Property profile

0 Bunker Lk Blvd & Armstrong Blvd Ramsey, MN 55303

OFF-MARKET
Land
3 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 3 ac (130,680 SF)

Cap rate & NOI

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

Location

Bunker Lk Blvd & Armstrong Blvd Ramsey, MN 55303
Ramsey metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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