Property profile

3999 Rice St Shoreview, MN 55126

OFF-MARKET
Lifestyle centers
957 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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 profile

Verified
Property type Lifestyle centers
Total area 957 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Restaurant
  • Alternative Medicine Practice
  • Clothing Store Thrift Store
  • (Bike/Boat/Book/etc) Store

Location

3999 Rice St Shoreview, MN 55126
Shoreview metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3999 Rice St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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