6800 Humboldt Ave Brooklyn Center, MN 55430
- Commercial real estate
- 40,250 SF
- 4.11 lot acres
Current Use by Public Records
- Handz-On Barber & Beauty / Barber Shop / Beauty Salon
Property Details for 6800 Humboldt Ave
- Year built
- 1973
- Construction
- CONCRETE BLOCKS
- Lot size
- 4.11 lot acres
- Property size
- 40,250 SF
- Property type
- Commercial real estate
- APN
- 36-119-21-22-0047
- APU
- 3611921220047
Description
This exceptional single-story, 40,390 square foot retail center is situated on a 4.11-acre lot at the highly visible intersection of Humboldt Avenue North and 69th Avenue North in Brooklyn Center, Minnesota. Built in 1973 and renovated in 2019, the Class C property boasts 255 parking spaces, making it highly convenient for customers and employees. The center features a diverse mix of tenants, including New Horizon Academy, Value Foods, Giant Wash Laundromat, and House of Hui Restaurant, along with other local businesses. Its C2 zoning allows for a variety of uses. The property's prime location offers easy access to major transportation arteries, including Hwy 100, I-94/694, Hwy 252, Hwy 169, and I-35W, providing convenient access for both employees and customers. The area is served by a strong employment base, including the FBI, Medtronic, Brooklyn Center Community Schools, Earle Brown Heritage Center, and Top Golf, ensuring a consistent flow of potential customers. A short commute to Minneapolis (approximately 5 minutes) further enhances its appeal. The property's address is 6800 N Humboldt Ave, Brooklyn Center, MN 55430, with the APN 36-119-21-22-0047. This is a multi-tenant property offering a compelling investment opportunity in a thriving Northwest submarket.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,880,000
- 6.5%
- $3,720,000
- 7%
- $3,480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,050,000
- Geo Method
- $4,055,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,145,000
- Retail
- $2,760,000
- Mixed-Use
- $3,110,000
- Hospitality
- $2,835,000
- Educational
- $3,725,000
- Residential Income
- $3,575,000
- Energy
- $3,265,000
- Income-Based Land
- $3,800,000
- Food Service
- $3,645,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn Center
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.2993
- Latitude
- 45.0789
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
