1811 Old Hwy 8th NW New Brighton, MN 55112-1828
This exceptional 30,000 square foot flex space property, located at 1811 Old Highway 8 Northwest in Saint Paul, Minnesota, presents a compelling owner-user opportunity. Situated on a 2.077-acre lot in Ramsey County (zip code 55112), this mixed-use regional (MUR) zoned property offers a blend of office, production, and small warehouse space, ideal for a variety of businesses. Built in 1994, the building features a well-maintained interior and ample parking with 100 spaces. Its convenient location directly off I-35W at Highway 96 and Old Highway 8 NW provides excellent access and visibility. The property is well-suited for medical technology, in-house device manufacturing, or biotech companies. The current tenant's lease expires March 31, 2025, presenting a prime opportunity for an owner-occupier or a savvy investor. The building boasts masonry construction and is located in Flood Zone X. Asking price is $4,250,000. This is a rare chance to acquire a versatile and strategically located property in a thriving area between Minneapolis and Saint Paul.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
D · New Brighton, MNNew Brighton. Always verify with local authorities before improvements.
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.