Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    998 Berwood Ave E Vadnais Heights, MN

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    27,659 SF industrial building with crane system for lease.

    Type:INDUSTRIAL
    Property size:
    27,659 SF
    Lot size:
    1.30 Acres
    Added:
    Nov 6, 2025
    Days on Market:
    174
    Last Refresh:
    Apr 5 at 8:09 pm

    Property Features for 998 Berwood Ave E

    General Information

    Standard status
    Active
    Size
    27,659 SF
    Lot size
    1.30 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 998 Berwood Ave E Contact us

    We can help!

    Listing Contact
    Joe Keske
    Joe Keske

    Listing agent Joe Keske

    Listing office AREA Commercial Real Estate Advisors

    Listing date Nov 6, 2025

    Source Moodyscre

    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 AREA Commercial Real Estate Advisors

    Overview

    Vadnais Heights Industrial Building Available

    This 27,659 square foot single tenant industrial building is available for lease. The property features a 25-foot clear height, one drive-in door, and one dock. It includes a 10-ton bridge crane system and a wash bay. The building is vacated, clean, and move-in ready. Building signage is available. The property is located directly off I35E and I694 and features a secluded location and truck court. It is suitable for industrial and manufacturing purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Vadnais Heights
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.0592
    Latitude
    45.0426

    Nearby Similar for Lease

    • $17 SF/Yr

      Vadnais Heights Office Space Available

      Office space for lease with great access and amenities.
      3535 Vadnais Center Dr, Vadnais Heights, MN
      View Details
    • $17 SF/Yr

      Main Floor Office Suite

      Prominent suite ideal for professional office, medical, or service.
      3555 Willow Lake Blvd, Vadnais Heights, MN
      View Details
    • $14 SF/Yr

      Vadnais Heights Office/Education Space

      7,852 SF space ideal for medical, office, or education use.
      3500 Willow Lake Boulevard, Vadnais Heights, MN
      View Details
    • Contact for pricing

      Vadnais Heights Specialty Property

      Specialty property available for lease in Vadnais Heights, MN.
      1025 Kristen Ct, Vadnais Heights, MN 55110
      View Details
    • Contact for pricing

      Vadnais Heights Office Space

      Office space available for lease in Vadnais Heights, Minnesota.
      4255 White Bear Parkway, Vadnais Heights, MN 55110
      View Details
    • Contact for pricing

      Industrial Space with Highway Access

      New construction industrial space with immediate highway access available for lease.
      3291 Labore Rd, Floor 1, Vadnais Heights, MN 55110
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail property available for lease, totaling 7,838 square feet.
      905 County Road E East, Vadnais Heights, MN, 55127
      View Details
    • Contact for pricing

      Vadnais Heights Office/Warehouse Space

      Multi-tenant office/warehouse with convenient highway access and ample amenities.
      3580-3590 Hoffman Rd E, Vadnais Heights, MN
      View Details
    • Contact for pricing

      Industrial Garage Space For Lease

      Industrial garage space for lease near Highway I-694 & I-35E.
      3301-3325 Labore Road, Vadnais Heights, MN 55110
      View Details
    • $23 SF/Yr

      Retail Building with Drive-Through

      Multi-tenant retail building with drive-through, suitable for various businesses.
      1632-1650 County Rd E East, Vadnais Heights, MN
      View Details
    • $8 SF/Yr

      Vadnais Heights Flex/Warehouse Space

      Office, flex, and warehouse spaces available for lease.
      3520-3530 Labore Road, Vadnais Heights, MN
      View Details
    • $12 SF/Yr

      Vadnais Heights Office/Warehouse Space

      Office/warehouse space available in Vadnais Heights with high visibility.
      3600 Labore Rd, Vadnais Heights, MN
      View Details

    FAQs

    What type of property is this?
    Warehouse - 27,659 SF industrial building with crane system for lease.
    Where is this warehouse located?
    The property is located at 998 Berwood Ave E Vadnais Heights, MN.
    What are key features of this property?
    This property features: Directly off I35E & I694 (Excellent Location); 27,659 SF of Industrial Space; Vacated, Clean and Move‑in Ready
    (952) 322-0556 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joe Keske
    Joe Keske
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!