0 Bunker Lk Blvd & Armstrong Blvd, Ramsey, MN 55303
This exceptional 3-4 acre commercial land parcel presents a unique investment opportunity in Ramsey, Minnesota. Situated at the southeast corner of Bunker Lake Boulevard and Armstrong Boulevard, this property boasts unparalleled access to major thoroughfares including Sunwood Drive, Armstrong Boulevard, Bunker Lake Boulevard, and Zeolite Street. Convenient access to Highway 10 via the Armstrong Boulevard interchange ensures seamless connectivity. The property's strategic location is further enhanced by its proximity to the Northstar Commuter Rail Station, providing easy access to downtown Minneapolis (approximately 30 minutes away). Zoned COR, this land offers diverse development possibilities, including retail, office, medical office, high-density residential, and townhomes. The parcel is part of PID 28-32-25-22-0058 and falls within the Anoka-Hennepin ISD #11. The area is experiencing significant growth, with over 1,500 residential units recently constructed, under construction, or planned within a 3-mile radius, and over 1,000,000 square feet of industrial/manufacturing space similarly developed. This vibrant, walkable community offers convenient access to schools, parks, and retail amenities, making it an ideal location for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.