170 NE 89Th Ave, Blaine, MN 55434
For Lease
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This exceptional industrial property, located at 170 89th Avenue NE in Blaine, Minnesota, presents a significant opportunity for businesses seeking ample space and strategic location. The property boasts a substantial 56,744 square feet of building area, providing ample room for warehousing, manufacturing, or distribution operations. Situated on a generous 4.8-acre lot, the property offers significant expansion potential or the ability to incorporate outdoor storage or operational areas. The building's size and layout are highly adaptable, making it suitable for a wide range of industrial uses. Its location in Blaine, Minnesota, provides easy access to major transportation arteries, facilitating efficient logistics and distribution. The asking price for this expansive industrial property is $12 million, representing a compelling investment opportunity in a thriving market. The property's size, location, and adaptability make it an ideal choice for businesses seeking to establish or expand their operations in the Minneapolis-St. Paul metropolitan area. Serious inquiries are encouraged to explore the potential of this exceptional industrial property. Detailed specifications and floor plans are available upon request. This is a rare opportunity to acquire a substantial industrial property in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.