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    3787 Lexington N Ave Arden Hills, MN 55126-2937
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    Property profile & analytics

    3787 Lexington N Ave Arden Hills, MN 55126-2937


    • Grocery and convenience stores
    • 63,608 SF
    • 4.23 lot acres
    Retail Space in Arden Hills For Lease
    $3,485,000
    43,000 SF

    Retail Space in Arden Hills

    High-profile retail location with strong daytime population and national retailers.

    3787 Lexington Ave N, Arden Hills, MN
    View Listing
    Property ID
    US46-1876175
    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
    $3,485,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 3787 Lexington N Ave

    Year built
    1980
    Lot size
    4.23 lot acres
    Property size
    63,608 SF
    Property type
    Grocery and convenience stores
    APN
    27-30-23-41-0024
    APU
    273023410024

    Description

    This exceptional 43,000-square-foot retail space presents a remarkable opportunity for a single tenant seeking a high-profile location in Arden Hills, Ramsey County. Completed in 2022, this new construction building boasts excellent visibility and accessibility from Lexington Avenue North. The property offers a "white box" delivery, allowing for complete customization to suit a tenant's specific needs. Its strategic location places it directly across from major national retailers such as Target and Trader Joe's, ensuring high foot traffic and brand recognition. The surrounding area benefits from a strong daytime population, providing a substantial customer base. With ample parking accommodating 205 vehicles, customer convenience is prioritized. This freestanding building offers a unique opportunity to establish a prominent presence in a thriving retail corridor. The property's modern design and prime location make it an ideal space for a variety of retail businesses seeking significant exposure and a strong foundation for growth. The entire 43,000 square feet is currently vacant, providing a blank canvas for a discerning tenant. This is a rare chance to secure a substantial, newly constructed retail space in a highly desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,175,000
      ML approach
      $3,240,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,012,000
      Market price range: $2.22M - $7.21M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $4,945,000
      Current use
      WAREHOUSE, STORAGE
      $5,090,000
      Change: +3% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $4,585,000
      Change: -7% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Arden Hills
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1483
    Latitude
    45.0559
    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
    $110,712
    $1,844,400
    $4,381,700
    $6,226,100
    -
    $1,844,400
    $4,381,700
    $6,226,100
    View Listing
    More about this property
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