, and modern amenities, this property represents a compelling investment in a growing market. The property's address is 1650 Beam Ave, Maplewood, MN 55109.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Dental Office Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Maplewood
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.0308419
    Latitude
    45.027523

    Nearby Similar for Lease

    • $18 SF/Yr
      6,080 SF

      Retail Space Near Maplewood Mall

      Retail space available for lease near Maplewood Mall.
      1915 County Road D Ct East, Maplewood, MN 55109
      View Details
    • $12 SF/Yr
      4,032 SF

      Maplewood Office/Showroom Space Available

      Office/showroom space with easy access to 94 and Century Ave.
      21 Century Ave S, Maplewood, MN 55119
      View Details
    • $18 SF/Yr
      1,544 SF

      Prime Location Abuts Pediatric Dentistry

      High-visibility space near I-694, adjacent to pediatric dentistry.
      1915 Cty Rd D East, Maplewood, MN
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail property available for lease in Maplewood, Minnesota.
      2303 White Bear Ave, Maplewood, MN 55109
      View Details
    • Contact for pricing
      45,225 SF

      Maplewood Retail Center For Rent

      Retail property in Maplewood, built in 1989, expandable.
      1852 County Road D Ct E, Maplewood, MN 55109
      View Details
    • Contact for pricing
      1,500 SF

      Maplewood Office Suite For Rent

      1,500 SF office suite with highway visibility available for rent.
      2475 N Maplewood Dr, Maplewood, MN 55109
      View Details
    • Contact for pricing
      660 SF

      Maplewood Office Space Available

      Corner office suite with private offices and open area.
      2785 White Bear Ave N, Maplewood, MN 55109
      View Details
    • Contact for pricing
      5,795 SF

      Maplewood Office Space For Rent

      Office space for rent with dedicated parking and monument signage.
      2966 White Bear Ave, Maplewood, MN 55109
      View Details
    • Contact for pricing
      2,100 SF

      Maplewood Office Space For Rent

      Office space available in a three-building complex near St. Paul.
      1983-1997 Sloan Pl, Maplewood, MN 55117
      View Details
    • Contact for pricing
      807 SF

      Retail Space Near Maplewood Mall

      Retail spaces available near Maplewood Mall with high visibility.
      3035 White Bear Ave, Maplewood, MN 55109
      View Details
    • Contact for pricing
      1,480 SF

      Retail Space in Maplewood Center

      Neighborhood center anchored by Hy-Vee with ample parking.
      2515 White Bear Ave, Maplewood, MN 55109
      View Details
    • Contact for pricing
      4,430 SF

      Maplewood Flex Space Available

      Flex space available for rent in Maplewood, Minnesota.
      255 Roselawn Ave E, Maplewood, MN
      View Details

    FAQs

    What type of property is this?
    Medical office - Modern medical office suites available.
    Where is this medical office located?
    The property is located at 1650 Beam Ave Maplewood, MN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 14,008 SF, two-story, multi-tenant medical office building in Maplewood, MN.; Across from St. John's Hospital and Maplewood Mall, near major retailers and restaurants.; Offers a scenic view of a nearby pond and nature preserve.
    (612) 750-4312 Call to check price and availability
    Request Owner's contact information
    1650 Beam Ave Maplewood, MN 55109
    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.
    1650 Beam Ave
    Maplewood, MN 55109
    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
    1650 Beam Ave Maplewood, MN 55109
    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 Mike Brass
    Mike Brass
    Real Estate License ID: 40630577
    (612) 750-4312
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!