Your AI Navigator in Commercial Real Estate
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

    7081 139 Ln Ramsey, MN 55303

    Sponsored
    For Sale
    Contact for pricing

    3.19-acre Mixed-Use Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    400
    This exceptional 3.19-acre commercial land parcel presents a unique investment opportunity in Ramsey, Minnesota. Ideally situated at 7081 139th Lane NW, the property boasts a prime location with excellent visibility and accessibility. Currently zoned Mixed Use PUD, this site offers considerable flexibility for a variety of commercial developments, including retail, medical office, or general office space. The property's significant advantage lies in its direct frontage onto Highway 10, providing unparalleled exposure and convenient access for customers and employees. Furthermore, the upcoming Ramsey Boulevard/Highway 10 interchange, slated for completion in 2025, promises to further enhance accessibility and increase property value. Located within the Anoka-Hennepin Public School District, this site benefits from a strong community infrastructure. The Anoka County location offers a thriving business environment and a robust local economy. With its strategic location, flexible zoning, and future infrastructure improvements, this 3.19-acre parcel represents a compelling investment opportunity for developers seeking a high-impact commercial project in a rapidly growing area. The property's Assessed Parcel Number (APN) is 34-32-25-22-0086. Don't miss this chance to secure a prominent location on Highway 10.

    Property Features for 7081 139 Ln

    General Information

    Property type
    Land
    Lot Size
    138,956 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Garden Center Daycare Center Computer & Electronic Repair Plumbing Service Carpet & Flooring Store Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ramsey
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.446498718032
    Latitude
    45.225552947651

    Nearby Comparable

    • $225,000
      0.88 Acres

      Ramsey Industrial Development Opportunity

      Prime industrial land parcel in Ramsey, ready for development.
      Tbd Sunfish Lk Ct, Ramsey, MN 55303
      View Details
    • $2,345,270
      13.46 Acres

      Ramsey, MN Commercial Land - $2.3M

      13.46 Acres, Prime Commercial Location
      0 Nw & Sunwood Dr, Ramsey, MN 55303
      View Details
    • $6,375,000
      60,540 SF

      Ramsey Office Building - 60K SF

      Prime Ramsey office space, 4.38 acres. Excellent investment opportunity.
      6190 Mckinley St, Ramsey, MN 55303
      View Details
    • $1,475,000
      10,285 SF

      Anoka Industrial/Office Investment

      1.7-acre lot, 10,285 sqft, flexible space
      1150 Mckinley St, Anoka, MN 55303
      View Details
    • Contact for pricing
      3.00 Acres

      Ramsey Commercial Land Opportunity

      Prime Ramsey location, high-growth potential.
      0 Bunker Lk Blvd & Armstrong Blvd, Ramsey, MN 55303
      View Details
    • $956,140
      4.39 Acres

      Anoka Industrial Land - $956K

      4.39 Acres, Prime Industrial Site
      14700 Ferret St, Anoka, MN 55303
      View Details
    • $723,000

      Commercial Land with Highway Access

      1.39 acres of commercial land with highway interchange access.
      1125 W Main St, Anoka, MN 55303
      View Details
    • $5,100,000
      45,840 SF

      Anoka Warehouse with Excess Land

      45,840 SF warehouse with dock and drive-in loading.
      900 Mckinley St, Anoka, MN 55303
      View Details
    • Contact for pricing
      1,149 SF

      Anoka Office Suite - Last One!

      Prime Anoka location, 1,149 sq ft office suite.
      2850 Cutters Grv Ave Unit, Anoka, MN 55303
      View Details
    • Contact for pricing
      22,075 SF

      Anoka Industrial Building For Sale

      22,075 SF industrial building on 2.64 acres in Anoka.
      731 Lund Blvd, Anoka, MN 55303
      View Details

    Nearby Similar for Sale

    • $3,299,900
      31,716 SF

      Industrial Building with Office Space

      31,716 SF building with warehouse and office space.
      6451 140Th Ct NW, Ramsey, MN
      View Details
    • $2,550,000
      19,870 SF

      Industrial Property with Crane Access

      Industrial facility featuring cranes, new roof, and geothermal efficiency.
      6220 Mckinley St NW, Ramsey, MN
      View Details
    • $1,410,000
      28,140 SF

      Hwy 10 Multi-Purpose Site

      18,000 SF cold storage with two 4,500 SF offices.
      6701 Highway 10 NW, Ramsey, MN
      View Details
    • $5,975,000
      60,540 SF

      60,540 SF Ramsey Warehouse

      60,540 SF warehouse with mezzanine office and highway access.
      6190 Mckinley St NW, Ramsey, MN
      View Details
    • $310,000

      Parking Lot on US Hwy

      0.62 acre parking lot with highway visibility.
      6131 Highway 10 W, Ramsey, MN
      View Details
    • Contact for pricing
      29,520 SF

      Retail Building in Ramsey, MN

      29,605 SF retail building available for sale in Ramsey, MN.
      5900 167 Ave NW, Ramsey, MN
      View Details
    • $6,375,000
      60,540 SF

      Ramsey Office Building - 60K SF

      Prime Ramsey office space, 4.38 acres. Excellent investment opportunity.
      6190 Mckinley St, Ramsey, MN 55303
      View Details
    • Contact for pricing
      500 SF

      Ramsey Office Space - 5 Acres

      Prime Office Space, 5 Acres, $500/month.
      5904 167Th Ave, Ramsey, MN 55303
      View Details

    FAQs

    What type of property is this?
    Land - 3.19-acre Mixed-Use Development Site
    Where is this land located?
    The property is located at 7081 139 Ln Ramsey, MN.
    Request Owner's contact information
    7081 139 Ln Ramsey, MN 55303
    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.
    7081 139 Ln
    Ramsey, MN 55303
    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.

    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
    7081 139 Ln Ramsey, MN 55303
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.