Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    101 Isanti NE Pkwy Isanti, MN 55040-7523
    Back to Search
    Property profile & analytics

    101 Isanti NE Pkwy Isanti, MN 55040-7523

    View on Map
    • Industrial properties
    • 2,250 SF
    • 0.05 lot acres
    Off-Market
    Last Sale Mar 10, 2024
    $405,000
    Property ID
    US46-0588765
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cylinder Head Express, LLC / Auto Parts Store
    • Set Solar / Solar Energy Company
    • Isanti skatepark / Sports Field & Court
    • Trans-Mississippi Biological Supply / Biochemical Supplier
    • Wolf River Electric Company / Solar Energy Company / Electric Utility Company

    Property Details for 101 Isanti NE Pkwy

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    0.05 lot acres
    Property size
    2,250 SF
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    16.130.0040
    APU
    161300040

    Description

    This exceptional Isanti, MN industrial property offers 4,500 square feet of versatile space, ideal for a variety of businesses. The property is divisible into two 2,250-square-foot units, providing flexibility for tenants needing smaller footprints, or the entire space can be leased for a total of 4,500 square feet. Lease rates range from $10.00 to $14.00 per square foot, depending on the space required and lease term. Common area maintenance and taxes are an additional $2.30 per square foot. The property boasts significant advantages including 208 3-phase power, ensuring ample power for industrial operations. A new, high-efficiency boiler contributes to cost-effective operations and energy savings. The layout includes a well-appointed 1,250-square-foot office area, perfect for administrative functions. A dedicated 1,150-square-foot clean room is available, suitable for manufacturing or research requiring a controlled environment. A spacious 2,100-square-foot warehouse provides ample storage and operational space. Finally, a 1,250-square-foot mezzanine offers additional storage or office space, maximizing the property's functionality. This property sits on a 0.05-acre lot in Isanti, Minnesota, offering convenient access to transportation routes. Contact us today to learn more about this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Isanti
    County
    Isanti
    State
    Minnesota
    Longitude
    -93.243
    Latitude
    45.5002
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,206
    $22,900
    $88,100
    $111,000
    -
    $22,900
    $88,100
    $111,000

    Comparable in this City

    • Value Estimation by Request
      5.07 Acres

      Isanti, MN 55040

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 5.07 Acres
      Isanti, MN 55040
      View Details
    • Value Estimation by Request
      3,200 SF

      Isanti, MN 55040

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,200 SF
      Isanti, MN 55040
      View Details
    • Value Estimation by Request
      1,160 SF

      Isanti, MN 55040

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,160 SF
      Isanti, MN 55040
      View Details
    • Value Estimation by Request
      4,000 SF

      Isanti, MN 55040

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,000 SF
      Isanti, MN 55040
      View Details
    • Value Estimation by Request
      2,001 SF

      Isanti, MN 55040

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,001 SF
      Isanti, MN 55040
      View Details
    • Value Estimation by Request
      9,176 SF

      Isanti, MN 55040

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 9,176 SF
      Isanti, MN 55040
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Lot with Highway Visibility

      Commercial land with visibility and access in a growing retail location.
      Broadway St SE & I-65, Isanti, MN 55040
      View Details
    • $1,731,481
      605 SF

      Retail Space on 5th Avenue

      Retail space available for sale in Isanti, Minnesota.
      260 5Th Ave NE, Isanti, MN 55040
      View Details
    • $129,000
      Pending

      5-Acre Parcel in Isanti, MN

      5-acre parcel with easy access to I-35 and Hwy 65.
      249xx Lever St NE, Isanti, MN 55040
      View Details
    • $289,900
      26.66 Acres

      Land for Residential Development

      26.664 acres of land in Isanti, Minnesota.
      000 University Ave, Isanti, MN 55040
      View Details
    • Contact for pricing
      2,400 SF

      Office Space Available for Lease

      Office space with TI incentives and building signage available.
      404 Whiskey Rd NW, Isanti, MN 55040
      View Details
    • Contact for pricing
      4,369 SF

      New Retail Building in Isanti

      Retail suites available for lease in Isanti's retail hub.
      291 5Th Ave NE, Isanti, MN 55040
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,250 SF

      Isanti Warehouse Space Available

      6,250 SF warehouse space for rent in Isanti, Minnesota.
      459 W Dual Blvd NE, Isanti, MN 55040
      View Details
    • Contact for pricing
      2,202 SF

      Retail Space in Willow Bridge

      Retail space available in Willow Bridge Retail Center.
      4 Enterprise Ave NE, Isanti, MN 55040
      View Details
    • Contact for pricing
      1,496 SF

      New Professional Building Office Space

      Office/Retail space in newly constructed professional building in Isanti, MN.
      401 Cherrywood St NE, Isanti, MN 55040
      View Details
    • Contact for pricing
      1,250 SF

      Spacious Retail Suite with Overhead Door

      3532 SF retail space with private restroom and rear access.
      303 Credit Union Dr NE, Isanti, MN 55040
      View Details
    • Contact for pricing

      Prime Retail/Office Space in Isanti

      Highly visible corner unit in well-traveled Isanti mall.
      401 E Dual Blvd NE, Isanti, MN 55040
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Isanti NE Pkwy
    Isanti, MN 55040-7523
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    101 Isanti NE Pkwy, Isanti, MN, 55040
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!