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Property profile & analytics
FOR LEASE
Office Spaces

1800 Riverview Dr Northfield, MN 55057

6,000 SF 6.3 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US46-1141660
Property summary
AI-generated overview

This exceptional industrial property, located at 1800 Riverview Drive in Northfield, Minnesota, presents a significant investment opportunity. The property encompasses a substantial 6.3 acres of land and features a large 66,450 square foot industrial building. Its prime location in Northfield offers easy access to major transportation routes, making it ideal for businesses requiring efficient logistics and distribution capabilities. The expansive building provides ample space for a variety of industrial uses, offering flexibility for potential tenants or owners. The property's size and location make it suitable for a wide range of industrial operations, from manufacturing and warehousing to distribution and light assembly. The substantial acreage also allows for potential expansion or future development, providing significant long-term growth potential. Given its size, location, and versatility, this property represents a rare opportunity to acquire a significant industrial asset in a thriving Minnesota community. The asking price is $7,000,000. Serious inquiries are encouraged. Detailed property information and specifications are available upon request.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2000
Total area 6,000 SF
Lot 6.3 ac (274,428 SF)
APN 22.11.1.26.001
UPID US46-1141660
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
$3.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.13M
Owner & transaction history
1850 Pond View Drive LLC · 4 yrs held
1850 Pond View Drive LLC
since 2021
Last sale
$3.0M
7 recorded transactions
2021
$3.0M
2016
Price N/A
2006
$2.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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