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Property profile & analytics
OFF-MARKET Estimated value $1,130,000
Gas stations

2525 White Bear N Ave Maplewood, MN 55109-5143

19,087 SF 3 ac lot Built 1988
Trust Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US46-1957430
Property summary
AI-generated overview

This exceptional retail opportunity is located at 2525 White Bear Avenue N in Maplewood, Minnesota. Boasting a prime location directly across the parking lot from a Hy-Vee grocery store, this build-to-suit space offers unparalleled visibility and access to a high volume of daily traffic. The property sits on a generous 3.01-acre lot and comprises a total of 6,000 square feet, with 2,900 square feet currently available for development. The flexible design allows for a customized build-out to perfectly suit the tenant's specific needs and vision. This strategic location within a thriving business center places the property in close proximity to a variety of established businesses, including Caribou Coffee, Cub Foods, Target, Home Depot, and the aforementioned Hy-Vee. The high concentration of national and regional retailers in the immediate vicinity ensures a consistent flow of potential customers. This presents a unique chance to establish a successful retail presence in a highly desirable and well-established commercial area. The property's size and location make it ideal for a variety of retail uses, offering significant potential for growth and profitability. The asking price is $13 million. Serious inquiries only.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1988
Construction WOOD FRAME
Total area 19,087 SF
Lot 3 ac (130,854 SF)
APN 11-29-22-22-0042
UPID US46-1957430
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$975k
Blend (final) Blend
$1.13M
Owner & transaction history
Mnmac Real Estate Trust LLC · 14 yrs held
Mnmac Real Estate Trust LLC
since 2011
4 recorded transactions
2011
$500
2011
$847,407
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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