Property profile & analytics
3260 Gorham Ave Minneapolis, MN 55426
- Industrial properties
- 127,296 SF
- 0.72 lot acres
For Lease
View listing
$7 SF/Yr
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-1061050
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
- 3 Cricketeers, LLC / Food Processing Plant / Factory
- 3 Cricketeers / Food Processing Plant
- SOS Properties / Real Estate Agency
Property Details for 3260 Gorham Ave
- Year built
- 1962
- Lot size
- 0.72 lot acres
- Property size
- 127,296 SF
- Property type
- Industrial properties
- APN
- 17-117-21-13-0139
- APU
- 1711721130139
Description
This exceptional 22,400-square-foot industrial warehouse, located at 3260 Gorham Avenue in Minneapolis, Minnesota, presents a compelling investment opportunity. The Class B property sits on a 0.72-acre lot and features a single-story building with three loading docks. Ceiling heights range from 9 to 12 feet, providing ample vertical space for various storage and operational needs. The property is currently configured as a multi-tenant building, offering immediate income potential. A significant portion of the space, approximately 5,500 square feet, is currently available for an owner-occupier, allowing for a strategic combination of investment and operational use. The asking price is $2,576,000, translating to $115 per square foot. The property benefits from a convenient location off Highway 7 and Louisiana Avenue South, ensuring easy access and transportation. Each bay offers dock and/or drive-in access, and the site includes options for valuable outdoor storage. The lease type is NNN (Net, Net, Net), and the property is being offered for sale by owner. This warehouse provides a unique blend of investment potential and operational flexibility, making it an attractive proposition for discerning buyers. The Hennepin County location, with zip code 55426, adds to its desirability.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,389,000
Market price range: $630k - $1.74M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,165,000 Current use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- St Louis Park
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3701
- Latitude
- 44.9429
- 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
$64,550
$279,000
$1,839,000
$2,118,000
-
$279,000
$1,839,000
$2,118,000
