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    OFF-MARKET
    Commercial real estate

    551 87Th Ln, Blaine, MN 55434

    50,264 SF 13.39 ac lot Built 1990
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 551 87th Lane NE in Blaine, Minnesota, presents a significant investment opportunity. Boasting a substantial 50,264 square feet of building space, this property sits on a generous 13.39-acre lot, offering ample room for expansion, future development, or extensive outdoor operations. The building's size and the expansive land area provide significant flexibility for a wide range of commercial uses. The property's location in Blaine, Minnesota, offers access to key transportation routes and a thriving business community. The asking price for this substantial property is $18 million. This represents a compelling opportunity to acquire a large-scale commercial property with significant potential for growth and return on investment. The expansive acreage provides considerable room for future development or expansion of existing operations. Serious inquiries are encouraged to explore the possibilities this property offers. The property's size and location make it an attractive option for businesses seeking a significant footprint in a dynamic market. Further details and site visits can be arranged upon request. This is a rare opportunity to acquire a substantial commercial property in a prime location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1990
    Total area 50,264 SF
    Lot 13.39 ac (583,268 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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