Financial
Distress signals
Property profile

8201 Hickory St NE Fridley, MN 55432

FOR SALE
Other industrial properties
Property ID
US46-1926231
31,452 SF 6 ac lot Built 1991
Last sale Aug 2022 · $5,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a cross-dock refrigerated warehouse and fully equipped truck terminal located in Fridley’s industrial corridor, with connectivity to Interstate 694 and approximately 30 minutes from Minneapolis–St. Paul International Airport. Constructed between 1991 and 1995, it underwent a remodel and high-bay addition completed in 1999. The facility contains 32,178 square feet total, including 3,870 square feet of office space, 14,880 square feet of low-bay cooler area, and 13,428 square feet…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$63k
Tax billed · 2024
Assessed value$3.11M
Assessed land$849k
Assessed improvement$2.26M
Effective rate2.04%

Value estimate

· Sep 2026
$5.41M
$4.87M – $5.95M
AI approach$5.43M
CAP approach$5.14M
Submarket $/SF estimate$3.20M
NOI build-up
Gross scheduled income$521k
Vacancy & credit loss−$22k
Operating expenses−$75k
NOI · 4.25% cap applied$424k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$59 – $135
Qualifying comparables11

Cap rate analysis

How does the asset earn?
4.25%
$424k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionANOKA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.2
Realty agency10.7
Pawn Shop9.3

Location

8201 Hickory St NE Fridley, MN 55432
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1241 72nd NE, Fridley, MN 55432-3510 $4,502,500 Feb 2025 29,250 SF
7421 Commerce NE, Fridley, MN 55432-3124 $2,350,000 May 2023 29,424 SF
1290 73rd NE, Fridley, MN 55432-3594 $2,461,151 Jan 2023 36,216 SF
8282 Arthur NE, Spring Lake Park, MN 55432-2869 $3,300,000 Jun 2022 36,453 SF
1313 Osborne NE, Spring Lake Park, MN 55432-2841 $1,500,000 Jan 2022 22,988 SF
7855 Ranchers NE, Fridley, MN 55432-2507 $1,600,000 Jan 2022 24,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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