Property summary
A 2.28-acre commercial development site in Vadnais Heights, Minnesota, zoned Business Commercial and located near areas designated for Light Industrial. The property includes existing infrastructure suitable for a proposed 22,500+ square foot Office Condo Complex concept comprising three buildings plus an elevator lobby, with seven condominium units and seven PIDs; the site features poured concrete walk-out foundations, city water and sewer connections, natural gas and electric service, concrete curb and gutter, a paved parking lot, and storm sewer with a retention pond. Foundation areas for the three buildings are 4,386 sq. ft., 3,032 sq. ft., and 3,032 sq. ft., excluding the elevator lobby, and the foundations were structurally certified in 2022. The existing bituminous parking lot is present but would require improvements. Civil engineering drawings, building plans, and CIC documents are available, and alternative development pathways include re-platting and potential rezoning for industrial use, including possible garage-condominium development, or designing a new development using the utilities already installed.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.