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    Property profile & analytics

    23100 Sugarbush NW Rd Elk River, MN 55330-9157

    • Industrial properties
    • 42,768 SF
    • 40.00 lot acres
    OFF-MARKET
    Value Estimation
    $840,000
    Last Sale
    May 25, 2021
    Location Intelligence
    Property ID
    US46-0817378
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 23100 Sugarbush NW Rd

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    40.00 lot acres
    Property size
    42,768 SF
    Property type
    Industrial properties
    APN
    31-34-25-31-0001
    APU
    313425310001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $905,000
      6.5%
      $885,000
      7%
      $845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,045,000
      Geo Method
      $870,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $915,000
      Retail
      $805,000
      Mixed-Use
      $985,000
      Hospitality
      $1,015,000
      Educational
      $1,035,000
      Residential Income
      $815,000
      Energy
      $780,000
      Income-Based Land
      $880,000
      Food Service
      $1,035,000

    Location Insight

    • Map
    • Local Demand
    City
    Elk River
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.5036
    Latitude
    45.3909
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $41,895
    $76,600
    $1,611,200
    $1,687,800
    -
    $76,600
    $1,611,200
    $1,687,800

    Comparable in this City

    • Value Estimation by Request
      8,356 SF

      19960 Ferret NW St

      INDUSTRIAL (GENERAL) • 8,356 SF
      19960 Ferret NW St, Nowthen, MN 55330-0047
      View Details
    • Value Estimation by Request
      88,010 SF

      9821 Gtwy NW Rd

      INDUSTRIAL (GENERAL) • 88,010 SF
      9821 Gtwy NW Rd, Elk River, MN 55330-9582
      View Details
    • Value Estimation by Request
      916 SF

      23100 Sugarbush NW Rd

      INDUSTRIAL (GENERAL) • 916 SF
      23100 Sugarbush NW Rd, Elk River, MN 55330-9157
      View Details
    • Value Estimation by Request
      1,286 SF

      23100 Sugarbush NW Rd

      INDUSTRIAL (GENERAL) • 1,286 SF
      23100 Sugarbush NW Rd, Elk River, MN 55330-9157
      View Details
    • Value Estimation by Request
      10,000 SF

      16800 Us-10

      Lifestyle centers • 10,000 SF
      16800 Us-10, Elk River, MN 55330
      View Details
    • Value Estimation by Request
      5.00 Acres

      71St St

      Land • 5.00 Acres
      0 71St St, Otsego, MN 55330
      View Details

    Similar Nearby for Sale

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      12.13 Acres

      Elk River Industrial Land - $1M+

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    • Contact for pricing
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      63,934 SF industrial facility in Elk River, Minnesota.
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      New Industrial Suites Under Construction

      Under construction industrial suites with freeway visibility in Otsego, MN.
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    • $325,000

      End-Unit Townhome with Wooded Views

      End-unit townhome with unfinished basement and updated features.
      10966 185Th Ave NW, Elk River, MN 55330
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      Pristine 45-acre parcel near town, ideal for development or homestead.
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    • New
      $80,000
      2.50 Acres

      Land for Residential Development

      2.5-acre lot for building a new home.
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    Similar Nearby for Lease

    • $7 SF/Yr
      34,776 SF

      Modern Industrial Space For Rent

      Functional industrial space with office build-out and heavy power.
      17834 Industrial Cir NW, Elk River, MN 55330
      View Details
    • $15 SF/Yr
      2,172 SF

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      2,172 SF flex space with office and warehouse.
      11044 Industrial Cir NW, Elk River, MN 55330
      View Details
    • Contact for pricing
      401,554 SF

      Otsego Warehouse and Distribution Space

      Available for lease or sale, build-to-suit warehouse and distribution.
      6300 Queens Ave NE, Otsego, MN 55330
      View Details
    • $7 SF/Yr
      8,892 SF

      Elk River Warehouse Space

      Warehouse space in Elk River with ample parking.
      15725 Jarvis St NW, Elk River, MN 55330
      View Details
    • Contact for pricing
      1,476 SF

      Retail Space on Highway 169

      Retail space with high visibility and ample parking available for rent.
      19320-19344 Highway 169 NW, Elk River, MN 55330
      View Details
    • $14 SF/Yr
      3,105 SF

      Renovated Office Space Available

      Move-in ready office space with private offices and ample parking.
      650 Dodge Ave NW, Elk River, MN 55330
      View Details
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    Elk River, MN 55330-9157
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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