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    Property profile & analytics
    OFF-MARKET Estimated value $1,530,000
    Manufacturing properties

    12467 Boone Ave, Savage, MN 55378-1282

    12,565 SF 0.98 ac lot Built 1979
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US46-0551987
    Property summary
    AI-generated overview

    This exceptional Savage, Minnesota property at 12467 Boone Ave offers a unique blend of industrial and traditional office space, perfect for a single tenant. The building boasts a total of 12,421 square feet, providing ample room for various business needs. The flexible layout allows for customization, accommodating office space ranging from a single office to approximately 1,400 square feet. The property's industrial classification is complemented by its traditional office features, creating a versatile environment. Located in Scott County, this property offers convenient access to major transportation arteries, including Highways 169 and 13, ensuring seamless commutes and efficient logistics. With 35 parking spaces available, employee and client parking is readily accommodated. This single-tenant occupancy property presents a rare opportunity to secure a well-situated, adaptable space in a thriving Minnesota community. The zip code is 55378. The property's versatility makes it ideal for a variety of businesses seeking a functional and accessible location. This is a must-see property for businesses seeking a flexible and convenient space to grow.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1979
    Total area 12,565 SF
    Lot 0.98 ac (42,689 SF)
    APN 26-057004-0
    UPID US46-0551987
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.50M
    CAP Approach CAP
    $2.10M
    Comparable Approach Comparable
    $1.26M
    Blend (final) Blend
    $1.53M
    Owner & transaction history
    Waters Edge Investment LLC · 3 yrs held
    Waters Edge Investment LLC
    since 2023
    Last sale
    $1.6M
    4 recorded transactions
    2023
    $1.6M
    2018
    2017
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.7M +41.7%
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