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    3999 Rice St Shoreview, MN 55126

    For Lease
    Contact for pricing

    Prime Shoreview location, 957-8,000 sqft available.

    Lot size:
    957 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail space, located at 3999 Rice Street in Shoreview, Minnesota (zip code 55126), presents a unique investment opportunity. The property, known as Gramsie Square, is a charming neighborhood center ideally situated for quick-stop convenience. Currently, 957 square feet are immediately available, with the potential to expand to a maximum contiguous space of 8,000 square feet. The property's classification is retail, specifically a shopping center with multiple tenancies. The building's total square footage is 957 square feet, making it perfect for a variety of retail uses. Its location on the commuter side of the street, surrounded by residential areas, ensures high visibility and foot traffic. The property also offers the exciting possibility of pad site development, further enhancing its investment potential. Located in Ramsey County, this property boasts a strategic position within a thriving community. Annual property taxes are $4.49 per square foot. This is an exceptional chance to acquire a well-positioned retail space in a desirable Minnesota market. The property's smaller square footage options are particularly attractive to businesses seeking efficient and cost-effective spaces.

    Property Features for 3999 Rice St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    957 SF

    Unit(s) available at that property

    Space
    Undeveloped Site
    Size
    8,000 SF

    HighLights

    • 8,000‑square‑foot buildable lot.
    • Prime location for development.
    • High‑traffic area with excellent visibility.
    • Zoned for mixed‑use development.
    • Utilities readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mansetti's Pizza & Pasta Caterer The Lava Kitchen MN Restaurant Healthy Day Chiropractic Chiropractor Mitch’s Vintage Clothing Store Naked Darling Vintage Clothing Store

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Shoreview
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1071476
    Latitude
    45.0618076

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Shoreview location, 957-8,000 sqft available.
    Where is this lifestyle center located?
    The property is located at 3999 Rice St Shoreview, MN.
    What are key features of this property?
    This property features: 8,000-square-foot buildable lot.; Prime location for development.; High-traffic area with excellent visibility.
    Request Owner's contact information
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    Shoreview, MN 55126
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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
    3999 Rice St Shoreview, MN 55126
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