Financial
Distress signals
Property profile

3543 88 Ave NE Circle Pines, MN 55014

FOR LEASE
Other industrial properties
Property ID
US46-0999498
6,924 SF 0.69 ac lot Built 1997
Last sale Oct 2023 · $975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A flex space suite located off 35W and Lake Drive, north of Highway 10, with a total area of 2,040 square feet comprising 1,540 square feet of office space and 500 square feet of heated warehouse area. The suite had been recently remodeled and is configured with two private offices, a kitchenette, and an open-concept conference room, with additional private office space capable of being added. It includes front-facing signage along Lake Drive.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$857k
Assessed land$180k
Assessed improvement$677k
Effective rate2.95%

Value estimate

· Sep 2026
$1.01M
$909k – $1.11M
AI approach$1.01M
CAP approach$1.16M
Submarket $/SF estimate$962k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 109,023.53% cap applied$19k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
Submarket average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$68 – $146
Qualifying comparables5

Cap rate analysis

How does the asset earn?
109,023.53%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionANOKA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.7
Law Firm16.0
Restaurant15.5

Location

3543 88 Ave NE Circle Pines, MN 55014
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
420 Park, Lino Lakes, MN 55014-2078 $1,351,515 Mar 2024 11,684 SF
424 Apollo, Lino Lakes, MN 55014-3000 $1,250,000 Jan 2022 9,960 SF
3620 88th NE, Circle Pines, MN 55014-4149 $2,120,000 Nov 2021 9,040 SF
7807 Lk, Lino Lakes, MN 55014-1135 $462,500 Sep 2019 6,660 SF
6298 Hodgson, Lino Lakes, MN 55014-1430 $1,340,000 Jan 2019 8,422 SF
7781 Lk, Lino Lakes, MN 55014-1109 $470,000 Jan 2019 6,048 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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