Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2975 Long Lk Rd Roseville, MN 55113-1049
    Back to Search
    Property profile & analytics

    2975 Long Lk Rd, Roseville, MN 55113-1049

    View on Map
    • Warehouses
    • 25,670 SF
    • 2.35 lot acres
    Off-Market
    Property ID
    US46-0407984
    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.
    Value Estimations
    $2,330,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2975 Long Lk Rd

    Year built
    1972
    Lot size
    2.35 lot acres
    Zone code
    N
    Property type
    Warehouses
    APN
    05-29-23-24-0006
    APU
    52923240006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 13, 2011 $72,596 Us Bk National Assn Sheriff Of Ramsey County Trustees Deed · related —
    — — George C Brandt INC — Deed Of Trust · related $750k · Associated Bank Minnesota
    — — George C Brandt INC — Deed Of Trust · related $235k · Anchor Bank NA
    — — George C Brandt INC — Deed Of Trust · related $425k · Anchor Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,085,000
      Market price range: $1.47M - $4.64M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,955,000
      Current use
      MEDICAL BUILDING
      $3,780,000
      Change: +28% Conversion: Difficult
      OFFICE BUILDING
      $2,810,000
      Change: -5% Conversion: Difficult
      RETAIL STORES
      $2,625,000
      Change: -11% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.199
    Latitude
    45.0312
    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
    2023
    $56,590
    $716,600
    $1,471,800
    $2,188,400
    -
    $716,600
    $1,471,800
    $2,188,400

    Comparable in this City

    • Value Estimation
      $7,580,000
      95,000 SF

      2600 Cleveland N Ave

      WAREHOUSE, STORAGE
      2600 Cleveland N Ave, Roseville, MN 55113-2612
      View Details
    • Value Estimation
      $3,655,000
      48,000 SF

      2958 Cleveland N Ave

      WAREHOUSE, STORAGE
      2958 Cleveland N Ave, Roseville, MN 55113-1101
      View Details
    • Value Estimation
      $5,050,000
      61,700 SF

      2600 Cleveland N Ave

      WAREHOUSE, STORAGE
      2600 Cleveland N Ave, Roseville, MN 55113-2612
      View Details
    • Value Estimation
      $6,905,000
      81,300 SF

      1975 County Rd 2nd W, Unit 1

      WAREHOUSE, STORAGE
      1975 County Rd 2nd W, Roseville, MN 55113-2705
      View Details
    • Value Estimation
      $19,410,000
      206,740 SF

      3015 Long Lk Rd

      WAREHOUSE, STORAGE
      3015 Long Lk Rd, Roseville, MN 55113-1025
      View Details
    • Value Estimation by Request
      0.35 Acres

      1330 Rose Pl

      WAREHOUSE, STORAGE
      1330 Rose Pl, Roseville, MN 55113-3230
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,766 SF

      Roseville Office and Flex Space

      8,766 SF building with office and flex space available.
      2597 Cleveland Ave N, Roseville, MN 55113
      View Details
    • Contact for pricing
      21,978 SF

      Roseville Flex/Industrial Property For Sale

      Flex/Industrial property with income potential in Roseville, Minnesota.
      2611 Hamline Ave N, Roseville, MN 55113
      View Details
    • Contact for pricing
      89,696 SF

      Roseville Industrial Property For Sale

      89,696 SF industrial property in Roseville, Minnesota.
      2420 County Road C W, Roseville, MN 55113
      View Details
    • Contact for pricing
      58,000 SF

      Rosewood Office Plaza: Value-Add Opportunity

      Prime Roseville Office Complex, 58,000 SF
      1711 County B Rd, Roseville, MN 55113
      View Details
    • Contact for pricing
      9,400 SF

      Multi-Tenant Automotive Property For Sale

      9,400 SF multi-tenant automotive property with strong income.
      2128 Rice St, Saint Paul, MN 55113
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      36,167 SF

      Roseville Warehouse Space Available

      Industrial warehouse space available for lease in Roseville, Minnesota.
      1929-1957 County Road C2 W, Roseville, MN 55113
      View Details
    • Contact for pricing
      33,390 SF

      Warehouse and Office Space Available

      33,390 SF warehouse and office space for lease.
      2501 Rosegate, Roseville, MN 55113
      View Details
    • Contact for pricing
      8,050 SF

      Roseville Warehouse Near I-35W

      19,600 SF warehouse with easy access to I-35W.
      1950-1952 Cty Rd C West, Roseville, MN 55113
      View Details
    • Contact for pricing
      2,000 SF

      Roseville Flex Space Available

      2,000 SF flex space for lease in Roseville, MN.
      1430 County Road C West, Roseville, MN 55113
      View Details
    • Contact for pricing
      8,000 SF

      Roseville Warehouse and Office Space

      8,000 SF warehouse and 4,400 SF office/showroom space available.
      2770-2812 Fairview Ave N, Roseville, MN 55113
      View Details
    • Contact for pricing
      4,920 SF

      Roseville Warehouse with Dock Door

      4,920 SF warehouse featuring drive-in and dock doors.
      1925 Oakcrest Ave, Roseville, MN 55113
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2975 Long Lk Rd
    Roseville, MN 55113-1049
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2975 Long Lk Rd, Roseville, MN, 55113
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!