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Flex Space with Drive-In Doors
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991 Dale St N, St Paul, MN 55117

B3 General Business zoning supports a range of commercial concepts, subject to applicable city approvals and use requirements.

Property Size3,263 SF
Lot Size0.13 Acres
Price / SF$182.35
Days on Market12

Property Features for 991 Dale St N

General Information

Standard status Active
Size 3,263 SF
Lot size 0.13 Acres
Property subtype INDUSTRIAL
Zoning B3 General Business

Warehouse & Industrial

Office Build-Out 316 SF
Drive-In Doors 2

Building Details

Buildings 1
Building Size 3,263 SF
Listing Agency: Fulford Commercial
Listed By: Brian Fulford
Source: Moodyscre
Added: Sep 29 Changed: Oct 10 Last Checked: Oct 10 at 2:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fulford Commercial

Investment Insights

Based on property information with market context.

This 3,263-square-foot commercial property sits on a 0.13-acre lot and is currently used as a sign shop. The building includes approximately 316 square feet of office space and two drive-in garage doors, measuring approximately 12' × 9' and 16' × 12'. The billboard is not included in the sale.

The property is near the Como, Front and Dale commercial corridor in St. Paul. B3 General Business zoning applies, with potential uses subject to city approvals and requirements.

Key Highlights

  • 3,263‑square‑foot building on 0.13 acres
  • B3 General Business zoning
  • Approximately 316 SF of office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,748
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,960 $775.0K
Cap Rate 7%
$553,543 $553.5K
Cap Rate 9%
$430,533 $430.5K
Market Conditions
NOI Build-Up for 3,263 SF
Gross rent
$71.7K $21.96/SF
− Vacancy
−$20.0K −$6.13/SF
EGI
$51.7K $15.83/SF
− OpEx
−$12.9K −$3.96/SF
NOI
$38.7K $11.87/SF
Area
Ramsey County, MN
Vacancy
27.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,960
Cap Rate 7%
$553,543
Cap Rate 9%
$430,533

Alternative Uses

Best Use
Office B
$553.5K
$484.4K – $645.8K (±1% cap)
NOI $38,748 @ 7.0% cap · market cap 6.51%
Second Best
Industrial
$506.4K
$443.1K – $590.8K (±1% cap)
NOI $35,448 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$778.5K
$681.2K – $908.2K (±1% cap)
NOI $54,494 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Hair Salon Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55117, MN

44,525
Population
17,784
Households
2.5
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
9.2 sq mi
ZIP Area
4,840
Density / Sq Mi
$71,784
Median Household Income
$43,366
Median Earnings
$1,178
Median Rent
$262,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Cajuneatstreatsmeats — 603 Lafond Ave, St Paul, MN 55103
  • Mobile Runners Inc — 293 Como Ave, St Paul, MN 55103
  • Aesop's Table — 919 Dale St N Unit 2, St Paul, MN 55103

Frequently Asked Questions

What type of property is this?
Flex space - B3 General Business zoning supports a range of commercial concepts, subject to applicable city approvals and use requirements.
Where is this flex space located?
The property is located at 991 Dale St N St Paul, MN.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 3,263‑square‑foot building on 0.13 acres; B3 General Business zoning; Approximately 316 SF of office space
(612) 296-5384 Call to check price and availability
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