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    FOR LEASE
    Industrial properties

    1601 67Th Ave N, Brooklyn Center, MN 55430

    35,162 SF 2.46 ac lot Built 1978
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US46-0759286
    Property summary
    AI-generated overview

    This exceptional 34,756-square-foot warehouse, situated on a 2.46-acre lot in Brooklyn Center, Minnesota, presents a compelling owner-user opportunity. Built in 1978 and renovated in 1985, the single-story building boasts an 18-foot clear ceiling height, three loading docks with three dock-high doors, and is zoned MX-B. The property offers convenient access to major transportation arteries, including I-694, I-94, Highway 100, and Highway 252, ensuring efficient logistics. Currently, the building houses three tenants with varying lease terms, providing immediate income potential for an owner-user seeking to occupy up to 15,000 square feet. A portion of the available space includes a crane and a flammable waste trap. Note that an additional 4,800 square feet of mezzanine space is not included in the stated square footage. This well-maintained industrial property represents a rare blend of immediate income and significant owner-user potential in a prime location. Financial details and further information are available upon request.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1978
    Construction CONCRETE BLOCKS
    Total area 35,162 SF
    Lot 2.46 ac (107,158 SF)
    APN 35-119-21-14-0014
    UPID US46-0759286
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.85M
    Blend (final) Blend
    $2.65M
    Owner & transaction history
    3 Brothers Underground Property LLC
    3 Brothers Underground Property LLC
    since 2025
    Last sale
    $2.7M
    1 recorded transaction
    2025
    $2.7M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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