Property summary
This exceptional 67,730-square-foot mixed-use property, located at 2325 Prior Avenue North in Roseville, Minnesota, presents a compelling investment opportunity. The property, built in 1973, features five units and sits on a sizable 5.871-acre lot. Currently vacant, this single-story building offers significant redevelopment potential. Its MU-4 zoning allows for a wide range of uses, including regional-scale retail, large-format stores, multi-story office buildings, and automobile dealerships, aligning with the city's comprehensive plan for mixed-use development. The property boasts excellent visibility and convenient freeway access, complemented by nearby amenities. With 60 parking spaces and a prime location in Ramsey County (zip code 55113), this property is ideally suited for a variety of commercial ventures. The property's existing infrastructure and strategic location make it an attractive option for investors seeking a high-impact development project or a new car dealership. Parcel numbers are 092923320006
Property profile
VerifiedCap rate & NOI
Current use
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Auto Parts Store
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Auto Repair Shop Vehicle Inspection Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M · Roseville, MNZoning
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Zoning designation
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The district profile from the municipal source: what is on file for M in Roseville, MN.
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